GameStop CEO Just Made A Big Move

GameStop CEO Ryan Cohen has executed a gigantic trade, buying more than 1.1 million shares of his own company's stock and spending more than $26.4 million in the process. He now owns more than 40 million shares of the company, according to an SEC filing. He bought the shares at around $23/share.
Since the purchase was made public in a regulatory filing on September 21, GameStop's shares shot up, rising more than 3%.
This was just the latest massive share purchase by Cohen, as he bought 1 million