Groupon, Inc. (NASDAQ:GRPN) Holdings Decreased by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP trimmed its position in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) by 59.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,045,472 shares of the coupon company's stock after selling 1,550,370 shares during the period. Groupon makes up about 1.5% of Divisadero Street Capital Management LP's holdings, making the stock its 21st biggest holding. Divisadero Street Capital Management LP owned 2.63% of Groupon worth $12,702,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GRPN. New York State Teachers Retirement System acquired a new stake in Groupon during the fourth quarter worth about $26,000. Picton Mahoney Asset Management increased its position in Groupon by 68.2% during the 4th quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company's stock worth $30,000 after purchasing an additional 992 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in Groupon in the fourth quarter valued at approximately $41,000. Amundi lifted its position in Groupon by 35.5% during the fourth quarter. Amundi now owns 3,838 shares of the coupon company's stock valued at $47,000 after buying an additional 1,006 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Groupon by 115.6% during the fourth quarter. JPMorgan Chase & Co. now owns 10,559 shares of the coupon company's stock worth $128,000 after buying an additional 78,423 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on GRPN. The Goldman Sachs Group lifted their target price on shares of Groupon from $8.00 to $9.00 and gave the company a "sell" rating in a report on Friday, March 14th. Roth Mkm upped their target price on Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, Ascendiant Capital Markets raised their target price on Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a report on Monday, March 17th. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Groupon currently has an average rating of "Moderate Buy" and a consensus target price of $17.25.

Groupon Stock Up 3.1 %

NASDAQ:GRPN traded up $0.75 on Friday, reaching $24.96. The stock had a trading volume of 3,545,003 shares, compared to its average volume of 1,429,661. The company has a 50-day moving average of $17.27 and a 200 day moving average of $13.19. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66. The stock has a market cap of $993.21 million, a P/E ratio of 48.94 and a beta of 0.83. Groupon, Inc. has a 12-month low of $7.75 and a 12-month high of $25.35.

Groupon (NASDAQ:GRPN - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.38. Groupon had a return on equity of 91.94% and a net margin of 3.87%. The firm had revenue of $117.19 million during the quarter, compared to analyst estimates of $115.51 million. On average, research analysts predict that Groupon, Inc. will post -0.31 earnings per share for the current year.

Groupon 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. It serves customers through its mobile applications and websites.