Tyrone Ahmad-Taylor Sells 4,188 Shares of GoPro Inc (GPRO) Stock
GoPro Inc (NASDAQ:GPRO) Director Tyrone Ahmad-Taylor sold 4,188 shares of the business’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $5.44, for a total transaction of $22,782.72. The sale was disclosed in a document filed with the SEC, which is available at this link.
NASDAQ GPRO opened at $5.24 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.37 and a quick ratio of 0.99. GoPro Inc has a 1 year low of $4.42 and a 1 year high of $8.78. The firm has a market capitalization of $810.00 million, a price-to-earnings ratio of -4.94 and a beta of 0.31.
GoPro (NASDAQ:GPRO) last released its quarterly earnings data on Thursday, November 1st. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.02. GoPro had a negative net margin of 17.77% and a negative return on equity of 70.45%. The company had revenue of $286.00 million during the quarter, compared to the consensus estimate of $272.28 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. GoPro’s revenue for the quarter was down 13.3% on a year-over-year basis. On average, sell-side analysts anticipate that GoPro Inc will post -0.53 EPS for the current fiscal year.
A number of brokerages recently commented on GPRO. BidaskClub downgraded shares of GoPro from a “buy” rating to a “hold” rating in a research note on Wednesday, July 25th. Wedbush set a $7.00 price objective on shares of GoPro and gave the company a “hold” rating in a research note on Sunday, November 4th. Bank of America set a $6.00 price objective on shares of GoPro and gave the company a “sell” rating in a research note on Saturday, November 3rd. Morgan Stanley set a $5.00 price objective on shares of GoPro and gave the company a “sell” rating in a research note on Sunday, November 4th. Finally, ValuEngine upgraded shares of GoPro from a “sell” rating to a “hold” rating in a research note on Tuesday, October 23rd. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. GoPro presently has an average rating of “Hold” and a consensus price target of $7.10.
TRADEMARK VIOLATION WARNING: This report was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2018/11/21/tyrone-ahmad-taylor-sells-4188-shares-of-gopro-inc-gpro-stock.html.
GoPro Company Profile
GoPro, Inc develops and sells cameras, and mountable and wearable accessories in the United States and internationally. The company offers HERO5 and HERO6, which are cloud-connected line of cameras; 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.
Featured Story: Hedge Funds – How They Work For Investors
Receive News & Ratings for GoPro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoPro and related companies with MarketBeat.com's FREE daily email newsletter.