A Director at GoPro Inc (NASDAQ: GPRO) is Selling Shares

On Friday, a Director at GoPro Inc (NASDAQ: GPRO), Edward Gilhuly, sold shares of GPRO for $6.14M.

In addition to Gilhuly, one other GPRO executives reported Sell trades in the last month.

Based on GoPro`s latest earnings report from June 30, the company posted quarterly revenue of $419.9M and quarterly net profit of $35.03M. In comparison, last year the company earned revenue of $244.6M and had a GAAP net loss of $19.84M. The company has a one year high of $98.47 and a one year low of $37.13. GPRO’s market cap is $6.1B and the company has a P/E ratio of 47.9%.

Based on 14 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $70.09, reflecting a -10.0% downside.

Looking at blogger coverage of GPRO, there is a 52% Bearish tendency on the stock, in relation to a 71% average bullish tendency within the Consumer Goods sector.

Over the last 3 months, the insider sentiment on GoPro has been neutral based on 23 corporate insider transactions. This sentiment is slightly lower than the average sector sentiment of insiders.

GoPro Inc develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. It produces mountable and wearable cameras and accessories.