Generali Investments CEE investicni spolecnost a.s. Sells 70,041 Shares of Groupon, Inc. $GRPN

Key Points

• Generali Investments CEE investicni spolecnost a.s. reduced its stake in Groupon by 35.4%, selling 70,041 shares and now owning 128,021 shares valued at approximately $4.28 million.
• Institutional investors collectively own 90.05% of Groupon's stock, indicating strong institutional interest in the company.
• Groupon recently reported earnings exceeding expectations, with an EPS of $0.46 against a consensus estimate of ($0.02), and a revenue of $125.7 million, above the estimated $122.46 million.

Generali Investments CEE investicni spolecnost a.s. trimmed its holdings in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) by 35.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,021 shares of the coupon company's stock after selling 70,041 shares during the period. Generali Investments CEE investicni spolecnost a.s. owned about 0.32% of Groupon worth $4,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AlphaQuest LLC grew its holdings in Groupon by 383.5% during the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company's stock worth $70,000 after acquiring an additional 2,949 shares in the last quarter. GAMMA Investing LLC grew its holdings in Groupon by 48,700.0% during the 1st 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 in the last quarter. Counterpoint Mutual Funds LLC bought a new position in Groupon during the 2nd quarter worth about $366,000. Trust Investment Advisors bought a new position in Groupon during the 1st quarter worth about $218,000. Finally, AQR Capital Management LLC bought a new position in Groupon during the 1st quarter worth about $224,000. 90.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on GRPN. Northland Securities increased their target price on shares of Groupon from $39.00 to $44.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. UBS Group began coverage on shares of Groupon in a research report on Thursday, August 7th. They set a "mixed" rating for the company. Wall Street Zen lowered shares of Groupon from a "strong-buy" rating to a "buy" rating in a research report on Friday, September 5th. Finally, Roth Capital increased their price target on shares of Groupon from $33.00 to $47.00 and gave the company a "buy" rating in a research report on Friday, June 20th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $29.80.

Groupon Stock Performance

Shares of Groupon stock opened at $23.35 on Wednesday. The firm has a market capitalization of $944.04 million, a P/E ratio of -97.29 and a beta of 0.68. 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 company has a 50 day moving average price of $26.96 and a 200 day moving average price of $26.35. Groupon, Inc. has a 52 week low of $7.75 and a 52 week high of $43.08.

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

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. It serves customers through its mobile applications and websites.

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