Stock under Consideration: GoPro, Inc. (GPRO)

Postado Novembro 14, 2017

Wedbush reaffirmed their neutral rating on shares of GoPro, Inc.

Analysts await Ralph Lauren Corp (NYSE:RL) to report earnings on February, 1. Cowen and Company reiterated a "hold" rating and issued a $8.50 price target on shares of GoPro in a research report on Thursday, August 3rd. RBC Capital Markets maintained it with "Hold" rating and $7500 target in Thursday, July 6 report.

Taking a broader look at the analyst consensus, according to 9 analysts Gopro Inc Cl A Cmn (NASDAQ:GPRO)'s price will reach at $10.61 during 52 weeks. The company now has an average volume of 6.64 Million. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Its minimum price target estimates has been figured out at $7 while the maximum price target forecast is established at $15.

Analysts await GoPro Inc (NASDAQ:GPRO) to report earnings on February, 1. Stock's twelve month price oscillated between $11.89 and $7.14. This company shares are -0.49% up from its target price of $174.27 and the current market capitalization stands at $57.74B. If you are reading this piece on another site, it was illegally stolen and republished in violation of worldwide trademark & copyright legislation. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & worldwide copyright and trademark law. The stock of GoPro Inc (NASDAQ:GPRO) earned "Neutral" rating by Longbow on Tuesday, June 14.

In other GoPro news, Director Edward A. Gilhuly sold 700,000 shares of GoPro stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $9.30, for a total value of $4,789,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Anthony John Bates sold 25,529 shares of GoPro stock in a transaction on Thursday, September 7th. AQR Capital Management LLC now owns 3,170,390 shares of the company's stock worth $34,272,000 after buying an additional 1,190,470 shares during the last quarter. The disclosure for this sale can be found here. Institutional investors and hedge funds own 28.36% of the company's stock. Contrarius Investment Management Ltd sold 8,342 shares as Ralph Lauren Corp (RL)'s stock declined 11.61%.

Several institutional investors have recently added to or reduced their stakes in the stock. 2017, GoPro, Inc. (GPRO) delivered a 5.09% surprise with its net revenue. The firm owned 126,500 shares of the company's stock after selling 20,100 shares during the period. Finally, Swiss National Bank raised its position in shares of GoPro by 14.5% in the second quarter. Jefferies Group LLC now owns 175,467 shares of the company's stock worth $1,897,000 after buying an additional 109,058 shares during the last quarter. Legal & General Group Plc grew its position in GoPro by 2.3% during the second quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in GoPro by 195.5% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 59,510 shares of the company's stock worth $643,000 after buying an additional 16,914 shares during the last quarter. In order to determine directional movement, the 50-day and 200-day moving averages for GoPro, Inc. The Company's product offerings include HERO5, which is a line of cloud-connected cameras featuring image stabilization, telemetry, cloud connectivity and voice control; GoPro Plus, which is a cloud storage solution that enables subscribers to access, edit and share content; Quik, which is a mobile editing application that creates edits on a smartphone; Capture, which is a mobile application that allows users to preview and play back shots, control their GoPro cameras and share content on the fly using their smartphones; Karma, which is its compact and foldable drone and versatile stabilization solution that includes the Karma controller, and camera stabilizer, and it all fits in a custom backpack, and Karma Grip, which is a handheld, body-mountable camera stabilizer.