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"GoPro Inc. (NASDAQ:GPRO) President Anthony John Bates sold 9,704 shares of the business’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $14.16, for a total value of $137,408.64. Following the sale, the president now owns 398,137 shares of the company’s stock, valued at approximately $5,637,619.92. The […]", www.com-unik.info
"Shares of video chip maker Ambarella (AMBA), which serves adventure camera maker GoPro (GPRO), among others, are down $4.84, almost 7%, at $66.94, despite the company having yesterday delivered fiscal Q2 results above expectations and forecasting revenue this quarter higher as well.The quarter was marked by two main factors, the continued decline of sales of GoPro cameras, and a shortfall in supply of sensors that Ambarella needed from Sony (SNE).The former issue may resolve itself, Street believes, with the release this fall of GoPro’s “Hero5” camera. The Sony sensor issue is expected to be resolved this quarter.Both bull and bear give the company credit for operating well despite those challenges. Both defenders and critics are raising price targets, similar to fellow chip maker Broadcom (AVGO), its shares also down today despite a beat and despite rising price targets.Much of the difference between the two camps pertains to the", blogs.barrons.com
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