GoPro Inc (NASDAQ: GPRO) is -63.98% lower on its value in year-to-date trading and has touched a low of $1.12 and a high of $3.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GPRO stock was last observed hovering at around $1.22 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.25, the stock is -7.03% and -5.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 2.46% at the moment leaves the stock -22.32% off its SMA200. GPRO registered -65.37% loss for a year compared to 6-month loss of -19.35%. The firm has a 50-day simple moving average (SMA 50) of $1.3276 and a 200-day simple moving average (SMA200) of $1.615675.
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The stock witnessed a -3.85% gain in the last 1 month and extending the period to 3 months gives it a -1.57%, and is 5.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.09% over the week and 8.32% over the month.
GoPro Inc (GPRO) has around 930 employees, a market worth around $196.75M and $896.01M in sales. Fwd P/E is 9.13. Profit margin for the company is -44.37%. Distance from 52-week low is 11.61% and -67.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-133.19%).
with sales reaching $196.5M over the same period.The EPS is expected to shrink by -1120.60% this year, but quarterly earnings will post -20.45% year-over-year. Quarterly sales are estimated to shrink -33.48% in year-over-year returns.
GoPro Inc (GPRO) Top Institutional Holders
194.0 institutions hold shares in GoPro Inc (GPRO), with institutional investors hold 55.53% of the company’s shares. The shares outstanding are 154.12M, and float is at 124.64M with Short Float at 4.59%. Institutions hold 54.20% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.5 million shares valued at $14.91 million. The investor’s holdings represent 6.9514% of the GPRO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.54 million shares valued at $10.71 million to account for 4.9911 of the shares outstanding. The other top investors are D. E. SHAW & CO., INC. which holds 5.51 million shares representing 3.6451% and valued at over $7.82 million, while ACADIAN ASSET MANAGEMENT LLC holds 2.9224 of the shares totaling 4.42 million with a market value of $6.27 million.
GoPro Inc (GPRO) Insider Activity
The most recent transaction is an insider sale by Lurie Alexander J, the company’s Director. SEC filings show that Lurie Alexander J sold 219,120 shares of the company’s common stock on Nov 14 ’24 at a price of $1.26 per share for a total of $0.28 million. Following the sale, the insider now owns 0.0 shares.
GoPro Inc disclosed in a document filed with the SEC on Nov 13 ’24 that Lurie Alexander J (Director) sold a total of 61,268 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $1.35 per share for $82804.0. Following the transaction, the insider now directly holds 0.22 million shares of the GPRO stock.
Still, SEC filings show that on Nov 13 ’24, Alexander J. Lurie (Director) Proposed Sale 280,388 shares at an average price of $1.42 for $0.4 million. The insider now directly holds shares of GoPro Inc (GPRO).
