Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
GameStop Corp. (NYSE: GME)
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.
A quick look at the price chart below for GameStop shows us that the stock is down 55% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 5.52 which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in GameStop include:
Michael Burry – 3,000,000 total shares
Israel Englander – 957,486 total shares
Cliff Asness – 300,152 total shares
Bill Miller – 201,480 total shares
Mario Gabelli – 49,700 total shares
Joel Greenblatt – 20,155 total shares
Ken Griffin – 11,360 total shares
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