This question is about GameStop.

Who owns GameStop?

By Zippia Team - Sep. 14, 2022

GameStop chairman Ryan Cohen owns GameStop with a 11.9% stake in the company. In March 2022, he bought 100,000 more shares in an attempt to push GameStop into e-commerce.

There are several other companies that are shareholders in Gamestop. Here is a list of the top companies and their stake percentages:

  • The Vangaurd Group, Inc. - 7.71%

  • BlackRock Fund Advoisors - 6.34%

  • SSgA Funds Management, Inc. - %2.21

  • Geode Capital Management LLC - %1.04

GameStop started in Texas in 1984 under the name Babbage's, a software retailer founded by Harvard Business School classmates James McCurry and Gary M. Kusin.

The company began to focus on video games in 1987, around the time the Atari 2600 was released. Babbage's became a publicly traded company in 1988, and in 1991 video games accounted for two-thirds of the company's sales.

In 1999, Barnes and Noble Booksellers bought Babbage's for $215 million and also acquired FuncoLand for $160 million, another video game retailer. Barnes and Noble Booksellers then combined the two companies and renamed it GameStop.

Who owns GameStop?

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