Trading Vision: Active Stock Focus on Shares of Groupon, Inc. (NASDAQ:GRPN)

Author

28 May, 2017

Groupon, Inc. (GRPN) belongs to the "Technology" sector with an industry focus on "Internet Information Providers", with Mr. Eric P. Lefkofsky J.D.as Co-Founder and Chairman. The stock had previously closed at $3.44, but opened at $3.47.

The number of shares now held by investors is 561.33 Million.

In the quarter ending September 2016, Groupon, Inc. delivered smaller earnings beat. BlackRock Japan Co. Ltd now owns 125,899 shares of the coupon company's stock worth $648,000 after buying an additional 75,536 shares in the last quarter. The correct version of this article can be accessed at https://transcriptdaily.com/2017/05/27/jefferies-group-llc-reiterates-hold-rating-for-groupon-inc-grpn-updated.html. They set a neutral rating and a $5.00 target price for the company.

Now the shares of Groupon, Inc. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The stock now has an average rating of "Hold" and a consensus target price of $4.75.

The stock subtracted in the prior trading session by -1.8%, closing at the stock price of $3.27. The average volume stands around 8.61 million shares. (GRPN) has made a move of -14.18% over the past month, which has come on Strong relative transaction volume.

In the past 5 years, the stock showed growth of -1.03% per annum. The stock's market capitalization is $1.78 billion.

Groupon (NASDAQ:GRPN) last issued its quarterly earnings data on Wednesday, May 3rd. The coupon company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.06. The Return on Equity (ROE) value stands at -57.9%. The company had revenue of $673.63 million for the quarter, compared to the consensus estimate of $721.93 million. While in the same Quarter Previous year, the Actual EPS was $-0.01. Over the trailing year, the stock is underperforming the S&P 500 by 17.95, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. The current consensus recommendation provided by covering analysts is 3.10.

ILLEGAL ACTIVITY NOTICE: "Maxim Group Cuts Groupon Inc (GRPN) Price Target to $4.25" was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & global copyright laws. Also, CAO Brian Stevens sold 10,000 shares of the firm's stock in a transaction on Monday, March 13th.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -22.5%, and has a poor year to date (YTD) performance of -1.51% which means the stock is constantly subtracting to its value from the previous fiscal year end price. Following the completion of the sale, the chief accounting officer now owns 194,775 shares of the company's stock, valued at approximately $779,100. The sale was disclosed in a filing with the SEC, which is available through this link.

In related news, General Counsel Dane A. Drobny sold 47,753 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $4.20, for a total value of $787,021.20. Over the last 12 months, GRPN's stock price has declined $0.13, or -3.81%.

A number of large investors have recently modified their holdings of GRPN. Highbridge Capital Management LLC purchased a new stake in shares of Groupon during the fourth quarter valued at approximately $113,000. Invictus RG boosted its position in shares of Groupon by 359.6% in the first quarter. SG Americas Securities LLC now owns 31,399 shares of the coupon company's stock worth $123,000 after buying an additional 2,000 shares during the last quarter. Baker Avenue Asset Management LP acquired a new position in shares of Groupon during the first quarter valued at $598,000. Finally, SG Americas Securities LLC raised its stake in shares of Groupon by 6.8% in the first quarter.


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