Generali Investments CEE investicni spolecnost a.s. Has $9.30 Million Stake in Groupon, Inc. $GRPN

Generali Investments CEE investicni spolecnost a.s. raised its position in Groupon, Inc. (NASDAQ:GRPN) by 147.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 528,089 shares of the coupon company’s stock after acquiring an additional 314,896 shares during the quarter. Generali Investments CEE investicni spolecnost a.s. owned approximately 1.30% of Groupon worth $9,300,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Groupon in the 3rd quarter valued at about $32,000. CWM LLC increased its position in Groupon by 85.2% during the third quarter. CWM LLC now owns 1,858 shares of the coupon company’s stock worth $43,000 after buying an additional 855 shares during the last quarter. Quarry LP increased its position in Groupon by 48.1% during the third quarter. Quarry LP now owns 1,938 shares of the coupon company’s stock worth $45,000 after buying an additional 629 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Groupon in the second quarter valued at approximately $69,000. Finally, New York State Teachers Retirement System bought a new stake in Groupon in the third quarter valued at approximately $53,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Groupon Trading Down 6.0%

Shares of GRPN stock opened at $10.47 on Friday. Groupon, Inc. has a 12-month low of $9.17 and a 12-month high of $43.08. The company has a market capitalization of $426.55 million, a PE ratio of -4.94 and a beta of -0.02. The firm has a 50 day moving average price of $12.77 and a two-hundred day moving average price of $16.95. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 4.16.

Groupon (NASDAQ:GRPN) last posted its earnings results on Tuesday, March 10th. The coupon company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). The firm had revenue of $132.71 million during the quarter, compared to analyst estimates of $137.34 million. Groupon had a negative net margin of 16.76% and a negative return on equity of 717.37%. As a group, analysts predict that Groupon, Inc. will post -0.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on GRPN. Weiss Ratings reissued a “sell (d)” rating on shares of Groupon in a report on Monday, December 29th. The Goldman Sachs Group decreased their price objective on shares of Groupon from $17.00 to $10.00 and set a “sell” rating on the stock in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $33.67.

Groupon Profile

Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform’s targeted marketing tools and large subscriber base to promote special offers and vouchers.

Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.