Llp Just Reported Giant Gopro Inc Stake
http://www.octafinance.com/...lp-just-reported-giant-gopro-inc-stake/
Wellington Management Group Llp New Position in GoPro Inc (NASDAQ:GPRO)
Wellington Management Group Llp has filled a SC 13G/A form regarding Gopro, Inc 44.28 -0.97 -2.14%. Per Wellington Management Group Llp’s filling, the filler now owns 12% of the company, holding 7,139,237 shares.
GoPro Inc (NASDAQ:GPRO) is a newly disclosed equity position for this institutional investor and the filling was required due to activity on March 31, 2015. This most probably shows Wellington Management Group Llp’s confidence and optimism in the future of the company. As a institutional investor with $826.00 billion AUM and 1540+ professional employees, we have no reason to doubt they didn’t do their homework before buying such a stake. |