Savant Capital LLC Boosts Stock Position in GoPro, Inc. $GPRO

Savant Capital LLC raised its holdings in GoPro, Inc. (NASDAQ:GPRO) by 213.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 204,991 shares of the company’s stock after acquiring an additional 139,511 shares during the quarter. Savant Capital LLC owned approximately 0.13% of GoPro worth $155,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in shares of GoPro by 5.8% in the first quarter. Bank of New York Mellon Corp now owns 376,700 shares of the company’s stock worth $250,000 after purchasing an additional 20,575 shares during the last quarter. Cerity Partners LLC purchased a new stake in GoPro in the 1st quarter valued at about $80,000. CWM LLC boosted its position in GoPro by 2,346.3% in the 1st quarter. CWM LLC now owns 108,541 shares of the company’s stock valued at $72,000 after buying an additional 104,104 shares during the period. GSA Capital Partners LLP grew its stake in GoPro by 99.5% in the 1st quarter. GSA Capital Partners LLP now owns 1,723,421 shares of the company’s stock worth $1,142,000 after acquiring an additional 859,677 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of GoPro by 132.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,236,823 shares of the company’s stock worth $2,146,000 after acquiring an additional 1,841,983 shares during the period. 70.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

GPRO has been the subject of a number of research reports. Morgan Stanley reiterated an “underweight” rating on shares of GoPro in a report on Tuesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of GoPro in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of GoPro from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Sell” and an average target price of $0.75.

Insiders Place Their Bets

In other news, VP Jason Christopher Stephen sold 26,011 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $1.52, for a total value of $39,536.72. Following the transaction, the vice president directly owned 143,714 shares of the company’s stock, valued at approximately $218,445.28. This represents a 15.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder William George Brumder sold 12,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $2.49, for a total value of $29,880.00. Following the completion of the transaction, the insider owned 10,838,000 shares of the company’s stock, valued at approximately $26,986,620. The trade was a 0.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 18.38% of the company’s stock.

GoPro Stock Down 5.2%

NASDAQ:GPRO opened at $1.45 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.72 and a debt-to-equity ratio of 0.55. GoPro, Inc. has a twelve month low of $0.40 and a twelve month high of $3.05. The company has a market cap of $231.61 million, a PE ratio of -1.88 and a beta of 1.72. The company’s 50 day moving average is $2.05 and its two-hundred day moving average is $1.38.

GoPro (NASDAQ:GPRO) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.06). GoPro had a negative return on equity of 71.67% and a negative net margin of 18.68%.The company had revenue of $162.92 million during the quarter, compared to analysts’ expectations of $211.18 million. GoPro has set its Q4 2025 guidance at 0.010-0.050 EPS. Analysts anticipate that GoPro, Inc. will post -0.25 EPS for the current year.

GoPro Company Profile

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.