Shares of GoPro (NASDAQ:GPRO) Sees Large Inflow of Net Money Flow

GoPro (NASDAQ:GPRO) had a weak trading session and its shares were last down at $10.16, down -0.1% or -0.97 points. The trading data also revealed that the total net flow stood at $0.61 million as the shares had $2.79 million in upticks but lost $2.18 million in downticks. The up/down ratio was 1.28. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -5.22% in the shares.The block trade data suggests an inflow of $1.81 million in upticks and an outflow of $1.15 million in downticks. The up/down ratio for the block stood at 1.57. The net money flow for this transaction was recorded at $0.66.


Currently the company Insiders own 28.69% of GoPro shares according to the proxy statements. Institutional Investors own 24.71% of GoPro shares. During last six month period, the net percent change held by insiders has seen a change of -4.42%. On the companys insider trading activities,The director officer (President) of Gopro, Inc., Bates Anthony John sold 9,704 shares at $10.79 on June 6, 2016. The Insider selling transaction had a total value worth of $104,706. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

GoPro (NASDAQ:GPRO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.29 points or 2.83% at $9.97 with 4,395,228 shares getting traded. Post opening the session at $9.91, the shares hit an intraday low of $9.85 and an intraday high of $10.3 and the price was in this range throughout the day. The company has a market cap of $1,378 million and the number of outstanding shares have been calculated to be 138,167,460 shares. The 52-week high of GoPro (NASDAQ:GPRO) is $65.49 and the 52-week low is $8.62.

GoPro, Inc. produces mountable and wearable cameras and accessories, which the Company refers to as capture devices. Additionally, the Company develops and provides desktop editing software and mobile applications for free to consumers. The Company offers HERO line of capture devices, which include HERO2, HERO3 camera, the HERO3+ camera and the HERO4 and HERO. The Company also provides a selection of mounts designed to enable consumers to capture content while engaged in a range of activities. This includes equipment-based mounts, such as the helmet, handlebar, roll bar, as well as grip and tripod mounts. The Company also offers two software applications: GoPro Studio and GoPro App. GoPro Studio is a video editing tool that allows users to create videos from their GoPro content. The GoPro App allows users to control their GoPro cameras remotely using a smartphone or tablet. Its capture devices are sold through retailers, wholesale distributors and on the Companys Website.

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