Jan Barta Purchases 118,565 Shares of Groupon, Inc. (NASDAQ:GRPN) Stock

Groupon, Inc. (NASDAQ:GRPNGet Rating) insider Jan Barta purchased 118,565 shares of the firm’s stock in a transaction that occurred on Thursday, April 21st. The stock was purchased at an average price of $19.88 per share, with a total value of $2,357,072.20. Following the purchase, the insider now directly owns 1,550,043 shares of the company’s stock, valued at $30,814,854.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jan Barta also recently made the following trade(s):

  • On Tuesday, April 19th, Jan Barta acquired 106,823 shares of Groupon stock. The shares were bought at an average price of $20.48 per share, with a total value of $2,187,735.04.
  • On Monday, April 11th, Jan Barta acquired 119,454 shares of Groupon stock. The shares were bought at an average price of $19.85 per share, with a total value of $2,371,161.90.
  • On Friday, April 8th, Jan Barta acquired 128,490 shares of Groupon stock. The shares were bought at an average price of $20.36 per share, with a total value of $2,616,056.40.
  • On Wednesday, April 6th, Jan Barta acquired 181,185 shares of Groupon stock. The shares were bought at an average price of $19.96 per share, with a total value of $3,616,452.60.
  • On Monday, April 4th, Jan Barta acquired 57,209 shares of Groupon stock. The shares were bought at an average price of $19.90 per share, with a total value of $1,138,459.10.
  • On Thursday, March 31st, Jan Barta acquired 82,126 shares of Groupon stock. The shares were bought at an average price of $19.25 per share, with a total value of $1,580,925.50.

Shares of NASDAQ:GRPN traded down $0.23 on Thursday, reaching $19.51. 787,791 shares of the company were exchanged, compared to its average volume of 1,322,176. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. Groupon, Inc. has a 1-year low of $16.37 and a 1-year high of $55.37. The firm has a market cap of $582.53 million, a price-to-earnings ratio of 5.39 and a beta of 2.29. The company has a 50-day moving average of $20.32 and a 200-day moving average of $22.51.

Groupon (NASDAQ:GRPNGet Rating) last posted its quarterly earnings results on Monday, February 28th. The coupon company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.07. Groupon had a net margin of 12.27% and a return on equity of 9.04%. The business had revenue of $223.16 million for the quarter, compared to analysts’ expectations of $224.59 million. During the same period in the prior year, the company posted $0.29 EPS. The business’s revenue for the quarter was down 34.9% on a year-over-year basis. As a group, analysts forecast that Groupon, Inc. will post -0.38 earnings per share for the current year.

Large investors have recently bought and sold shares of the company. Dark Forest Capital Management LP acquired a new position in shares of Groupon during the 3rd quarter worth $25,000. Advisor Group Holdings Inc. grew its stake in shares of Groupon by 113.6% during the 4th quarter. Advisor Group Holdings Inc. now owns 2,444 shares of the coupon company’s stock worth $55,000 after purchasing an additional 1,300 shares during the period. Royal Bank of Canada grew its stake in shares of Groupon by 12.7% during the 3rd quarter. Royal Bank of Canada now owns 3,370 shares of the coupon company’s stock worth $77,000 after purchasing an additional 381 shares during the period. Schroder Investment Management Group purchased a new stake in shares of Groupon in the 3rd quarter worth about $91,000. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Groupon by 13.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 4,683 shares of the coupon company’s stock worth $108,000 after buying an additional 560 shares in the last quarter. 90.52% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently commented on GRPN. Ascendiant Capital Markets reduced their price target on shares of Groupon from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, March 24th. Wedbush reduced their price target on shares of Groupon from $30.00 to $22.00 in a research report on Wednesday, March 2nd. StockNews.com began coverage on shares of Groupon in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Barclays reduced their price target on shares of Groupon from $23.00 to $20.00 in a research report on Wednesday, March 2nd. Finally, Credit Suisse Group reduced their price target on shares of Groupon from $38.00 to $29.00 and set a “neutral” rating for the company in a research report on Wednesday, March 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $25.80.

About Groupon (Get Rating)

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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