GoPro, Inc. (NASDAQ:GPRO) has earned a consensus recommendation of “Hold” from the twenty-two analysts that are currently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $9.90.
GPRO has been the topic of a number of research reports. Vetr raised shares of GoPro from a “sell” rating to a “strong-buy” rating and set a $11.55 target price on the stock in a research note on Thursday, October 19th. J P Morgan Chase & Co reissued an “overweight” rating and set a $13.00 price objective on shares of GoPro in a research note on Saturday, August 26th. Morgan Stanley boosted their price objective on shares of GoPro from $8.50 to $9.50 and gave the stock an “equal weight” rating in a research note on Friday, September 8th. Citigroup Inc. dropped their price objective on shares of GoPro from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, November 2nd. Finally, BidaskClub lowered shares of GoPro from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th.
In other news, CFO Brian Mcgee sold 7,541 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $8.23, for a total transaction of $62,062.43. Following the completion of the transaction, the chief financial officer now directly owns 79,167 shares of the company’s stock, valued at $651,544.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Anthony John Bates sold 25,529 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $10.17, for a total transaction of $259,629.93. Following the transaction, the director now directly owns 116,482 shares of the company’s stock, valued at $1,184,621.94. The disclosure for this sale can be found here. In the last quarter, insiders sold 738,331 shares of company stock worth $6,876,684. Insiders own 28.58% of the company’s stock.
Shares of GoPro (NASDAQ:GPRO) remained flat at $$8.58 on Friday. 1,440,685 shares of the stock traded hands, compared to its average volume of 4,324,643. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.08 and a current ratio of 1.65. GoPro has a 12 month low of $7.14 and a 12 month high of $11.89.
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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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