GoPro Inc. (NASDAQ:GPRO) CFO Brian Mcgee sold 4,497 shares of the business’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $10.32, for a total transaction of $46,409.04. Following the completion of the transaction, the chief financial officer now owns 51,250 shares of the company’s stock, valued at $528,900. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of GoPro Inc. (NASDAQ:GPRO) traded up 0.10% during mid-day trading on Friday, hitting $9.99. 544,536 shares of the stock traded hands. The company’s market cap is $1.40 billion. The stock has a 50 day moving average price of $13.49 and a 200-day moving average price of $12.57. GoPro Inc. has a one year low of $8.62 and a one year high of $20.94.

GoPro (NASDAQ:GPRO) last announced its earnings results on Thursday, November 3rd. The company reported ($0.60) earnings per share for the quarter, missing the consensus estimate of ($0.35) by $0.25. GoPro had a negative net margin of 31.23% and a negative return on equity of 49.53%. The firm earned $240.57 million during the quarter, compared to analyst estimates of $315.89 million. During the same period in the previous year, the firm posted $0.25 EPS. The company’s revenue for the quarter was down 39.9% compared to the same quarter last year. On average, analysts forecast that GoPro Inc. will post ($1.48) earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for GoPro (NASDAQ:GPRO)

Several equities analysts recently issued reports on GPRO shares. Oppenheimer Holdings Inc. reiterated a “” rating on shares of GoPro in a research note on Thursday, July 28th. BlueFin Research reiterated an “add” rating on shares of GoPro in a research note on Monday, September 26th. Vetr cut shares of GoPro from a “strong-buy” rating to a “buy” rating and set a $17.10 target price for the company. in a research note on Monday, August 15th. JPMorgan Chase & Co. set a $17.00 target price on shares of GoPro and gave the company a “buy” rating in a research note on Thursday, July 21st. Finally, Bank of America Corp. started coverage on shares of GoPro in a research note on Friday, September 16th. They issued a “buy” rating and a $19.00 target price for the company. Three investment analysts have rated the stock with a sell rating, nineteen have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $13.70.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Swiss National Bank purchased a new position in shares of GoPro during the second quarter valued at $1,484,000. Suntrust Banks Inc. increased its position in shares of GoPro by 4.4% in the second quarter. Suntrust Banks Inc. now owns 16,583 shares of the company’s stock valued at $179,000 after buying an additional 696 shares during the last quarter. Societe Generale acquired a new stake in GoPro during the second quarter valued at approximately $3,613,000. Quantitative Investment Management LLC boosted its stake in GoPro by 231.2% in the second quarter. Quantitative Investment Management LLC now owns 297,100 shares of the company’s stock valued at $3,211,000 after buying an additional 207,400 shares during the period. Finally, California State Teachers Retirement System boosted its stake in GoPro by 11.8% in the second quarter. California State Teachers Retirement System now owns 211,917 shares of the company’s stock valued at $2,291,000 after buying an additional 22,324 shares during the period. 30.18% of the stock is owned by hedge funds and other institutional investors.

GoPro Company Profile

GoPro, Inc produces mountable and wearable cameras (capture devices) and accessories. The Company’s products are sold globally through retailers, wholesale distributors and on its Website. It enables people to capture compelling, immersive photo and video content of themselves in their day to day life, as well as participating in their favorite activities.

5 Day Chart for NASDAQ:GPRO

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