Y Intercept Hong Kong Ltd Makes New $90,000 Investment in GoPro, Inc. $GPRO

Y Intercept Hong Kong Ltd purchased a new position in shares of GoPro, Inc. (NASDAQ:GPRO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 118,730 shares of the company’s stock, valued at approximately $90,000.

Several other institutional investors and hedge funds have also modified their holdings of GPRO. R Squared Ltd lifted its stake in GoPro by 146.6% in the second quarter. R Squared Ltd now owns 80,898 shares of the company’s stock valued at $61,000 after buying an additional 48,098 shares in the last quarter. Allianz Asset Management GmbH bought a new stake in shares of GoPro in the second quarter worth $474,000. CWM LLC lifted its position in shares of GoPro by 26.7% in the second quarter. CWM LLC now owns 137,493 shares of the company’s stock worth $104,000 after purchasing an additional 28,952 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in GoPro by 6.1% during the first quarter. Goldman Sachs Group Inc. now owns 1,578,385 shares of the company’s stock worth $1,046,000 after purchasing an additional 91,283 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in GoPro by 957.3% in the first quarter. AQR Capital Management LLC now owns 3,687,711 shares of the company’s stock valued at $2,445,000 after purchasing an additional 3,338,941 shares in the last quarter. 70.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GPRO. Wall Street Zen upgraded shares of GoPro from a “sell” rating to a “hold” rating in a research note on Friday, September 5th. Morgan Stanley reissued an “underweight” rating on shares of GoPro in a research report on Tuesday, August 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of GoPro in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, GoPro has an average rating of “Sell” and an average price target of $0.75.

Insider Transactions at GoPro

In related news, major shareholder William George Brumder sold 12,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $2.49, for a total transaction of $29,880.00. Following the completion of the sale, the insider directly owned 10,838,000 shares in the company, valued at $26,986,620. This represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Brian Mcgee sold 150,043 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $1.24, for a total transaction of $186,053.32. Following the sale, the executive vice president directly owned 779,974 shares of the company’s stock, valued at $967,167.76. The trade was a 16.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 18.38% of the company’s stock.

GoPro Price Performance

GPRO opened at $1.53 on Monday. The company has a fifty day moving average price of $2.06 and a 200-day moving average price of $1.33. The firm has a market capitalization of $242.02 million, a P/E ratio of -1.99 and a beta of 1.72. GoPro, Inc. has a one year low of $0.40 and a one year high of $3.05.

GoPro (NASDAQ:GPRO) last announced its earnings results on Thursday, November 6th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.06). GoPro had a negative net margin of 18.68% and a negative return on equity of 65.78%. The company had revenue of $162.92 million for the quarter, compared to the consensus estimate of $211.18 million. GoPro has set its Q4 2025 guidance at 0.010-0.050 EPS. On average, analysts expect that GoPro, Inc. will post -0.25 earnings per share for the current year.

About GoPro

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.