1 week Ago By Defense World Staff
Prudential Financial Inc. reduced its stake in shares of GoPro, Inc. ( NASDAQ:GPRO – Free Report ) by 31.
8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 359,305 shares of the company’s stock after selling 167,700 shares during the period. Prudential Financial Inc.
owned approximately 0.23% of GoPro worth $392,000 as of its most recent filing with the SEC. A number of other institutional investors have also recently bought and sold shares of GPRO.
R Squared Ltd acquired a new stake in shares of GoPro during the fourth quarter worth $27,000. Picton Mahoney Asset Management raised its stake in shares of GoPro by 77.4% in the 4th quarter.
Picton Mahoney Asset Management now owns 27,908 shares of the company’s stock valued at $30,000 after purchasing an additional 12,172 shares during the period. Intech Investment Management LLC lifted its holdings in shares of GoPro by 123.3% in the fourth quarter.
Intech Investment Management LLC now owns 57,924 shares of the company’s stock valued at $63,000 after purchasing an additional 31,985 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of GoPro during the fourth quarter worth about $105,000. Finally, SG Americas Securities LLC boosted its position in shares of GoPro by 10.
5% during the fourth quarter. SG Americas Securities LLC now owns 127,323 shares of the company’s stock worth $139,000 after buying an additional 12,147 shares during the period. Institutional investors own 70.
09% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities analysts have weighed in on the company. StockNews.
com downgraded GoPro from a “hold” rating to a “sell” rating in a research report on Monday. Wedbush restated a “neutral” rating and set a $1.50 target price on shares of GoPro in a report on Friday, January 31st.
GoPro Price Performance NASDAQ:GPRO opened at $0.49 on Thursday. GoPro, Inc.
has a 52-week low of $0.40 and a 52-week high of $2.02.
The company has a market cap of $77.11 million, a P/E ratio of -0.17 and a beta of 1.
54. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.
87 and a current ratio of 1.32. The stock’s 50-day simple moving average is $0.
74 and its 200 day simple moving average is $1.06. GoPro ( NASDAQ:GPRO – Get Free Report ) last posted its quarterly earnings results on Thursday, February 6th.
The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.
12). GoPro had a negative return on equity of 55.77% and a negative net margin of 53.
94%. As a group, sell-side analysts forecast that GoPro, Inc. will post -0.
25 EPS for the current fiscal year. GoPro Profile ( 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.
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