Groupon, Inc. (NASDAQ:GRPN – Get Free Report) CEO Dusan Senkypl purchased 137,946 shares of Groupon stock in a transaction on Monday, November 20th. The stock was bought at an average cost of $9.74 per share, for a total transaction of $1,343,594.04. Following the transaction, the chief executive officer now directly owns 7,040,310 shares in the company, valued at $68,572,619.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Dusan Senkypl also recently made the following trade(s):
- On Friday, November 17th, Dusan Senkypl bought 24,803 shares of Groupon stock. The shares were purchased at an average price of $9.50 per share, for a total transaction of $235,628.50.
Groupon Stock Performance
GRPN opened at $9.72 on Tuesday. Groupon, Inc. has a one year low of $2.89 and a one year high of $16.25. The stock has a market capitalization of $309.58 million, a P/E ratio of -2.16 and a beta of 1.60. The business’s 50-day simple moving average is $12.34 and its 200-day simple moving average is $8.96.
Institutional Investors Weigh In On Groupon
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on GRPN shares. StockNews.com upgraded shares of Groupon from a “sell” rating to a “hold” rating in a research note on Saturday. Roth Mkm began coverage on shares of Groupon in a research note on Thursday, October 12th. They set a “buy” rating and a $30.00 target price for the company. Barclays raised their price target on Groupon from $4.00 to $6.00 and gave the company an “underweight” rating in a research note on Thursday, August 10th. Credit Suisse Group lifted their price target on Groupon from $3.40 to $8.00 and gave the stock a “neutral” rating in a report on Friday, August 11th. Finally, The Goldman Sachs Group raised their target price on Groupon from $4.00 to $5.00 and gave the stock a “sell” rating in a research report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Groupon currently has a consensus rating of “Hold” and a consensus price target of $12.25.
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; and first-party goods inventory. It serves customers through its mobile applications and websites.
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