Groupon, Inc. (GRPN) Insider James Sullivan Sells 25,000 Shares

Groupon, Inc. (NASDAQ:GRPN) insider James Sullivan sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $5.29, for a total value of $132,250.00. Following the transaction, the insider now owns 350,919 shares in the company, valued at $1,856,361.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

James Sullivan also recently made the following trade(s):

  • On Thursday, September 28th, James Sullivan sold 25,000 shares of Groupon stock. The shares were sold at an average price of $4.90, for a total value of $122,500.00.

Groupon, Inc. (GRPN) traded up $0.03 during trading hours on Friday, reaching $5.47. The company’s stock had a trading volume of 8,076,152 shares, compared to its average volume of 8,718,025. Groupon, Inc. has a 12-month low of $2.90 and a 12-month high of $5.67. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.86 and a current ratio of 0.86.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings data on Wednesday, November 1st. The coupon company reported $0.01 earnings per share (EPS) for the quarter. Groupon had a negative return on equity of 1.47% and a negative net margin of 2.97%. The firm had revenue of $634.46 million for the quarter, compared to the consensus estimate of $642.62 million. During the same quarter in the prior year, the business earned ($0.01) EPS. The business’s revenue for the quarter was down 7.6% compared to the same quarter last year. analysts expect that Groupon, Inc. will post -0.02 earnings per share for the current year.

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Large investors have recently bought and sold shares of the business. Aperio Group LLC lifted its holdings in Groupon by 4.6% during the 2nd quarter. Aperio Group LLC now owns 28,844 shares of the coupon company’s stock worth $111,000 after buying an additional 1,268 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new position in Groupon during the 2nd quarter worth $116,000. Prudential Financial Inc. lifted its holdings in Groupon by 157.7% during the 2nd quarter. Prudential Financial Inc. now owns 31,713 shares of the coupon company’s stock worth $122,000 after buying an additional 19,408 shares in the last quarter. ProShare Advisors LLC acquired a new position in Groupon during the 2nd quarter worth $122,000. Finally, New York State Teachers Retirement System acquired a new position in Groupon during the 3rd quarter worth $122,000. 55.03% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts recently issued reports on the company. Citigroup Inc. boosted their price target on Groupon from $5.00 to $5.50 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. Gabelli assumed coverage on Groupon in a research note on Tuesday, October 17th. They set a “buy” rating and a $7.00 price target on the stock. BidaskClub lowered Groupon from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Barclays PLC restated an “underweight” rating and set a $3.85 price target (up from $3.40) on shares of Groupon in a research note on Wednesday, August 9th. Finally, Cowen and Company restated a “sell” rating and set a $3.50 price target on shares of Groupon in a research note on Thursday, August 3rd. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $4.94.

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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