Investors Buy High Volume of GoPro Call Options (NASDAQ:GPRO)

GoPro, Inc. (NASDAQ:GPRO) was the recipient of unusually large options trading on Monday. Traders purchased 8,016 call options on the stock. This represents an increase of approximately 53% compared to the typical daily volume of 5,233 call options.

Wall Street Analyst Weigh In

Several research firms have issued reports on GPRO. Weiss Ratings upgraded GoPro from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Wall Street Zen upgraded GoPro from a “strong sell” rating to a “hold” rating in a report on Sunday, March 15th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, GoPro presently has an average rating of “Sell” and a consensus target price of $0.75.

Hedge Funds Weigh In On GoPro

A number of large investors have recently made changes to their positions in the business. Jefferies Financial Group Inc. increased its holdings in shares of GoPro by 88.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 23,794 shares of the company’s stock valued at $34,000 after purchasing an additional 11,194 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in GoPro by 1,295,800.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 12,959 shares of the company’s stock worth $27,000 after buying an additional 12,958 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new position in GoPro in the third quarter worth approximately $28,000. R Squared Ltd increased its holdings in GoPro by 29.7% in the fourth quarter. R Squared Ltd now owns 64,954 shares of the company’s stock worth $92,000 after buying an additional 14,859 shares during the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in GoPro in the third quarter worth approximately $32,000. Institutional investors and hedge funds own 70.09% of the company’s stock.

GoPro Stock Down 4.7%

Shares of GPRO traded down $0.07 during trading hours on Monday, reaching $1.31. The company’s stock had a trading volume of 2,885,565 shares, compared to its average volume of 5,656,386. The firm has a market cap of $214.23 million, a price-to-earnings ratio of -2.21 and a beta of 2.46. GoPro has a 1-year low of $0.54 and a 1-year high of $3.05. The company has a quick ratio of 0.63, a current ratio of 0.91 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average of $0.95 and a two-hundred day moving average of $1.30.

GoPro (NASDAQ:GPRO) last issued its earnings results on Thursday, March 5th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). The business had revenue of $201.67 million during the quarter, compared to analyst estimates of $244.69 million. GoPro had a negative net margin of 14.35% and a negative return on equity of 72.66%. GoPro has set its Q1 2026 guidance at -0.230–0.170 EPS. As a group, research analysts predict that GoPro will post -0.04 EPS for the current fiscal year.

GoPro Company Profile

GoPro, Inc (NASDAQ: GPRO) is an American technology company specializing in the design and manufacture of compact, high-definition cameras and related accessories. Headquartered in San Mateo, California, GoPro’s product lineup is centered on its flagship HERO series of action cameras, which combine rugged construction, waterproof housings and advanced imaging capabilities. In addition to the HERO line, the company offers the MAX camera for 360-degree video capture, along with an array of mounts, grips and protective cases to support use in extreme sports, travel and professional video production.

Since its founding in 2002 by Nicholas Woodman, who continues to serve as chief executive officer, GoPro has expanded beyond hardware into software and cloud-based services.