Groupon, Inc. (NASDAQ:GRPN) insider James Sullivan sold 25,000 shares of the business’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $3.96, for a total value of $99,000.00. Following the transaction, the insider now directly owns 343,353 shares in the company, valued at approximately $1,359,677.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Groupon, Inc. (NASDAQ:GRPN) traded down 1.51% during midday trading on Wednesday, hitting $3.92. The company had a trading volume of 4,839,767 shares. The firm’s market cap is $2.18 billion. Groupon, Inc. has a 52-week low of $2.90 and a 52-week high of $5.67. The stock has a 50 day moving average of $3.87 and a 200 day moving average of $3.73.

Groupon (NASDAQ:GRPN) last released its quarterly earnings data on Wednesday, August 2nd. The coupon company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.06. Groupon had a negative return on equity of 13.08% and a negative net margin of 4.16%. The company had revenue of $662.60 million for the quarter, compared to analyst estimates of $668.84 million. During the same period last year, the company posted ($0.01) earnings per share. The firm’s revenue was down 8.5% compared to the same quarter last year. On average, analysts anticipate that Groupon, Inc. will post $0.12 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This report was published by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another publication, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this report can be read at https://www.watchlistnews.com/insider-selling-groupon-inc-grpn-insider-sells-25000-shares-of-stock/1496679.html.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GRPN. Vanguard Group Inc. raised its position in Groupon by 8.1% in the second quarter. Vanguard Group Inc. now owns 32,453,440 shares of the coupon company’s stock valued at $124,620,000 after buying an additional 2,430,907 shares during the period. First Trust Advisors LP raised its position in Groupon by 43.4% in the second quarter. First Trust Advisors LP now owns 16,324,191 shares of the coupon company’s stock valued at $62,685,000 after buying an additional 4,937,648 shares during the period. State Street Corp raised its position in Groupon by 38.2% in the second quarter. State Street Corp now owns 8,827,043 shares of the coupon company’s stock valued at $33,898,000 after buying an additional 2,440,783 shares during the period. State of New Jersey Common Pension Fund D raised its position in Groupon by 4.3% in the second quarter. State of New Jersey Common Pension Fund D now owns 4,800,000 shares of the coupon company’s stock valued at $18,432,000 after buying an additional 200,000 shares during the period. Finally, Teachers Advisors LLC raised its position in Groupon by 7.6% in the second quarter. Teachers Advisors LLC now owns 4,592,475 shares of the coupon company’s stock valued at $17,635,000 after buying an additional 324,672 shares during the period. 57.64% of the stock is currently owned by institutional investors.

A number of equities analysts have weighed in on GRPN shares. Maxim Group lowered their price objective on Groupon from $5.50 to $4.25 and set a “buy” rating on the stock in a research note on Thursday, May 4th. Vetr lowered Groupon from a “strong-buy” rating to a “buy” rating and set a $4.26 price objective on the stock. in a research note on Monday, May 1st. B. Riley raised Groupon from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $4.20 to $5.50 in a research note on Thursday, June 29th. Loop Capital reissued a “hold” rating on shares of Groupon in a research note on Wednesday, April 19th. Finally, Jefferies Group LLC reissued a “hold” rating on shares of Groupon in a research note on Friday, May 5th. Six analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $4.59.

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.