Stock Traders Purchase Large Volume of Put Options on GoPro (NASDAQ:GPRO)

Posted by Stanley Muller on Nov 10th, 2026

GoPro, Inc. (NASDAQ:GPRO – Get Free Report) saw unusually large options trading activity on Tuesday. Traders acquired 37,018 put options on the company. This is an increase of approximately 63% compared to the average volume of 22,666 put options.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wall Street Zen raised shares of GoPro from a “strong sell” rating to a “sell” rating in a research note on Sunday, August 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of GoPro in a research note on Friday, October 16th. Finally, Zacks Research upgraded GoPro from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, GoPro presently has an average rating of “Reduce”.

View Our Latest Stock Analysis on GoPro

Institutional Investors Weigh In On GoPro

A number of institutional investors have recently made changes to their positions in GPRO. Voya Investment Management LLC bought a new stake in shares of GoPro during the 3rd quarter valued at about $34,000. Russell Investments Group Ltd. lifted its stake in GoPro by 575.3% in the third quarter. Russell Investments Group Ltd. now owns 872,143 shares of the company’s stock valued at $1,125,000 after buying an additional 742,999 shares during the last quarter. Lido Advisors LLC bought a new stake in GoPro in the third quarter valued at $36,000. StoneX Group Inc. acquired a new position in shares of GoPro during the third quarter valued at $52,000. Finally, OMERS ADMINISTRATION Corp boosted its holdings in shares of GoPro by 59.4% during the first quarter. OMERS ADMINISTRATION Corp now owns 265,800 shares of the company’s stock valued at $205,000 after acquiring an additional 99,100 shares during the period. 70.09% of the stock is currently owned by institutional investors.

GoPro Trading Down 3.5%

NASDAQ GPRO traded down $0.03 during mid-day trading on Tuesday, reaching $0.85. 2,873,453 shares of the company’s stock traded hands, compared to its average volume of 14,412,994. The company has a market cap of $156.82 million, a price-to-earnings ratio of -0.86 and a beta of 2.57. The company has a fifty day simple moving average of $1.20 and a 200-day simple moving average of $0.97. GoPro has a 1-year low of $0.57 and a 1-year high of $2.05.

GoPro (NASDAQ:GPRO – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.23). GoPro had a negative return on equity of 381.63% and a negative net margin of 28.52%. The firm had revenue of $104.93 million during the quarter, compared to analyst estimates of $151.47 million. Equities research analysts forecast that GoPro will post -0.81 earnings per share for the current fiscal year.

GoPro Company Profile

(Get Free Report)

GoPro, Inc. develops and sells cameras, accessories and software designed to help consumers and professionals capture and share photos and video, particularly in action, travel, sports and outdoor settings. Its product portfolio includes compact HERO cameras, the MAX 360-degree camera and related mounts, grips, cases, lighting products and other accessories. The company also provides subscription-based services that complement its hardware, including cloud storage, automatic media backup, editing tools, premium features and other benefits.