SG Americas Securities LLC Grows Stock Holdings in Groupon, Inc. $GRPN

SG Americas Securities LLC increased its position in shares of Groupon, Inc. (NASDAQ:GRPN) by 384.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,477 shares of the coupon company’s stock after purchasing an additional 27,355 shares during the period. SG Americas Securities LLC’s holdings in Groupon were worth $1,153,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of GRPN. Police & Firemen s Retirement System of New Jersey raised its stake in Groupon by 28.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 5,909 shares of the coupon company’s stock valued at $198,000 after buying an additional 1,304 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Groupon by 5.6% in the 2nd quarter. Geode Capital Management LLC now owns 612,592 shares of the coupon company’s stock valued at $20,493,000 after acquiring an additional 32,377 shares during the last quarter. Tyro Capital Management LLC raised its position in shares of Groupon by 17.5% during the 2nd quarter. Tyro Capital Management LLC now owns 1,021,717 shares of the coupon company’s stock worth $34,176,000 after acquiring an additional 152,406 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Groupon by 229.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 494,865 shares of the coupon company’s stock worth $16,553,000 after acquiring an additional 344,761 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Groupon during the second quarter worth approximately $951,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

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

Groupon Stock Performance

Shares of GRPN opened at $16.32 on Friday. The company’s 50 day simple moving average is $20.66 and its 200-day simple moving average is $26.87. The firm has a market cap of $665.12 million, a PE ratio of -68.00 and a beta of 0.47. Groupon, Inc. has a 12-month low of $9.01 and a 12-month high of $43.08. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.16.

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

Groupon Company 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.