Groupon Inc (NASDAQ: GRPN) is 54.90% higher on its value in year-to-date trading and has touched a low of $7.75 and a high of $18.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GRPN stock was last observed hovering at around $18.83 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $18.82, the stock is 29.85% and 48.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -0.05% at the moment leaves the stock 52.62% off its SMA200. GRPN registered 45.78% gain for a year compared to 6-month gain of 86.71%. The firm has a 50-day simple moving average (SMA 50) of $12.6828 and a 200-day simple moving average (SMA200) of $12.33155.
The stock witnessed a 71.25% loss in the last 1 month and extending the period to 3 months gives it a 55.54%, and is 10.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.45% over the week and 7.20% over the month.
Groupon Inc (GRPN) has around 2079 employees, a market worth around $749.24M and $492.56M in sales. Fwd P/E is 46.47. Profit margin for the company is -11.98%. Distance from 52-week low is 142.84% and -0.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.32%).
with sales reaching $115.5M over the same period.The EPS is expected to grow by 105.52% this year, but quarterly earnings will post 0.89% year-over-year. Quarterly sales are estimated to shrink -6.16% in year-over-year returns.
Groupon Inc (GRPN) Top Institutional Holders
164.0 institutions hold shares in Groupon Inc (GRPN), with institutional investors hold 98.02% of the company’s shares. The shares outstanding are 39.80M, and float is at 21.33M with Short Float at 39.35%. Institutions hold 84.56% of the Float.
The top institutional shareholder in the company is PALE FIRE CAPITAL SE with over 10.18 million shares valued at $155.77 million. The investor’s holdings represent 25.8202% of the GRPN Shares outstanding. As of 2024-06-30, the second largest holder is DIVISADERO STREET CAPITAL MANAGEMENT, LP with 3.44 million shares valued at $52.57 million to account for 8.7135 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.65 million shares representing 4.1795% and valued at over $25.21 million, while VANGUARD GROUP INC holds 3.8539 of the shares totaling 1.45 million with a market value of $22.24 million.
Groupon Inc (GRPN) Insider Activity
The most recent transaction is an insider purchase by Harinstein Jason, the company’s Director. SEC filings show that Harinstein Jason bought 15,000 shares of the company’s common stock on Aug 08 ’24 at a price of $10.61 per share for a total of $0.16 million. Following the purchase, the insider now owns 55658.0 shares.
Groupon Inc disclosed in a document filed with the SEC on Aug 05 ’24 that Bass Robert J (Director) sold a total of 4,583 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $11.35 per share for $52017.0. Following the transaction, the insider now directly holds 0.1 million shares of the GRPN stock.
Still, SEC filings show that on Aug 05 ’24, ROBERT BASS (Director) Proposed Sale 4,583 shares at an average price of $11.35 for $52021.0. The insider now directly holds shares of Groupon Inc (GRPN).
