2 weeks Ago By ABMN Staff
Groupon, Inc. ( NASDAQ:GRPN – Get Free Report ) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.
53 and traded as high as $19.98. Groupon shares last traded at $19.
64, with a volume of 2,181,213 shares trading hands. Wall Street Analyst Weigh In Several research analysts have recently commented on GRPN shares. The Goldman Sachs Group lifted their target price on Groupon from $8.
00 to $9.00 and gave the stock a “sell” rating in a research report on Friday, March 14th. Ascendiant Capital Markets lifted their price objective on shares of Groupon from $14.
00 to $19.00 and gave the stock a “buy” rating in a report on Monday, March 17th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the company.
Based on data from MarketBeat, Groupon presently has a consensus rating of “Moderate Buy” and an average target price of $17.75. Check Out Our Latest Stock Report on GRPN Groupon Price Performance Institutional Investors Weigh In On Groupon Several large investors have recently added to or reduced their stakes in GRPN.
GAMMA Investing LLC grew its position in shares of Groupon by 48,700.0% during the first quarter. GAMMA Investing LLC now owns 5,856 shares of the coupon company’s stock worth $1,100,000 after acquiring an additional 5,844 shares during the last quarter.
California State Teachers Retirement System increased its stake in shares of Groupon by 6.8% in the fourth quarter. California State Teachers Retirement System now owns 23,897 shares of the coupon company’s stock valued at $290,000 after purchasing an additional 1,526 shares during the period.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Groupon by 32.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 88,463 shares of the coupon company’s stock valued at $1,075,000 after buying an additional 21,918 shares during the last quarter.
Tyro Capital Management LLC acquired a new position in shares of Groupon during the fourth quarter worth approximately $20,964,000. Finally, Prentice Capital Management LP grew its holdings in Groupon by 291.3% in the 4th quarter.
Prentice Capital Management LP now owns 781,694 shares of the coupon company’s stock worth $9,498,000 after buying an additional 581,943 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.
Groupon Company Profile ( Get Free Report ) 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.
It serves customers through its mobile applications and websites. Featured Articles Receive News & Ratings for Groupon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Groupon and related companies with MarketBeat.com's FREE daily email newsletter .
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