Pacer Advisors Inc. Takes $2.42 Million Position in Groupon, Inc. $GRPN

Key Points

• Pacer Advisors acquired a new $2.42 million stake in Groupon, purchasing 203,020 shares, while institutional investors collectively own 90.05% of the company.
• Groupon’s quarterly loss of $0.04 per share was better than expected, but revenue of $124.67 million fell short of estimates and declined alongside global billings. Management’s revenue outlook also remains below consensus expectations.
• Analyst sentiment is mixed, with two Buy, one Hold and two Sell ratings, resulting in an overall “Hold” consensus and an average price target of $19.50. Groupon says its AI-focused Project Foundry initiative is beginning to improve customer outcomes and execution.

Pacer Advisors Inc. bought a new stake in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 203,020 shares of the coupon company's stock, valued at approximately $2,416,000. Pacer Advisors Inc. owned 0.53% of Groupon as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of GRPN. Bank of America Corp DE grew its holdings in Groupon by 552.5% in the second quarter. Bank of America Corp DE now owns 1,136,524 shares of the coupon company's stock worth $38,017,000 after purchasing an additional 962,337 shares during the period. Millennium Management LLC raised its holdings in shares of Groupon by 749.0% during the fourth quarter. Millennium Management LLC now owns 791,498 shares of the coupon company's stock valued at $13,938,000 after purchasing an additional 698,270 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Groupon by 464.1% during the first quarter. Renaissance Technologies LLC now owns 619,413 shares of the coupon company's stock valued at $7,371,000 after purchasing an additional 509,600 shares during the period. Vanguard Group Inc. raised its holdings in shares of Groupon by 22.2% during the third quarter. Vanguard Group Inc. now owns 2,108,578 shares of the coupon company's stock valued at $49,235,000 after purchasing an additional 383,277 shares during the period. Finally, ExodusPoint Capital Management LP bought a new position in shares of Groupon during the 4th quarter worth about $5,993,000. 90.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on GRPN. The Goldman Sachs Group restated a "sell" rating and issued a $13.00 target price (up from $10.00) on shares of Groupon in a research note on Tuesday, May 12th. Northland Securities set a $26.00 price target on Groupon in a research note on Wednesday, May 27th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Groupon in a report on Tuesday, June 9th. Wall Street Zen raised Groupon from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Citigroup restated an "outperform" rating on shares of Groupon in a report on Tuesday, June 9th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $19.50.

Groupon News Roundup

Here are the key news stories impacting Groupon this week:

• Positive Sentiment: Groupon reported a second-quarter loss of $0.04 per share, narrowing the expected loss of $0.06 and beating the Zacks consensus estimate of a $0.08 loss. Adjusted EBITDA of $14.8 million was at the high end of management’s guidance. Groupon Reports Q2 Loss, Misses Revenue Estimates
• Positive Sentiment: Management said Project Foundry, Groupon’s AI-focused transformation initiative, is beginning to improve customer outcomes and accelerate execution. Investors may view this as a potential long-term efficiency and growth opportunity. Groupon Reports Second Quarter 2026 Results
• Neutral Sentiment: The company’s earnings call and shareholder update provided additional management commentary on second-quarter performance and its transformation strategy. Groupon Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter revenue was approximately $124.7 million, below analysts’ $127.1 million expectation. Global revenue and billings each declined 1%, while the company posted a $1.5 million loss from continuing operations; year-earlier EPS was $0.46. Groupon Q2 Earnings Snapshot
• Negative Sentiment: Groupon’s third-quarter revenue outlook of $128 million to $130 million is below the $131.9 million consensus estimate. Full-year revenue guidance of $513 million to $523 million also centers slightly below consensus, reinforcing concerns about sluggish top-line growth. Groupon Q2 Earnings Key Metrics

Groupon Trading Down 0.5%

Groupon stock opened at $25.03 on Friday. Groupon, Inc. has a 1-year low of $9.17 and a 1-year high of $37.06. The firm has a market capitalization of $950.64 million, a price-to-earnings ratio of -8.05 and a beta of 0.23. The firm's fifty day moving average price is $22.91 and its two-hundred day moving average price is $17.10.

Groupon (NASDAQ:GRPN - Get Free Report) last posted its earnings results on Thursday, August 6th. The coupon company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.02. The business had revenue of $124.67 million for the quarter, compared to the consensus estimate of $127.09 million. On average, research analysts forecast that Groupon, Inc. will post -0.17 EPS for the current year.

Groupon Profile

Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform's targeted marketing tools and large subscriber base to promote special offers and vouchers.

Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source