GPRO GoPro, Inc.
Price Chart
Executive Summary
Two C-suite insiders (President/COO McGee and SVP/GC Christopher) sold a combined $146K in open-market sales over a 7-day window ending after GoPro's disastrous Q1 2025 earnings: revenue -26% YoY, GAAP gross margin collapsed to 4.3%, net loss widened to -$0.50/share. The cluster follows a strategic-alternatives review announcement (5/11) and a new office-lease agreement (5/19). At $169M market cap, the $146K sales represent 0.09% of market cap — trivial in size — but the timing and insider seniority warrant attention as the company burns cash and explores a sale.
Key Financial Metrics
Actionable Insight
Insider sales after a 73% GAAP net-loss widening and gross margin collapse to 4.3% reinforce the bearish thesis. Monitor the strategic-alternatives review for a potential sale process — any deal announcement could provide a floor, but insiders selling at $0.97 before the review bears watching. Q2 guidance and cash burn trajectory are the next catalysts.
Key Facts
- Two C-suite insiders sold total $146K in open-market sales: President/COO McGee sold $127K at $0.97, SVP/GC Christopher sold $19K at $1.11
- Sales followed Q1 2026 earnings (May 11): revenue -26% YoY to $99M, GAAP gross margin collapsed from 32.1% to 4.3%, GAAP net loss widened to -$0.50/share
- GoPro announced a strategic-alternatives review on May 11 and signed a 5-year office lease (April 16) for 25,000 sq ft through 2031
- Cluster dollar value ($146K) is only 0.09% of $169M market cap — below the 0.1% materiality threshold, but insider seniority and the post-earnings context amplify the signal
- Historical calibration shows prior high-scoring reports on GPRO had large negative T+20 outcomes; for a score-5 bearish call the observed 31% win rate at T+20 is low but usable given the concrete fundamentals
Financial Impact
Insider sales total $146K, 0.09% of market cap — trivial in dollar proportion; cluster's significance comes from timing after Q1 revenue -26%, GAAP gross margin 4.3%, and a $24.5M charge on component commitments
Risk Factors
- Strategic-alternatives review could lead to a sale at a premium, making insider sales at $0.97 look like a lost opportunity
- New MISSION 1 camera line and defense/aerospace exploration create optionality that could reverse sentiment
- Small cluster size ($146K) may be liquidity-driven rather than information-driven — penalty for misinterpreting routine sales
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GPRO-1779483849194 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $0.7770 awaiting T+1 | awaiting T+1 | — | $0.7670 (+1.29%) |
|
Jun 3, 2026
10d ago
|
EFFECT
| $1.05 $1.00 | ▲ +4.31% | ▲ +4.71% | $0.7670 (+26.60%) |
|
Jun 1, 2026
12d ago
|
S-1/A
| $1.10 $1.15 | ▼ −4.09% | ▼ −3.95% | $0.7670 (+30.27%) |
|
Jun 1, 2026
12d ago
|
8-K
| $1.10 $1.15 | ▼ −4.09% | ▼ −3.95% | $0.7670 (+30.27%) |
|
May 22, 2026
21d ago
|
Insider Cluster
| $1.20 $1.27 | ▼ −5.42% | ▼ −5.46% | $0.7670 (+36.08%) |
|
May 20, 2026
23d ago
|
144
| $0.9900 $1.00 | ▼ −1.01% | ▼ −0.56% | $0.7670 (+22.53%) |
|
Apr 21, 2026
7w ago
|
DEFA14A
| $1.33 $1.29 | ▼ −3.01% | ▼ −2.61% | $0.7670 (−42.33%) |
|
Apr 7, 2026
9w ago
|
8-K
| $0.7700 $0.7400 | ▲ +3.90% | ▲ +4.47% | $0.7670 (+0.39%) |
|
Mar 20, 2026
12w ago
|
S-1
| $0.6650 $0.6520 | ▲ +1.95% | ▲ +1.60% | $0.7670 (−15.34%) |
|
Mar 5, 2026
14w ago
|
8-K
| $0.7600 $0.8030 | ▼ −5.66% | ▼ −4.81% | $0.7670 (−0.92%) |
US Market Status
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