GoPro Inc (NASDAQ:GPRO) SVP Sharon S. Zezima sold 14,966 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $5.60, for a total value of $83,809.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
GoPro Inc (GPRO) traded up $0.08 during mid-day trading on Tuesday, reaching $5.57. The company had a trading volume of 2,770,832 shares, compared to its average volume of 6,920,000. GoPro Inc has a fifty-two week low of $5.04 and a fifty-two week high of $11.89. The company has a current ratio of 1.65, a quick ratio of 1.08 and a debt-to-equity ratio of 0.38. The firm has a market cap of $812.99, a P/E ratio of -4.25 and a beta of 0.15.
GoPro (NASDAQ:GPRO) last posted its quarterly earnings results on Thursday, February 1st. The company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.75). GoPro had a negative return on equity of 39.34% and a negative net margin of 15.50%. The firm had revenue of $334.80 million for the quarter, compared to analyst estimates of $340.19 million. During the same period last year, the company posted $0.29 earnings per share. The firm’s quarterly revenue was down 38.1% compared to the same quarter last year. equities analysts predict that GoPro Inc will post -0.62 EPS for the current year.
Hedge funds have recently bought and sold shares of the stock. Argent Capital Management LLC acquired a new position in GoPro during the 3rd quarter worth approximately $1,028,000. Wells Fargo & Company MN increased its holdings in GoPro by 266.1% during the 2nd quarter. Wells Fargo & Company MN now owns 292,349 shares of the company’s stock worth $2,376,000 after purchasing an additional 212,486 shares in the last quarter. Teachers Advisors LLC increased its holdings in GoPro by 9.2% during the 2nd quarter. Teachers Advisors LLC now owns 193,410 shares of the company’s stock worth $1,572,000 after purchasing an additional 16,243 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in GoPro during the 3rd quarter worth approximately $266,000. Finally, Comerica Bank bought a new stake in GoPro during the 3rd quarter worth approximately $737,000. 27.02% of the stock is currently owned by institutional investors and hedge funds.
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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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