Harel Insurance Investments & Financial Services Ltd. decreased its stake in shares of GoPro Inc (NASDAQ:GPRO) by 46.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,000 shares of the company’s stock after selling 8,577 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in GoPro were worth $65,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in GPRO. Canada Pension Plan Investment Board lifted its position in GoPro by 1,407.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 2,894,661 shares of the company’s stock worth $12,272,000 after buying an additional 2,702,700 shares in the last quarter. Marshall Wace LLP purchased a new position in GoPro during the third quarter worth approximately $16,679,000. UBS Oconnor LLC lifted its position in GoPro by 1,186.5% during the fourth quarter. UBS Oconnor LLC now owns 995,872 shares of the company’s stock worth $4,222,000 after buying an additional 918,460 shares in the last quarter. Marshall Wace North America L.P. purchased a new position in GoPro during the third quarter worth approximately $3,798,000. Finally, Morgan Stanley lifted its position in GoPro by 48.5% during the third quarter. Morgan Stanley now owns 1,404,411 shares of the company’s stock worth $10,112,000 after buying an additional 458,907 shares in the last quarter. Hedge funds and other institutional investors own 41.05% of the company’s stock.

In other news, CFO Brian Mcgee sold 19,526 shares of GoPro stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $6.04, for a total value of $117,937.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Nicholas Woodman sold 1,400,000 shares of GoPro stock in a transaction on Friday, March 29th. The shares were sold at an average price of $6.52, for a total value of $9,128,000.00. The disclosure for this sale can be found here. Insiders sold 2,819,526 shares of company stock valued at $17,561,937 over the last ninety days. Insiders own 26.61% of the company’s stock.

NASDAQ:GPRO opened at $6.38 on Friday. GoPro Inc has a 52 week low of $4.00 and a 52 week high of $7.60. The company has a current ratio of 1.58, a quick ratio of 1.19 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $958.59 million, a price-to-earnings ratio of -13.87, a price-to-earnings-growth ratio of 10.31 and a beta of 0.74.

GoPro (NASDAQ:GPRO) last posted its earnings results on Wednesday, February 6th. The company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.06. GoPro had a negative return on equity of 34.77% and a negative net margin of 9.49%. The company had revenue of $377.38 million for the quarter, compared to the consensus estimate of $374.28 million. During the same quarter in the previous year, the business earned ($0.30) earnings per share. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. On average, research analysts predict that GoPro Inc will post 0.06 EPS for the current fiscal year.

GPRO has been the topic of a number of research analyst reports. Zacks Investment Research upgraded GoPro from a “hold” rating to a “buy” rating and set a $5.75 target price on the stock in a research report on Friday, February 8th. BidaskClub downgraded GoPro from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 1st. Longbow Research restated a “hold” rating on shares of GoPro in a research report on Tuesday, April 9th. Wedbush restated a “neutral” rating and issued a $6.00 target price on shares of GoPro in a research report on Thursday, January 31st. Finally, ValuEngine upgraded GoPro from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. GoPro has a consensus rating of “Hold” and a consensus target price of $6.72.

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GoPro Company Profile

GoPro, Inc develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally. The company offers HERO7, a cloud-connected line of camera; Fusion, a waterproof spherical camera; GoPro Plus, a cloud-based storage solution that enables subscribers to access, edit, and share content; Quik, a mobile editing app, as well as desktop app for editing options for power users; GoPro App, a mobile app that allows users to preview and play back photos and videos, control GoPro cameras, and share content; and Karma Grip, a handheld or body-mountable camera stabilizer that capture zero-shake smooth video.

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Institutional Ownership by Quarter for GoPro (NASDAQ:GPRO)

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