Groupon, Inc. (NASDAQ:GRPN – Get Free Report) CEO Dusan Senkypl acquired 137,946 shares of the company’s stock in a transaction on Monday, November 20th. The stock was bought at an average price of $9.74 per share, for a total transaction of $1,343,594.04. Following the purchase, the chief executive officer now owns 7,040,310 shares in the company, valued at approximately $68,572,619.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available 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 bought at an average price of $9.50 per share, for a total transaction of $235,628.50.
Groupon Trading Up 1.9 %
NASDAQ GRPN opened at $9.72 on Tuesday. The company has a fifty day simple moving average of $12.34 and a 200 day simple moving average of $8.96. The company has a market cap of $309.58 million, a P/E ratio of -2.16 and a beta of 1.60. Groupon, Inc. has a 1 year low of $2.89 and a 1 year high of $16.25.
Wall Street Analyst Weigh In
Institutional Trading of Groupon
Several large investors have recently modified their holdings of GRPN. Dimensional Fund Advisors LP acquired a new position in Groupon during the 1st quarter valued at $6,673,000. Federated Hermes Inc. raised its stake in Groupon by 170.8% during the 1st quarter. Federated Hermes Inc. now owns 542,552 shares of the coupon company’s stock valued at $10,433,000 after purchasing an additional 342,198 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Groupon during the 1st quarter valued at $1,332,000. Invesco Ltd. raised its stake in Groupon by 158.8% during the 3rd quarter. Invesco Ltd. now owns 513,075 shares of the coupon company’s stock valued at $7,860,000 after purchasing an additional 314,812 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in Groupon during the 1st quarter valued at $1,123,000. 90.05% of the stock is owned by institutional investors.
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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