FORA Capital LLC Makes New $409,000 Investment in Groupon, Inc. $GRPN

Key Points

• FORA Capital LLC has acquired a new stake in Groupon, purchasing 21,784 shares valued at approximately $409,000, which represents about 0.05% of the company.
• Analysts have recently upgraded Groupon, with Wall Street Zen raising its rating to "strong-buy" and Northland Securities increasing their price target from $39.00 to $44.00.
• Groupon reported earnings of $0.46 per share for the last quarter, significantly surpassing consensus estimates, with revenues also exceeding expectations at $125.70 million.

FORA Capital LLC bought a new stake in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 21,784 shares of the coupon company's stock, valued at approximately $409,000. FORA Capital LLC owned about 0.05% of Groupon at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. AlphaQuest LLC raised its stake in Groupon by 383.5% during the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company's stock valued at $70,000 after purchasing an additional 2,949 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Groupon by 115.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,559 shares of the coupon company's stock valued at $128,000 after purchasing an additional 78,423 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Groupon by 36.4% during the fourth quarter. Wells Fargo & Company MN now owns 12,519 shares of the coupon company's stock worth $152,000 after buying an additional 3,342 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Groupon by 11.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,652 shares of the coupon company's stock worth $179,000 after buying an additional 1,552 shares in the last quarter. Finally, Trust Investment Advisors acquired a new stake in Groupon during the first quarter worth $218,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Groupon Price Performance

Groupon stock traded down $0.34 during mid-day trading on Tuesday, hitting $25.77. 536,616 shares of the company were exchanged, compared to its average volume of 1,459,755. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 4.16. The business has a fifty day moving average of $31.85 and a 200 day moving average of $24.81. Groupon, Inc. has a 1-year low of $7.75 and a 1-year high of $43.08. The company has a market capitalization of $1.04 billion, a PE ratio of -106.89 and a beta of 0.68.

Groupon (NASDAQ:GRPN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The coupon company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.48. The company had revenue of $125.70 million for the quarter, compared to analyst estimates of $122.46 million. Groupon had a negative return on equity of 19.61% and a negative net margin of 1.89%. As a group, sell-side analysts expect that Groupon, Inc. will post -0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on GRPN shares. The Goldman Sachs Group lifted their price target on shares of Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research note on Monday, May 12th. Northland Securities lifted their price target on shares of Groupon from $39.00 to $44.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. Wall Street Zen upgraded shares of Groupon from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. UBS Group started coverage on shares of Groupon in a research note on Thursday, August 7th. They set a "mixed" rating on the stock. Finally, Roth Capital lifted their price target on shares of Groupon from $33.00 to $47.00 and gave the stock a "buy" rating in a research note on Friday, June 20th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $29.80.

About Groupon

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.