Shares of GoPro Inc. (NASDAQ:GPRO) rose 11.9% during mid-day trading on Monday . The company traded as high as $12.34 and last traded at $12.27, with a volume of 7,036,060 shares traded. The stock had previously closed at $10.97.

GPRO has been the topic of a number of analyst reports. JPMorgan Chase & Co. restated a “buy” rating and set a $17.00 target price on shares of GoPro in a research report on Friday, June 17th. Raymond James Financial Inc. restated a “buy” rating on shares of GoPro in a research report on Sunday, May 8th. Piper Jaffray Cos. restated an “underweight” rating and set a $7.00 target price on shares of GoPro in a research report on Saturday, April 16th. Barclays PLC reiterated a “hold” rating and issued a $12.00 price target on shares of GoPro in a report on Sunday, May 8th. Finally, FBN Securities reiterated a “sector perform” rating and issued a $11.00 price target (up previously from $10.00) on shares of GoPro in a report on Tuesday, May 10th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $14.98.

The stock’s 50-day moving average price is $10.48 and its 200-day moving average price is $12.03. The stock’s market capitalization is $1.71 billion.

GoPro (NASDAQ:GPRO) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.60) by $0.03. During the same period last year, the company posted $0.24 EPS. The firm had revenue of $183.50 million for the quarter, compared to the consensus estimate of $169.14 million. The business’s quarterly revenue was down 49.5% on a year-over-year basis. On average, equities research analysts predict that GoPro Inc. will post ($0.93) earnings per share for the current fiscal year.

In other news, President Anthony John Bates sold 9,704 shares of the stock in a transaction on Monday, June 6th. The shares were sold at an average price of $10.79, for a total value of $104,706.16. Following the completion of the transaction, the president now owns 404,540 shares in the company, valued at approximately $4,364,986.60. The sale was disclosed in a filing with the SEC, which is available at this link.

Other institutional investors have made changes to their positions in the company. Wells Fargo & Company MN boosted its position in shares of GoPro by 25.7% in the fourth quarter. Wells Fargo & Company MN now owns 82,343 shares of the company’s stock worth $1,484,000 after buying an additional 16,847 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of GoPro by 1.8% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 116,588 shares of the company’s stock worth $2,100,000 after buying an additional 2,070 shares during the period. BNP Paribas Arbitrage SA boosted its stake in shares of GoPro by 473.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 136,110 shares of the company’s stock worth $2,451,000 after buying an additional 112,358 shares during the period. California State Teachers Retirement System boosted its stake in shares of GoPro by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 165,358 shares of the company’s stock worth $2,978,000 after buying an additional 2,586 shares during the period. Finally, Quantitative Investment Management LLC purchased a new stake in shares of GoPro during the fourth quarter worth about $5,907,000.

GoPro, Inc produces mountable and wearable cameras (capture devices) and accessories. The Company’s products are sold globally through retailers, wholesale distributors and on its Website. It enables people to capture compelling, immersive photo and video content of themselves in their day to day life, as well as participating in their favorite activities.

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