GoPro Earnings Report Expected Soon Amid Insider and Hedge Fund Activity
GoPro ($GPRO) is set to announce its quarterly earnings on May 12th, following the market close, as reported by Finnhub. Analysts project revenue at $127,140,450, with expected earnings per share of -$0.13.
Insider Trading Trends for GoPro
In the last six months, GoPro insiders conducted three trades involving $GPRO Stock. Notably, there were no purchases; all trades were sales.
Here’s a summary of the recent insider trading activity:
- ALEXANDER J LURIE reported two sales totaling 280,388 shares, valued at approximately $359,092.
- DEAN JAHNKE (SVP, Global Sales, CM, RE) sold 6,323 shares for an estimated $5,414.
Institutional Investors and Hedge Fund Activity
During the most recent quarter, 72 institutional investors increased their stakes in GoPro, while 68 reduced their holdings.
Noteworthy moves among these investors include:
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 1,841,983 shares (+132.1%) in Q1 2025, estimated at $1,221,050.
- UBS GROUP AG boosted its holdings by 992,425 shares (+248.5%) in Q4 2024, valued at $1,081,743.
- GSA CAPITAL PARTNERS LLP increased its position by 859,677 shares (+99.5%) in Q1 2025, for around $569,879.
- D. E. SHAW & CO., INC. decreased their position by 683,392 shares (-12.8%) in Q4 2024, valued at about $744,897.
- CUBIST SYSTEMATIC STRATEGIES, LLC completely removed its 646,764 shares (-100.0%) in Q4 2024, totaling $704,972.
- JACOBS LEVY EQUITY MANAGEMENT, INC sold off 609,988 shares (-20.8%) in Q4 2024, worth approximately $664,886.
- BLACKROCK, INC. cut back by 537,457 shares (-4.9%) in Q1 2025, reflecting a value of around $356,280.
This article is not financial advice. Note that there may be inaccuracies due to potential errors in ticker mapping and other discrepancies.
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
