Understanding GME Shares Outstanding Through Financial Reports

GME shares outstanding can be a complex topic, but it's essential to understand it to make informed investment decisions. The number of shares outstanding refers to the total number of shares that have been issued by a company and are held by shareholders.

According to the GME financial reports, as of Q4 2020, the total shares outstanding stood at 54,360,000. This number can fluctuate due to various factors such as stock splits, new share issuances, or share buybacks.

When analyzing GME shares outstanding, it's crucial to consider the company's financial health and growth prospects. A higher number of shares outstanding can impact the company's earnings per share (EPS) and potentially dilute the value of existing shares.

GME's financial reports also provide information on the number of shares that are authorized for issuance, which stood at 100,000,000 as of Q4 2020. This number represents the maximum number of shares that the company can issue without the need for further shareholder approval.

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As of March 22, 2023, there were 197,058 record holders of GameStop's Class A Common Stock, with approximately 76.0 million shares held by these record holders.

The majority of GameStop's Class A Common Stock, approximately 228.7 million shares, were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation.

By June 1, 2023, the number of outstanding shares of GameStop's Class A common stock had increased to approximately 304,751,243.

As of August 31, 2023, the number of outstanding shares of GameStop's Class A common stock had risen to approximately 305,241,294.

By March 20, 2024, there were 305,873,200 shares of GameStop's Class A common stock outstanding.

Approximately 75% of GameStop's Class A common stock, or about 230.6 million shares, were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation as of March 20, 2024.

As of June 5, 2024, GameStop's Class A common stock outstanding had increased to approximately 351,217,517 shares.

Worth a look: Common Share Equity

By September 4, 2024, the number of outstanding shares of GameStop's Class A common stock had risen to approximately 426,509,592.

Approximately 83% of GameStop's Class A common stock, or about 353.7 million shares, were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation as of September 4, 2024.

Additional reading: Class a Share

The majority of GameStop's shares are held by freefloat, which accounts for 91.51% of the company's ownership.

RC Ventures LLC is the largest individual shareholder, owning 8.25% of GameStop's shares.

The Vanguard Group, Inc. has a significant stake in GameStop, with its subsidiary owning 8.17% of the company's shares.

BlackRock Fund Advisors and iShares Core S&P Mid Cap ETF also hold notable shares of GameStop, with 4.24% and 2.95% respectively.

Here is a breakdown of the top shareholders in GameStop:

The Price to Book Value (P/BV) ratio is a key metric to consider when evaluating GameStop Corp.'s stock performance. GameStop Corp.'s P/BV ratio was 3.54 as of February 3, 2024.

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This ratio indicates the market's perception of the company's value relative to its book value. The P/BV ratio for GameStop Corp. increased from 4.18 in 2022 to 5.33 in 2023, but then decreased significantly to 3.54 in 2024.

Book value is a fundamental concept in finance, and it's essential to understand how the market values it. GameStop Corp.'s book value is a crucial factor in determining the company's overall valuation.

The P/BV ratio for GameStop Corp. was 29.11 in 2021, which is significantly higher than the current ratio of 3.54. This indicates a substantial decrease in the ratio over the past few years.

Here's a breakdown of GameStop Corp.'s P/BV ratio over the past few years:

This table illustrates the significant fluctuations in GameStop Corp.'s P/BV ratio over the past few years.

Ryan Cohen's ownership percentage in GameStop has decreased due to corporate actions.

The number of GME shares outstanding has increased significantly, from 304.75 million last June to 426.21 million as of this month, a 40% increase in just one year.

This dilution is a result of company actions, not a negative signal from the CEO.

GameStop's ATM offerings, which have resulted in gross proceeds of $3.07 billion, have surprisingly had little effect on GME stock.

Roaring Kitty's GME stake has remained strong, totaling 5 million shares worth $124.15 million and 120,000 $20 call options expiring on June 21.

As of November 30, 2023, there were approximately 305,514,315 shares of our Class A common stock outstanding.

The majority of these shares were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation, with a staggering 230.1 million shares, accounting for about 75% of our outstanding shares.

By December 4, 2024, the number of outstanding shares increased to approximately 446,800,365, a significant jump of about 141,285,950 shares.

Cede & Co continued to hold a substantial portion of these shares, with about 375.8 million shares, representing around 84% of our outstanding shares, as of December 4, 2024.

On a similar theme: Shares Outstanding En Español