Keith Gill, known online as "Roaring Kitty," is credited with triggering the GameStop stock rally in 2020, when he posted online that he believed the shares were undervalued. As of June 13, 2024, Gill's net worth includes more than 9 million GameStop shares valued at $262 million, and about $6.3 million in cash.
The profit on Keith Gill's GameStop trades
It consisted of two parts: 5 million shares of GameStop stock purchased for $21.27, worth approximately $116 million at the time of the post. 120,000 June 2024 $20 call options purchased for about $5.68, worth nearly $66 million at the time of the post.
Between 2021–2024, Gill kept a low profile but continued to increase his GameStop ownership. As of June 2024, Gill owns 9 million Class A shares of Chewy, Inc valued at approximately $306 million as of close of business 27 December 2024.
Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill's net worth is over $289 million.
Citron Capital: Suffered 100% losses on its GameStop positions during the stock's bullish rally. GameStop's Business Dynamics: The article provides insights into GameStop's traditional brick-and-mortar business model, which seemed outdated to many as the gaming industry shifted towards digital purchases.
On September 28, 2023, Cohen took over as Chief Executive Officer of GameStop. He is receiving no salary for his roles as CEO and chairman.
In late 2019 / early 2020 Cohen started building a position in Gamestop. Today, “…his more than 36 million shares have earned him roughly $900 million in paper profits, regulatory filings show.”
Dumb Money does not entirely shy away from showing those losses; along with Gill, the film follows a handful of fictionalized GameStop investors, including Jennifer, a nurse played by America Ferrara, who becomes obsessed with Gill and GameStop stock, buys in big, and ends up losing money after failing to sell at the ...
What percentage of GameStop (GME) stock is held by retail investors? According to the latest TipRanks data, approximately 72.62% of GameStop (GME) stock is held by retail investors. Vanguard owns the most shares of GameStop (GME).
GameStop has a market cap or net worth of $14.26 billion as of January 10, 2025. Its market cap has increased by 175.12% in one year.
Final word on Keith Gill's wife
Keith Gill's wife, Caroline Gill, is a financial expert and investment banker. She gained public attention following her marriage to financial analyst Keith. She is a strong pillar of support for her husband's career. The two married in 2016 and have one daughter.
Cash on Hand as of October 2024 : $4.61 Billion USD
According to GameStop 's latest financial reports the company has $4.61 Billion USD in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.
The all-time high GameStop stock closing price was 86.88 on January 27, 2021. The GameStop 52-week high stock price is 64.83, which is 109% above the current share price. The GameStop 52-week low stock price is 9.95, which is 67.9% below the current share price.
NEW YORK, June 13 (Reuters) - Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week.
Which GameStop locations are closing? The company has not announced specific closings, but discussions on social media platforms reveal closures and planned closures in cities across the U.S. The company reported in March of 2024 that 287 stores had been closed in 2023.
In June, the Grapevine, Texas-based company fired CEO Matthew Furlong, the former Amazon executive who was brought in two years ago to turn the struggling video game retailer around. GameStop's previous CEOs include Richard Fontaine, Daniel DeMatteo, Paul Raines and George Sherman. Shares of Gamestop Corp.
He initially purchased $53,000 worth of GameStop stock in 2019. At the height of the GameStop surge, Gill's stock was valued at $48 million. Gill retreated from public life in 2021, with no indication of what he's doing now.
Chewy. The third and final supercharged growth stock added to Warren Buffett's secret portfolio during the second quarter is online-based pet food and treats company Chewy (NYSE: CHWY). New England Asset Management opened its position with a stake of more than 1,600 shares.
Chewy was founded by Ryan Cohen and Michael Day in 2011, when they were in their early twenties. The company is an online pet supply store that sells everything from toys to food to medicine for dogs, cats, fish, birds, small pets, reptiles, farm animals, and horses.
Keith Gill is largely credited with sparking r/WallStreetBets' overwhelming interest in GameStop just prior to its legendary short squeeze in late 2020 and early 2021. Here's what he's worth now.