Dimensional Fund Advisors LP held its position in shares of GoPro, Inc. (NASDAQ:GPRO) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 384,639 shares of the company’s stock at the close of the second quarter. Dimensional Fund Advisors LP owned approximately 0.27% of GoPro worth $3,128,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Legal & General Group Plc boosted its holdings in shares of GoPro by 2.3% in the 2nd quarter. Legal & General Group Plc now owns 34,526 shares of the company’s stock valued at $281,000 after buying an additional 763 shares during the period. Nationwide Fund Advisors boosted its holdings in shares of GoPro by 0.8% in the 2nd quarter. Nationwide Fund Advisors now owns 111,160 shares of the company’s stock valued at $904,000 after buying an additional 900 shares during the period. Amalgamated Bank boosted its holdings in shares of GoPro by 14.6% in the 2nd quarter. Amalgamated Bank now owns 14,564 shares of the company’s stock valued at $118,000 after buying an additional 1,858 shares during the period. TIAA CREF Investment Management LLC boosted its holdings in shares of GoPro by 0.9% in the 1st quarter. TIAA CREF Investment Management LLC now owns 274,610 shares of the company’s stock valued at $2,389,000 after buying an additional 2,347 shares during the period. Finally, Metropolitan Life Insurance Co. NY boosted its holdings in shares of GoPro by 4.4% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 71,873 shares of the company’s stock valued at $625,000 after buying an additional 3,061 shares during the period. 22.04% of the stock is owned by institutional investors and hedge funds.

In other GoPro news, CFO Brian Mcgee sold 7,541 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $8.23, for a total transaction of $62,062.43. Following the sale, the chief financial officer now directly owns 79,167 shares in the company, valued at approximately $651,544.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Charles J. Prober sold 24,918 shares of the business’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $11.00, for a total transaction of $274,098.00. Following the sale, the chief operating officer now owns 148,493 shares in the company, valued at $1,633,423. The disclosure for this sale can be found here. Insiders have sold a total of 738,331 shares of company stock valued at $6,876,684 over the last three months. 28.58% of the stock is currently owned by company insiders.

GPRO has been the subject of several research reports. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of GoPro in a report on Friday, August 4th. Zacks Investment Research raised shares of GoPro from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a report on Wednesday, October 4th. Longbow Research raised shares of GoPro from a “neutral” rating to a “buy” rating and lifted their price target for the company from $9.60 to $13.00 in a report on Wednesday, October 18th. They noted that the move was a valuation call. Morgan Stanley raised shares of GoPro from an “underweight” rating to an “equal weight” rating and set a $7.50 price target for the company in a report on Monday, July 31st. They noted that the move was a valuation call. Finally, Cowen Inc reaffirmed a “hold” rating and issued a $8.50 price target on shares of GoPro in a report on Thursday, August 3rd. Six analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $9.68.

GoPro, Inc. (GPRO) opened at $8.58 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.65 and a debt-to-equity ratio of 0.38. GoPro, Inc. has a one year low of $7.14 and a one year high of $11.89.

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GoPro Profile

GoPro, Inc (GoPro) produces cameras and mountable and wearable accessories. 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-based 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.

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Institutional Ownership by Quarter for GoPro (NASDAQ:GPRO)

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