Economy

GoPro, Inc. (NASDAQ:GPRO) Signals Intraday Volatility - Up $0.08

It is predicted to add 10% on day 1 and jump 12% on day 7 after the company reports upcoming earnings. In the past 3-month period alone, shares of GPRO have appreciated - or. During the past three months the stock gain 1.68%, bringing six months performance to -6.92%.

GoPro, Inc.in recent headlines. Summit Global Investments purchased a new stake in shares of GoPro during the fourth quarter valued at about $174,000.

As of quarter end Engineers Gate Manager Lp had acquired a total of 180,088 shares growing its stake by 1,324.2%.

For the Current Quarter, the growth estimate for GoPro, Inc.is 100%, while for the Next Quarter the stock growth estimate is 93.1%. Nomura Holdings Inc. now owns 13,769 shares of the company's stock worth $112,000 after purchasing an additional 704 shares during the last quarter. Melvin Capital Management Lp downsized its ownership by selling 1,000,000 shares a decrease of 66.7% in the quarter.

Hedge funds and other institutional investors have recently modified their holdings of the stock. On July 31 the company was rated "Equal-Weight" according to a Morgan Stanley report which was a boost from the previous "Underweight" rating. Finally, Zacks Investment Research lowered shares of GoPro from a buy rating to a hold rating in a research report on Tuesday, May 16th. Citigroup Inc. reiterated a "neutral" rating and set a $10.50 price target on shares of GoPro in a report on Friday, September 8th. Wedbush reissued a "hold" rating and issued a $9.00 price target on shares of GoPro in a report on Thursday, June 1st. Vetr lowered shares of GoPro from a "strong-buy" rating to a "buy" rating and set a $8.98 target price for the company.in a research note on Wednesday, June 28th. The value of the investment in GPRO went from $580,000 to $600,000 a change of 3.4% quarter over quarter. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The insider, PROBER CHARLES J., now holds 123,575 shares of GPRO.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $1.84 on the stock, this valuation is based on 5 number of opinions. Amalgamated Bank now owns 14,564 shares of the company's stock worth $118,000 after purchasing an additional 1,858 shares in the last quarter. The disclosure for this sale can be found here. In the past year there have been a total of 37 insider trades, including 15 open market buys and 22 sells.

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GoPro, Inc (GoPro) produces cameras and mountable and wearable accessories. "(NASDAQ:GPRO)" was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. The firm has a 50-day moving average price of $8.64 and a 200 day moving average price of $10.67. The firm's market capitalization is $1.56 billion. GoPro has a 12 month low of $7.14 and a 12 month high of $17.68. BidaskClub raised shares of GoPro from a strong sell rating to a sell rating in a research note on Thursday, August 3rd. The company reported the earnings of $-0.09/Share in the last quarter where the estimated EPS by analysts was $-0.25/share. GoPro had a negative return on equity of 44.14% and a negative net margin of 35.35%. The business had revenue of $296.52 million during the quarter, compared to analyst estimates of $268.94 million. During the same period in the previous year, the company earned ($0.52) earnings per share.

While looking at the Stock's Performance, GoPro, Inc. now shows a Weekly Performance of 4.92%, where Monthly Performance is 26.07%, Quarterly performance is 41.4%, 6 Months performance is 34.31% and yearly performance percentage is -31.97%.



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