Groupon Inc (NASDAQ:GRPN) CAO Brian Stevens sold 20,000 shares of the company’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $5.71, for a total transaction of $114,200.00. Following the sale, the chief accounting officer now directly owns 222,354 shares in the company, valued at approximately $1,269,641.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Groupon Inc (GRPN) traded up $0.13 on Tuesday, hitting $5.82. 11,448,212 shares of the company were exchanged, compared to its average volume of 8,658,275. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.99. Groupon Inc has a 12 month low of $2.90 and a 12 month high of $5.99.

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

A number of brokerages have commented on GRPN. Vetr cut shares of Groupon from a “buy” rating to a “hold” rating and set a $5.74 price target on the stock. in a research report on Tuesday, November 21st. Piper Jaffray Companies reissued a “buy” rating and set a $6.25 price objective on shares of Groupon in a research report on Monday, November 20th. Zacks Investment Research raised shares of Groupon from a “hold” rating to a “strong-buy” rating and set a $6.25 price objective on the stock in a research report on Monday, November 6th. TheStreet raised shares of Groupon from a “d” rating to a “c-” rating in a research report on Thursday, November 2nd. Finally, Barclays increased their price objective on shares of Groupon from $3.85 to $4.40 and gave the stock an “underweight” rating in a research report on Thursday, November 2nd. Six analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $4.97.

Several institutional investors and hedge funds have recently bought and sold shares of GRPN. New York State Teachers Retirement System purchased a new stake in Groupon in the 3rd quarter valued at about $122,000. Aperio Group LLC increased its stake in Groupon by 4.6% in the 2nd quarter. Aperio Group LLC now owns 28,844 shares of the coupon company’s stock valued at $111,000 after buying an additional 1,268 shares during the last quarter. Ameritas Investment Partners Inc. purchased a new stake in Groupon in the 2nd quarter valued at about $116,000. Prudential Financial Inc. increased its stake in Groupon by 157.7% in the 2nd quarter. Prudential Financial Inc. now owns 31,713 shares of the coupon company’s stock valued at $122,000 after buying an additional 19,408 shares during the last quarter. Finally, ProShare Advisors LLC purchased a new stake in Groupon in the 2nd quarter valued at about $122,000. Institutional investors own 60.05% of the company’s stock.

WARNING: This report was posted by Watch List News and is the property of of Watch List News. If you are viewing this report on another website, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this report can be accessed at https://www.watchlistnews.com/groupon-inc-grpn-cao-sells-114200-00-in-stock/1731610.html.

About Groupon

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)

Receive News & Ratings for Groupon Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Groupon Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.