Groupon, Inc. (GRPN) Insider Sells 25000 Shares of Stock

Over the past twelve months, Groupon, Inc.

Inc. (NYSE:CARS) traded at an unexpectedly high level on 9/26/2017 when the stock experienced a 2.58% gain to a closing price of $26.66. Vetr's target price indicates a potential upside of 41.66% from the stock's current price.

Other analysts have also issued research reports about the stock.

DA Davidson began coverage of the stock with a rating of "Buy". Finally, Piper Jaffray Companies reissued a "buy" rating and set a $5.50 target price on shares of Groupon in a research note on Thursday, September 21st. At recent session, the prices were hovering between $4.62 and $4.79. Barclays PLC restated an "underweight" rating and set a $3.85 target price (up previously from $3.40) on shares of Groupon in a research report on Wednesday, August 9th. BidaskClub cut shares of Groupon from a hold rating to a sell rating in a report on Thursday, July 27th.

08/03/2017 - Groupon, Inc. had its "sell" rating reiterated by analysts at UBS. The stock price hovered in an intraday range of $4.8- $5.

Company shares last traded at $4.90 significantly above $4.18, the stock's 50 day moving average and quite a bit higher than the 200 day moving average of $3.77. GRPN's asset turnover ratio is 2.11 and the company has financial leverage of 3.42. The company has a 50-day moving average price of $4.18 and a 200 day moving average price of $3.77.

Groupon, Inc. has a 1-year low of $2.90 and a 1-year high of $5.45.

Groupon, Inc. (GRPN) exchanged hands at an unexpectedly high level of 9.12 million shares over the course of the day. For the next year, analysts anticipate that the company will report earnings of $0.00 per share, with EPS estimates ranging from ($0.05) to $0.07. The company had revenue of $662.60 million during the quarter, compared to the consensus estimate of $668.84 million. The business's revenue was down 8.5% compared to the same quarter past year. During the same period in the prior year, the business earned ($0.01) earnings per share. Analysts expect next quarter's EPS to be $0.09 and the next full year EPS is projected to be $0.17.

Groupon, Inc. operates online local commerce marketplaces around the world that connect merchants to clients by offering goods and services at a discount. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that GRPN is a Strong buy, which implies that GRPN is expected to outperform the market based on prior trading patterns. If you are accessing this report on another site, it was illegally stolen and republished in violation of worldwide copyright laws. The original version of this story can be accessed at Company trades at a P/E ratio of 265.22, and is more expensive than the average stock in the Internet Information Providers industry.

Among new and sold out positions, 32 holders initiated new positions by a total of 7.18 million shares and 47 holders exited their positions by a total of 8.51 million shares. Cowen and Company reaffirmed a sell rating and set a $3.50 target price on shares of Groupon in a report on Thursday, August 3rd. As of quarter end Cubist Systematic Strategies, LLC had sold a total of 100 shares trimming its stake by 0.4%.

Currently Groupon Cl A Cmn (NASDAQ:GRPN)'s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 51.7%. The disclosure for this sale can be found here.

The ratios of the return on assets (ROA) and the return on owner's equity (ROE) are the most used profitability ratios in the analysis while ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Karp Capital Management Corp acquired a new stake in Groupon in the first quarter worth about $108,000. Exane Derivatives added to its position by buying 1,117 shares an increase of 309.4%. Aperio Group LLC boosted its holdings in Groupon by 4.6% in the 2nd quarter.

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