Gogo Inc (NASDAQ: GOGO) is 62.53% higher on its value in year-to-date trading and has touched a low of $6.17 and a high of $15.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GOGO stock was last observed hovering at around $14.58 in the last trading session, with the day’s loss setting it -12.63%.
Currently trading at $1.95M, the stock is 18.12% and 38.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.26 million and changing 4258784% at the moment leaves the stock 77.30% off its SMA200. GOGO registered 82.82% gain for a year compared to 6-month gain of 100.95%. The firm has a 50-day simple moving average (SMA 50) of $10.6726 and a 200-day simple moving average (SMA200) of $8.34165.
The stock witnessed a 36.69% loss in the last 1 month and extending the period to 3 months gives it a 69.80%, and is 4.52% 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 3.73% over the week and 5.46% over the month.
Gogo Inc (GOGO) has around 790 employees, a market worth around $1.96B and $570.69M in sales. Fwd P/E is 19.90. Profit margin for the company is -0.82%. Distance from 52-week low is 139.71% and -2.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.48%).
The EPS is expected to grow by 353.33% this year.
Gogo Inc (GOGO) Top Institutional Holders
246.0 institutions hold shares in Gogo Inc (GOGO), with institutional investors hold 101.47% of the company’s shares. The shares outstanding are 131.76M, and float is at 72.79M with Short Float at 29.19%. Institutions hold 76.29% of the Float.
The top institutional shareholder in the company is GTCR LLC with over 31.74 million shares valued at $305.33 million. The investor’s holdings represent 24.7391% of the GOGO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.85 million shares valued at $94.73 million to account for 7.6753 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.73 million shares representing 4.4684% and valued at over $55.15 million, while FMR LLC holds 3.8815 of the shares totaling 4.98 million with a market value of $47.9 million.
Gogo Inc (GOGO) Insider Activity
The most recent transaction is an insider sale by Begler Michael, the company’s EVP, COO. SEC filings show that Begler Michael sold 107,136 shares of the company’s common stock on Jun 18 ’25 at a price of $15.00 per share for a total of $1.61 million. Following the sale, the insider now owns 14454.0 shares.
Gogo Inc disclosed in a document filed with the SEC on May 22 ’25 that Silver (Equity) Holdings, LP (Director) sold a total of 8,500,000 shares of the company’s common stock. The trade occurred on May 22 ’25 and was made at $11.00 per share for $93.5 million. Following the transaction, the insider now directly holds 4.17 million shares of the GOGO stock.
