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.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in shares of GoPro by 14.1% during the first quarter. LPL Financial LLC now owns 74,593 shares of the company’s stock worth $357,000 after buying an additional 9,243 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of GoPro during the second quarter worth about $172,000. MUFG Securities EMEA plc boosted its stake in shares of GoPro by 113.1% during the second quarter. MUFG Securities EMEA plc now owns 60,287 shares of the company’s stock worth $388,000 after buying an additional 32,000 shares during the period. Price Capital Management Inc. acquired a new stake in shares of GoPro during the second quarter worth about $682,000. Finally, Rhumbline Advisers boosted its stake in shares of GoPro by 8.5% during the second quarter. Rhumbline Advisers now owns 110,606 shares of the company’s stock worth $712,000 after buying an additional 8,679 shares during the period. Institutional investors own 33.48% of the company’s stock.

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.

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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.

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