The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. GoPro Inc shares valued at $5,414 were sold by Jahnke Dean on Feb 19 ’25. At $0.86 per share, Jahnke Dean sold 6,323 shares. The insider’s holdings dropped to 355,529 shares worth approximately $0.27 million following the completion of this transaction.
Also, DEAN JAHNKE purchased 6,323 shares, netting a total of over 5,414 in proceeds.
Before that, Lurie Alexander J had sold 219,120 shares from its account. In a trade valued at $276,288, the Director traded GoPro Inc shares for $1.26 each. Upon closing the transaction, the insider’s holdings decreased to 219,120 shares, worth approximately $0.0.
As published in a research note from Wedbush on February 08, 2024, GoPro Inc [GPRO] has been rated down from an Outperform to a Neutral and the price target has been revised to $2. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of November 04, 2022, Oppenheimer has decreased its “an Outperform” rating to a “Perform” for GPRO. Earlier on November 04, 2022, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for GPRO stock which previously was a “an Overweight”.
Analyzing GPRO Stock Performance
During the last five days, there has been a drop of approximately -7.89%. Over the course of the year, GoPro Inc shares have dropped approximately -30.28%. Shares of the company reached a 52-week high of $1.1850 on 01/06/25 and a 52-week low of $0.7502 on 02/27/25. A 50-day SMA is recorded $1.0042, while a 200-day SMA reached $1.2859.
Support And Resistance Levels for GoPro Inc (GPRO)
According to the 24-hour chart, there is a support level at 0.7443, which, if violated, would cause prices to drop to 0.7287. In the upper region, resistance lies at 0.7815. The next price resistance is at 0.8031. RSI (Relative Strength Index) is 34.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0443, which suggests the price will decrease in the coming days. Percent R is at 94.84%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
