Inspire Investing LLC Has $341,000 Stock Holdings in Groupon, Inc. $GRPN

Key Points

• Inspire Investing LLC reduced its investment in Groupon, Inc. by 45.4%, bringing its total shares to 18,148 with a valuation of $341,000.
• Multiple hedge funds adjusted their positions in Groupon, with the most notable increase being from GAMMA Investing LLC, which grew its stake by 48,700.0%.
• Analysts generally have a positive outlook for Groupon, reflected in ratings upgrades and a current consensus target price of $29.80 despite mixed ratings from various equity research analysts.

Inspire Investing LLC reduced its stake in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) by 45.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,148 shares of the coupon company's stock after selling 15,071 shares during the quarter. Inspire Investing LLC's holdings in Groupon were worth $341,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Northern Trust Corp increased its holdings in Groupon by 3.3% in the 4th quarter. Northern Trust Corp now owns 232,550 shares of the coupon company's stock valued at $2,825,000 after buying an additional 7,341 shares during the period. BNP Paribas Financial Markets bought a new stake in Groupon in the 4th quarter valued at $422,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Groupon by 32.9% in the 4th 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 period. California State Teachers Retirement System increased its holdings in Groupon by 6.8% in the 4th quarter. California State Teachers Retirement System now owns 23,897 shares of the coupon company's stock valued at $290,000 after buying an additional 1,526 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of Groupon by 48,700.0% in the 1st quarter. GAMMA Investing LLC now owns 5,856 shares of the coupon company's stock worth $1,100,000 after purchasing an additional 5,844 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Groupon Trading Up 0.4%

Groupon stock traded up $0.10 during trading hours on Friday, reaching $22.52. 1,887,780 shares of the company's stock traded hands, compared to its average volume of 1,289,549. The company has a debt-to-equity ratio of 4.16, a quick ratio of 0.96 and a current ratio of 0.96. Groupon, Inc. has a fifty-two week low of $7.75 and a fifty-two week high of $43.08. The firm has a market capitalization of $910.48 million, a price-to-earnings ratio of -93.83 and a beta of 0.68. The firm's 50 day moving average is $28.45 and its 200-day moving average is $25.93.

Groupon (NASDAQ:GRPN - Get Free Report) last released its earnings results on Wednesday, August 6th. The coupon company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.48. Groupon had a negative net margin of 1.89% and a negative return on equity of 19.61%. The company had revenue of $125.70 million for the quarter, compared to the consensus estimate of $122.46 million. On average, analysts predict that Groupon, Inc. will post -0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.