Groupon, Inc. (NASDAQ:GRPN) enjoyed a 37.93% run-up in share price since hitting record low of $2.9. The stock managed 1.01% rise and now stands at $4 as of Aug. 10, 2017. At recent session, the prices were hovering between $3.89 and $4.03. This company shares are 10% off its target price of $4.4 and the current market capitalization stands at $2.32B. The recent change has given its price a 12.05% lead over SMA 50 and -32.55% deficit over its 52-week high. The stock witnessed 3.09% gains, 14.29% gains and 10.8% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GRPN’s volatility during a week at 4.2% and during a month it has been found around 4.36%.Groupon, Inc. (GRPN) Top Holders
Institutional investors currently hold around $1.27 billion or 51.1% in GRPN stock. Look at its top three institutional owners. Fmr Llc owns $333.87 million in Groupon, Inc., which represents roughly 14.39% of the company’s market cap and approximately 26.35% of the institutional ownership. Similar statistics are true for the second largest owner, Alibaba Group Holding Ltd, which owns 32,972,000 shares of the stock are valued at $130.57 million. The third largest holder is Vanguard Group Inc, which currently holds $118.89 million worth of this stock and that ownership represents nearly 5.12% of its market capitalization.Groupon, Inc. 13F Filings
At the end of Mar reporting period, 96 institutional holders increased their position in Groupon, Inc. (NASDAQ:GRPN) by some 32,287,021 shares, 103 decreased positions by 34,395,534 and 36 held positions by 253,250,000. That puts total institutional holdings at 319,932,555 shares, according to SEC filings. The stock grabbed 43 new institutional investments totaling 8,215,170 shares while 44 institutional investors sold out their entire positions totaling 10,580,228 shares.
Multiple company employees have indulged in significant insider trading. Groupon, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director BARRIS PETER J has sold 562,719 shares of Groupon, Inc. (GRPN) in trading session dated Aug. 10, 2017. These shares are worth $2,228,367 and were traded at $3.96 each. The SEC filing shows that BARRIS PETER J performed a sale of 281,352 shares. The Director disposed these shares by way of transaction on Jun. 12, 2017. The company’s shares were given away at $3.04 per share worth to an income of some $855,310 on account of BARRIS PETER J.
CAO & Treasurer, Stevens Brian, sold 10,000 common shares of Groupon, Inc. (GRPN) in the open market. In a transaction dated May. 30, 2017, the shares were put up for sale at an average price of $3.15, raking in a sum of $31,500. After this sale, 204,141 common shares of GRPN are directly owned by the insider, with total stake valued at $816,564.
In the transaction dated May. 10, 2017, the great number of shares disposed came courtesy the General Counsel and Secretary; Drobny Dane A disposed a total of 47,753 shares at an average price of $3.59, amounting to approximately $171,433. The insider now directly owns 377,721 shares worth $1,510,884.Groupon, Inc. (GRPN) Analyst Guide
Several analysts have released their opinion on Groupon, Inc. (NASDAQ:GRPN), with 3 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 4 strong sell ratings, collectively assigning a 3.16 average brokerage recommendation.