Groupon, Inc. (NASDAQ:GRPN) CAO Brian Stevens sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $4.04, for a total transaction of $40,400.00. Following the transaction, the chief accounting officer now owns 215,696 shares of the company’s stock, valued at approximately $871,411.84. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Brian Stevens also recently made the following trade(s):

  • On Tuesday, May 30th, Brian Stevens sold 10,000 shares of Groupon stock. The shares were sold at an average price of $3.15, for a total transaction of $31,500.00.

Groupon, Inc. (NASDAQ:GRPN) traded down 0.25% during trading on Friday, reaching $4.07. The company had a trading volume of 3,621,510 shares. The company has a 50 day moving average price of $3.92 and a 200 day moving average price of $3.76. The company’s market capitalization is $2.26 billion. Groupon, Inc. has a 52-week low of $2.90 and a 52-week high of $5.55.

Groupon (NASDAQ:GRPN) last posted its earnings results on Wednesday, August 2nd. The coupon company reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.06. Groupon had a negative return on equity of 13.08% and a negative net margin of 4.16%. The company had revenue of $662.60 million for the quarter, compared to analyst estimates of $668.84 million. During the same quarter last year, the company earned ($0.01) earnings per share. The company’s revenue for the quarter was down 8.5% on a year-over-year basis. On average, equities analysts forecast that Groupon, Inc. will post $0.12 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. bought a new position in Groupon during the second quarter worth $116,000. Raymond James Financial Services Advisors Inc. raised its position in Groupon by 14.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 58,487 shares of the coupon company’s stock worth $225,000 after buying an additional 7,407 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Groupon by 1,570.4% in the second quarter. The Manufacturers Life Insurance Company now owns 271,342 shares of the coupon company’s stock worth $1,042,000 after buying an additional 255,098 shares in the last quarter. State Street Corp raised its position in Groupon by 38.2% in the second quarter. State Street Corp now owns 8,827,043 shares of the coupon company’s stock worth $33,898,000 after buying an additional 2,440,783 shares in the last quarter. Finally, Ulysses Management LLC bought a new position in Groupon during the second quarter worth $5,760,000. Institutional investors own 57.64% of the company’s stock.

Several equities analysts have recently weighed in on the stock. UBS AG reduced their price objective on shares of Groupon from $3.65 to $2.85 and set a “sell” rating for the company in a research report on Wednesday, May 31st. B. Riley upgraded shares of Groupon to a “buy” rating and set a $5.50 price objective for the company in a research report on Tuesday, July 4th. BidaskClub upgraded shares of Groupon from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Barclays PLC restated an “underweight” rating and set a $3.85 price objective (up previously from $3.40) on shares of Groupon in a research report on Wednesday, August 9th. Finally, Wedbush restated a “positive” rating and set a $4.08 price objective (down previously from $4.50) on shares of Groupon in a research report on Wednesday. Six investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Groupon has a consensus rating of “Hold” and an average target price of $4.57.

Groupon Company Profile

Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).

Insider Buying and Selling by Quarter for Groupon (NASDAQ:GRPN)

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