GoPro Inc (NASDAQ:GPRO)’s stock price traded down 5.2% on Monday . The stock traded as low as $3.82 and last traded at $3.83, 4,239,037 shares changed hands during trading. A decline of 7% from the average session volume of 4,543,931 shares. The stock had previously closed at $4.04.

Several equities analysts have weighed in on the company. Oppenheimer lowered their target price on GoPro from $9.00 to $7.00 and set an “outperform” rating on the stock in a research note on Thursday, October 3rd. BidaskClub raised GoPro from a “sell” rating to a “hold” rating in a research note on Friday, October 25th. Zacks Investment Research cut GoPro from a “hold” rating to a “strong sell” rating and set a $3.50 target price on the stock. in a research note on Friday, October 4th. Wedbush reaffirmed a “hold” rating and set a $4.50 target price on shares of GoPro in a research note on Thursday, October 31st. Finally, Morgan Stanley lowered their target price on GoPro from $5.00 to $4.50 and set an “underweight” rating on the stock in a research note on Thursday, October 3rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $5.50.

The firm has a market cap of $629.25 million, a P/E ratio of -8.33, a PEG ratio of 5.05 and a beta of 0.85. The company has a 50 day moving average of $4.10 and a 200 day moving average of $4.92. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.55 and a current ratio of 1.33.

GoPro (NASDAQ:GPRO) last posted its earnings results on Thursday, November 7th. The company reported ($0.42) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.48) by $0.06. GoPro had a negative return on equity of 32.29% and a negative net margin of 7.55%. The firm had revenue of $131.00 million during the quarter, compared to analyst estimates of $126.36 million. During the same period in the previous year, the company earned ($0.04) EPS. The company’s revenue for the quarter was down 54.2% on a year-over-year basis. As a group, analysts expect that GoPro Inc will post 0.08 EPS for the current fiscal year.

In related news, Director Tyrone Ahmad-Taylor sold 7,127 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $4.47, for a total value of $31,857.69. Following the completion of the sale, the director now directly owns 21,383 shares in the company, valued at approximately $95,582.01. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Eve T. Saltman sold 14,669 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $4.46, for a total value of $65,423.74. Following the completion of the sale, the vice president now owns 120,388 shares of the company’s stock, valued at $536,930.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,700 shares of company stock valued at $129,099. Corporate insiders own 22.34% of the company’s stock.

Several hedge funds have recently modified their holdings of GPRO. Prudential Financial Inc. acquired a new position in shares of GoPro during the second quarter worth approximately $55,000. Honkamp Krueger Financial Services Inc. acquired a new position in shares of GoPro during the second quarter worth approximately $64,000. Tower Research Capital LLC TRC lifted its holdings in shares of GoPro by 2,404.1% during the third quarter. Tower Research Capital LLC TRC now owns 27,620 shares of the company’s stock worth $143,000 after buying an additional 26,517 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of GoPro by 28.3% in the third quarter. Versant Capital Management Inc now owns 32,316 shares of the company’s stock valued at $167,000 after purchasing an additional 7,127 shares in the last quarter. Finally, Quantamental Technologies LLC raised its stake in shares of GoPro by 59.6% in the second quarter. Quantamental Technologies LLC now owns 31,165 shares of the company’s stock valued at $170,000 after purchasing an additional 11,632 shares in the last quarter. Institutional investors own 41.37% of the company’s stock.

GoPro Company Profile (NASDAQ:GPRO)

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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