Groupon, Inc. (NASDAQ:GRPN – Get Free Report) CEO Dusan Senkypl acquired 137,946 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were acquired at an average price of $9.74 per share, for a total transaction of $1,343,594.04. Following the completion of the purchase, the chief executive officer now 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 is accessible through this link.
Dusan Senkypl also recently made the following trade(s):
- On Friday, November 17th, Dusan Senkypl acquired 24,803 shares of Groupon stock. The shares were acquired at an average price of $9.50 per share, for a total transaction of $235,628.50.
Groupon Stock Performance
GRPN traded up $0.19 during trading on Monday, hitting $9.72. The stock had a trading volume of 1,079,061 shares, compared to its average volume of 1,299,503. The company has a market capitalization of $309.58 million, a PE ratio of -2.16 and a beta of 1.60. Groupon, Inc. has a twelve month low of $2.89 and a twelve month high of $16.25. The stock has a 50 day simple moving average of $12.34 and a two-hundred day simple moving average of $8.96.
Analysts Set New Price Targets
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in GRPN. Swiss National Bank raised its holdings in shares of Groupon by 7.6% in the first quarter. Swiss National Bank now owns 59,478 shares of the coupon company’s stock worth $1,144,000 after buying an additional 4,200 shares during the last quarter. Raymond James & Associates purchased a new position in shares of Groupon in the first quarter worth $273,000. Bank of Montreal Can purchased a new position in shares of Groupon in the first quarter worth $414,000. MetLife Investment Management LLC raised its holdings in shares of Groupon by 45.7% in the first quarter. MetLife Investment Management LLC now owns 14,560 shares of the coupon company’s stock worth $280,000 after buying an additional 4,568 shares during the last quarter. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Groupon in the first quarter worth $6,673,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
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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