1 day Ago By ABMN Staff
StockNews.com began coverage on shares of GoPro ( NASDAQ:GPRO – Free Report ) in a research report report published on Tuesday. The brokerage issued a sell rating on the stock.
Separately, Wedbush reissued a “neutral” rating and issued a $1.50 price objective on shares of GoPro in a report on Friday, January 31st. Get Our Latest Analysis on GoPro GoPro Trading Up 0.
1 % GoPro ( NASDAQ:GPRO – Get Free Report ) last announced its quarterly earnings data on Thursday, February 6th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.
01) by ($0.12). GoPro had a negative net margin of 53.
94% and a negative return on equity of 55.77%. On average, research analysts predict that GoPro will post -0.
25 earnings per share for the current fiscal year. Institutional Investors Weigh In On GoPro A number of hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp increased its holdings in shares of GoPro by 0.
5% during the 3rd quarter. State Street Corp now owns 2,533,952 shares of the company’s stock valued at $3,446,000 after purchasing an additional 11,454 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of GoPro by 63.
4% during the 3rd quarter. Jane Street Group LLC now owns 493,421 shares of the company’s stock valued at $671,000 after purchasing an additional 191,487 shares in the last quarter. Barclays PLC increased its holdings in shares of GoPro by 4.
0% during the 3rd quarter. Barclays PLC now owns 628,791 shares of the company’s stock valued at $855,000 after purchasing an additional 24,044 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of GoPro by 10.
5% during the 4th quarter. SG Americas Securities LLC now owns 127,323 shares of the company’s stock valued at $139,000 after purchasing an additional 12,147 shares in the last quarter. Finally, R Squared Ltd purchased a new position in shares of GoPro during the 4th quarter valued at approximately $27,000.
Institutional investors and hedge funds own 70.09% of the company’s stock. About GoPro ( Get Free Report ) GoPro, Inc develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally.
The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera. Featured Stories 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 .
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