Los Angeles Capital Management LLC Buys Shares of 28,420 Groupon, Inc. $GRPN

Los Angeles Capital Management LLC bought a new stake in Groupon, Inc. (NASDAQ:GRPN) during the 2nd quarter, Holdings Channel reports. The fund bought 28,420 shares of the coupon company’s stock, valued at approximately $951,000.

Several other institutional investors also recently modified their holdings of the business. USA Financial Formulas acquired a new position in Groupon in the second quarter valued at approximately $57,000. AlphaQuest LLC grew its holdings in Groupon by 383.5% during the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company’s stock worth $70,000 after acquiring an additional 2,949 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of Groupon during the 2nd quarter valued at $177,000. AQR Capital Management LLC acquired a new position in shares of Groupon in the 1st quarter valued at $224,000. Finally, Bank of Montreal Can acquired a new position in shares of Groupon in the 2nd quarter valued at $237,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Groupon Trading Down 2.5%

NASDAQ GRPN opened at $18.51 on Friday. Groupon, Inc. has a one year low of $7.86 and a one year high of $43.08. The company has a debt-to-equity ratio of 4.16, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market cap of $748.29 million, a P/E ratio of -77.12 and a beta of 0.48. The stock’s 50-day moving average is $21.43 and its 200-day moving average is $26.92.

Groupon (NASDAQ:GRPN) last posted its earnings results on Thursday, November 6th. The coupon company reported ($2.92) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($2.93). The business had revenue of $122.83 million for the quarter, compared to the consensus estimate of $121.99 million. Groupon had a negative return on equity of 19.61% and a negative net margin of 1.89%. Groupon has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that Groupon, Inc. will post -0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on GRPN. UBS Group assumed coverage on Groupon in a research note on Thursday, August 7th. They set a “mixed” rating for the company. Zacks Research lowered Groupon from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Groupon in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Groupon from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Northland Securities boosted their price objective on shares of Groupon from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Monday, August 11th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $29.80.

Groupon Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.