Barclays PLC Boosts Holdings in GoPro, Inc. (NASDAQ:GPRO)

Barclays PLC boosted its position in shares of GoPro, Inc. (NASDAQ:GPRO) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 628,791 shares of the company’s stock after buying an additional 24,044 shares during the quarter. Barclays PLC owned 0.41% of GoPro worth $855,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of GPRO. Jane Street Group LLC boosted its stake in shares of GoPro by 63.4% during the third quarter. Jane Street Group LLC now owns 493,421 shares of the company’s stock valued at $671,000 after purchasing an additional 191,487 shares during the period. State Street Corp boosted its stake in shares of GoPro by 0.5% during the third quarter. State Street Corp now owns 2,533,952 shares of the company’s stock valued at $3,446,000 after purchasing an additional 11,454 shares during the period. Prentice Capital Management LP boosted its stake in shares of GoPro by 430.4% during the third quarter. Prentice Capital Management LP now owns 75,362 shares of the company’s stock valued at $102,000 after purchasing an additional 61,154 shares during the period. Intech Investment Management LLC purchased a new stake in shares of GoPro during the third quarter valued at $35,000. Finally, RIA Advisory Group LLC purchased a new stake in shares of GoPro during the third quarter valued at $27,000. 70.09% of the stock is owned by hedge funds and other institutional investors.

GoPro Stock Up 1.0 %

Shares of GPRO opened at $1.06 on Thursday. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average price of $1.20 and a 200-day moving average price of $1.31. The firm has a market capitalization of $164.05 million, a P/E ratio of -0.40 and a beta of 1.53. GoPro, Inc. has a 12-month low of $1.03 and a 12-month high of $3.40.

Wall Street Analysts Forecast Growth

Separately, Wedbush reissued a “neutral” rating and set a $1.50 target price on shares of GoPro in a research note on Wednesday, November 6th.

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.