Traders Purchase High Volume of GoPro Call Options (NASDAQ:GPRO)

GoPro, Inc. (NASDAQ:GPRO) saw some unusual options trading activity on Tuesday. Stock investors bought 11,054 call options on the stock. This is an increase of approximately 343% compared to the typical volume of 2,495 call options.

GoPro Price Performance

Shares of GoPro stock opened at $0.88 on Wednesday. GoPro has a 52-week low of $0.48 and a 52-week high of $3.05. The stock has a market capitalization of $144.38 million, a price-to-earnings ratio of -1.49 and a beta of 1.65. The company has a fifty day moving average of $0.81 and a 200-day moving average of $1.38. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.63 and a current ratio of 0.91.

GoPro (NASDAQ:GPRO) last announced its quarterly earnings data on Thursday, March 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). GoPro had a negative net margin of 14.35% and a negative return on equity of 72.66%. The business had revenue of $201.67 million during the quarter, compared to analysts’ expectations of $244.69 million. GoPro has set its Q1 2026 guidance at -0.230–0.170 EPS. Equities research analysts expect that GoPro will post -0.25 EPS for the current year.

Institutional Investors Weigh In On GoPro

Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its stake in shares of GoPro by 1,295,800.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 12,959 shares of the company’s stock valued at $27,000 after purchasing an additional 12,958 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of GoPro in the 3rd quarter worth about $27,000. Jump Financial LLC bought a new position in shares of GoPro in the 2nd quarter worth about $25,000. Captrust Financial Advisors increased its stake in shares of GoPro by 89.6% in the 2nd quarter. Captrust Financial Advisors now owns 33,041 shares of the company’s stock worth $25,000 after acquiring an additional 15,618 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of GoPro by 168.6% in the 4th quarter. UBS Group AG now owns 3,781,516 shares of the company’s stock worth $5,332,000 after acquiring an additional 2,373,901 shares in the last quarter. Institutional investors own 70.09% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on GPRO. Weiss Ratings reissued a “sell (d-)” rating on shares of GoPro in a research note on Thursday, January 22nd. Wall Street Zen raised shares of GoPro from a “strong sell” rating to a “hold” rating in a research note on Sunday, March 15th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, GoPro currently has an average rating of “Sell” and a consensus price target of $0.75.

About GoPro

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.