177,879 Shares in Groupon Inc (GRPN) Acquired by B. Riley Financial Inc.

B. Riley Financial Inc. acquired a new position in shares of Groupon Inc (NASDAQ:GRPN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 177,879 shares of the coupon company’s stock, valued at approximately $907,000.

Other hedge funds also recently made changes to their positions in the company. Parametric Portfolio Associates LLC lifted its position in shares of Groupon by 6.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,215,797 shares of the coupon company’s stock worth $4,669,000 after buying an additional 74,819 shares during the last quarter. Dimensional Fund Advisors LP bought a new position in shares of Groupon in the 2nd quarter worth about $2,745,000. Voya Investment Management LLC lifted its position in shares of Groupon by 1.9% in the 2nd quarter. Voya Investment Management LLC now owns 152,428 shares of the coupon company’s stock worth $585,000 after buying an additional 2,911 shares during the last quarter. State Street Corp lifted its position in shares of Groupon by 38.2% in the 2nd quarter. State Street Corp now owns 8,827,043 shares of the coupon company’s stock worth $33,898,000 after buying an additional 2,440,783 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Groupon by 1,570.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 271,342 shares of the coupon company’s stock worth $1,042,000 after buying an additional 255,098 shares during the last quarter. 57.01% of the stock is owned by institutional investors.

In other Groupon news, CAO Brian Stevens sold 20,000 shares of the business’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $5.71, for a total transaction of $114,200.00. Following the sale, the chief accounting officer now directly owns 222,354 shares in the company, valued at approximately $1,269,641.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eric P. Lefkofsky sold 1,500,000 shares of the business’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $5.77, for a total transaction of $8,655,000.00. The disclosure for this sale can be found here. Company insiders own 23.40% of the company’s stock.

A number of research firms have recently issued reports on GRPN. Vetr downgraded shares of Groupon from a “buy” rating to a “hold” rating and set a $6.09 price target on the stock. in a research report on Monday, December 11th. Piper Jaffray Companies reiterated an “overweight” rating and set a $6.25 price target on shares of Groupon in a research report on Tuesday, December 12th. DA Davidson restated a “buy” rating on shares of Groupon in a research report on Thursday, November 30th. Zacks Investment Research upgraded shares of Groupon from a “hold” rating to a “strong-buy” rating and set a $6.25 price target on the stock in a research report on Monday, November 6th. Finally, TheStreet upgraded shares of Groupon from a “d” rating to a “c-” rating in a research report on Thursday, November 2nd. Seven investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $5.08.

Shares of Groupon Inc (NASDAQ:GRPN) opened at $4.29 on Thursday. The firm has a market cap of $2,400.00, a PE ratio of 214.50, a P/E/G ratio of 25.56 and a beta of 1.47. Groupon Inc has a 52-week low of $2.90 and a 52-week high of $5.99. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.95 and a quick ratio of 0.95.

Groupon (NASDAQ:GRPN) last issued its quarterly earnings data on Wednesday, February 14th. The coupon company reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.02). The firm had revenue of $873.17 million during the quarter, compared to the consensus estimate of $853.13 million. Groupon had a net margin of 0.49% and a return on equity of 0.22%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.07 earnings per share. equities analysts predict that Groupon Inc will post 0.03 earnings per share for the current year.

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Groupon Profile

Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).

Institutional Ownership by Quarter for Groupon (NASDAQ:GRPN)

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