GoPro Inc (NASDAQ:GPRO) VP Eve T. Saltman sold 14,669 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $4.46, for a total transaction of $65,423.74. Following the sale, the vice president now owns 120,388 shares in the company, valued at $536,930.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of NASDAQ GPRO opened at $4.59 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.14 and a current ratio of 1.33. The company has a market cap of $710.48 million, a P/E ratio of -9.98, a P/E/G ratio of 5.76 and a beta of 0.86. GoPro Inc has a 52-week low of $3.25 and a 52-week high of $7.64. The firm’s fifty day moving average is $4.19 and its two-hundred day moving average is $5.06.
GoPro (NASDAQ:GPRO) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.42) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.48) by $0.06. The business had revenue of $131.00 million for the quarter, compared to the consensus estimate of $126.36 million. GoPro had a negative net margin of 7.55% and a negative return on equity of 32.29%. The company’s revenue was down 54.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.04) earnings per share. As a group, analysts forecast that GoPro Inc will post 0.08 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently modified their holdings of the company. Prudential Financial Inc. acquired a new stake in shares of GoPro in the second quarter valued at about $55,000. Honkamp Krueger Financial Services Inc. acquired a new stake in shares of GoPro in the second quarter valued at about $64,000. Fox Run Management L.L.C. acquired a new stake in shares of GoPro in the second quarter valued at about $110,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of GoPro in the second quarter valued at about $132,000. Finally, Versant Capital Management Inc raised its position in shares of GoPro by 21.1% in the second quarter. Versant Capital Management Inc now owns 25,189 shares of the company’s stock valued at $137,000 after buying an additional 4,396 shares during the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.
GoPro Company Profile
GoPro, Inc develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally. The company offers HERO7, a cloud-connected line of camera; 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 Article: Diluted Earnings Per Share
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.