Quadrant Capital Management Boosted Its Check Point Software Technolog (CHKP) Position; GoPro Has 0.6 Sentiment

June 19, 2017 - By Michael Collier

Quadrant Capital Management Llc increased Check Point Software Technolog (CHKP) stake by 33.07% reported in 2016Q4 SEC filing. Quadrant Capital Management Llc acquired 8,597 shares as Check Point Software Technolog (CHKP)’s stock rose 7.13%. The Quadrant Capital Management Llc holds 34,590 shares with $2.92 million value, up from 25,993 last quarter. Check Point Software Technolog now has $18.49 billion valuation. The stock rose 1.45% or $1.6 reaching $111.6 per share. About 92,935 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has risen 31.64% since June 19, 2016 and is uptrending. It has outperformed by 14.94% the S&P500.

GoPro, Inc. produces cameras and mountable and wearable accessories. The company has market cap of $1.07 billion. The Company’s product offerings include HERO5, which is a line of cloud-connected cameras featuring image stabilization, telemetry, cloud connectivity and voice control; GoPro Plus, which is a cloud storage solution that enables subscribers to access, edit and share content; Quik, which is a mobile editing application that creates edits on a smartphone; Capture, which is a mobile application that allows users to preview and play back shots, control their GoPro cameras and share content on the fly using their smartphones; Karma, which is its compact and foldable drone and versatile stabilization solution that includes the Karma controller, and camera stabilizer, and it all fits in a custom backpack, and Karma Grip, which is a handheld, body-mountable camera stabilizer. It currently has negative earnings.

Ratings analysis reveals 33% of GoPro’s analysts are positive. Out of 6 Wall Street analysts rating GoPro, 2 give it “Buy”, 3 “Sell” rating, while 1 recommend “Hold”. The lowest target is $6.0 while the high is $19.0. The stock’s average target of $12.13 is 57.53% above today’s ($7.7) share price. GPRO was included in 6 notes of analysts from September 16, 2016. Dougherty & Company downgraded the shares of GPRO in report on Wednesday, November 9 to “Sell” rating. The rating was downgraded by Longbow to “Underperform” on Friday, January 6. The company was downgraded on Friday, February 3 by Robert W. Baird. Wedbush maintained GoPro Inc (NASDAQ:GPRO) on Tuesday, September 20 with “Outperform” rating. The stock has “Mkt Perform” rating by Raymond James on Wednesday, November 9. Bank of America initiated GoPro Inc (NASDAQ:GPRO) on Friday, September 16 with “Buy” rating.

Analysts await GoPro Inc (NASDAQ:GPRO) to report earnings on July, 26. They expect $-0.35 EPS, up 45.31% or $0.29 from last year’s $-0.64 per share. After $-0.53 actual EPS reported by GoPro Inc for the previous quarter, Wall Street now forecasts -33.96% EPS growth.

About 544,615 shares traded. GoPro Inc (GPRO) has declined 3.73% since June 19, 2016 and is downtrending. It has underperformed by 20.43% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: