GoPro, Inc. (GPRO) CEO Nicholas Woodman Sells 165,343 Shares
GoPro, Inc. (NASDAQ:GPRO) CEO Nicholas Woodman sold 165,343 shares of GoPro stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $9.02, for a total transaction of $1,491,393.86. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Nicholas Woodman also recently made the following trade(s):
- On Friday, November 3rd, Nicholas Woodman sold 515,000 shares of GoPro stock. The shares were sold at an average price of $9.30, for a total transaction of $4,789,500.00.
GoPro, Inc. (NASDAQ GPRO) opened at $8.85 on Wednesday. GoPro, Inc. has a 12 month low of $7.14 and a 12 month high of $11.89. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.66 and a quick ratio of 1.13.
A number of equities research analysts have weighed in on the stock. Goldman Sachs Group, Inc. (The) upgraded shares of GoPro from a “sell” rating to a “neutral” rating and lifted their price target for the company from $6.75 to $10.00 in a research report on Tuesday, August 15th. Vetr cut shares of GoPro from a “hold” rating to a “strong sell” rating and set a $8.02 price target for the company. in a research report on Monday, August 7th. J P Morgan Chase & Co lifted their price target on shares of GoPro from $13.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, September 7th. Citigroup Inc. reiterated a “neutral” rating and set a $10.50 price target on shares of GoPro in a research report on Friday, September 8th. Finally, Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of GoPro in a research report on Wednesday, August 9th. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $9.68.
A number of institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC lifted its stake in GoPro by 37.1% in the third quarter. SG Americas Securities LLC now owns 176,310 shares of the company’s stock worth $1,941,000 after acquiring an additional 47,754 shares during the last quarter. Comerica Bank purchased a new stake in shares of GoPro during the 3rd quarter worth approximately $737,000. Principal Financial Group Inc. purchased a new stake in shares of GoPro during the 3rd quarter worth approximately $139,000. Essex Investment Management Co. LLC purchased a new stake in shares of GoPro during the 3rd quarter worth approximately $122,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of GoPro during the 3rd quarter worth approximately $440,000. Institutional investors own 24.26% of the company’s stock.
GoPro Company Profile
GoPro, Inc (GoPro) produces cameras and mountable and wearable accessories. The Company’s product offerings include HERO5, which is a line of cloud-connected cameras featuring image stabilization, telemetry, cloud connectivity and voice control; GoPro Plus, which is a cloud-based storage solution that enables subscribers to access, edit and share content; Quik, which is a mobile editing application that creates edits on a smartphone; Capture, which is a mobile application that allows users to preview and play back shots, control their GoPro cameras and share content on the fly using their smartphones; Karma, which is its compact and foldable drone and versatile stabilization solution that includes the Karma controller, and camera stabilizer, and it all fits in a custom backpack, and Karma Grip, which is a handheld, body-mountable camera stabilizer.
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