GoPro (GPRO) : On Tuesday, The money flowed into the GoPro (GPRO) stock with an uptick to downtick ratio was recorded at 1.2. Transactions worth $5.2 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $4.35 million. The total money flow into the stock was $0.85 million. The block trades reveal a bullish bias with an up-down ratio of 2.9. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.52 million of block transactions on upticks. The value of block trades on downticks was $0.52 million, indicating lower selling interest. The total money flow in block trades was $1 million. In terms of price action, GoPro (GPRO) traded down $0.17 during the session at $12.26. Compared to the previous days closing, the stock was down only by -1.37%. For the week, the stock is 11.76%, over previous weeks closing.
The company Insiders own 28.69% of GoPro shares according to the proxy statements. Institutional Investors own 24.73% of GoPro shares. During last six month period, the net percent change held by insiders has seen a change of -4.42%. In an insider trading activity, The director officer (President), of Gopro, Inc., Bates Anthony John had unloaded 9,704 shares at $10.79 per share in a transaction on June 6, 2016. The total value of transaction was $104,706. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Shares of GoPro, Inc. rose by 17% in the last five trading days and 21.44% for the last 4 weeks. GoPro, Inc. is up 6.68% in the last 3-month period. Year-to-Date the stock performance stands at -30.82%.
GoPro (NASDAQ:GPRO): stock turned positive on Tuesday. Though the stock opened at $12.53, the bulls momentum made the stock top out at $12.65 level for the day. The stock recorded a low of $12.19 and closed the trading day at $12.46, in the green by 0.24%. The total traded volume for the day was 7,082,649. The stock had closed at $12.43 in the previous days trading.
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.