Groupon, Inc. (NASDAQ:GRPN – Get Free Report) CEO Dusan Senkypl purchased 137,946 shares of the business’s stock in a transaction on Monday, November 20th. The stock was purchased at an average cost of $9.74 per share, for a total transaction of $1,343,594.04. Following the completion of the acquisition, the chief executive officer now directly owns 7,040,310 shares of the company’s stock, valued at approximately $68,572,619.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Dusan Senkypl also recently made the following trade(s):
- On Friday, November 17th, Dusan Senkypl acquired 24,803 shares of Groupon stock. The stock was acquired at an average cost of $9.50 per share, with a total value of $235,628.50.
Groupon Stock Up 1.9 %
Shares of NASDAQ GRPN opened at $9.72 on Tuesday. Groupon, Inc. has a 52 week low of $2.89 and a 52 week high of $16.25. The firm has a market cap of $309.58 million, a P/E ratio of -2.16 and a beta of 1.60. The business’s 50 day moving average price is $12.34 and its 200 day moving average price is $8.96.
Institutional Trading of Groupon
Analysts Set New Price Targets
Several brokerages recently issued reports on GRPN. The Goldman Sachs Group upped their target price on Groupon from $4.00 to $5.00 and gave the company a “sell” rating in a research report on Tuesday, November 14th. Credit Suisse Group upped their price objective on shares of Groupon from $3.40 to $8.00 and gave the company a “neutral” rating in a report on Friday, August 11th. StockNews.com upgraded shares of Groupon from a “sell” rating to a “hold” rating in a research note on Saturday. Barclays upped their price target on shares of Groupon from $4.00 to $6.00 and gave the company an “underweight” rating in a research note on Thursday, August 10th. Finally, Roth Mkm assumed coverage on shares of Groupon in a research note on Thursday, October 12th. They set a “buy” rating and a $30.00 price objective for the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.25.
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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