Two Sigma Advisers LP Sells 114,982 Shares of Groupon, Inc. (NASDAQ:GRPN)

Two Sigma Advisers LP decreased its position in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) by 71.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,180 shares of the coupon company's stock after selling 114,982 shares during the period. Two Sigma Advisers LP owned approximately 0.12% of Groupon worth $561,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Tyro Capital Management LLC acquired a new stake in Groupon in the fourth quarter valued at about $20,964,000. Prentice Capital Management LP boosted its stake in Groupon by 291.3% in the fourth quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company's stock valued at $9,498,000 after buying an additional 581,943 shares in the last quarter. Prospect Capital Advisors LLC acquired a new stake in Groupon in the fourth quarter valued at about $2,935,000. Northern Trust Corp boosted its stake in Groupon by 3.3% in the fourth 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Groupon by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 200,436 shares of the coupon company's stock valued at $2,435,000 after buying an additional 1,449 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

Analyst Upgrades and Downgrades

GRPN has been the topic of several research analyst reports. The Goldman Sachs Group raised their price objective on Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a research note on Monday, May 12th. Ascendiant Capital Markets lifted their price target on Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a research note on Monday, March 17th. Wall Street Zen lowered Groupon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Roth Capital reissued a "buy" rating on shares of Groupon in a research note on Monday, June 2nd. Finally, Northland Securities lifted their price target on Groupon from $30.00 to $35.00 and gave the company an "outperform" rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Groupon has an average rating of "Moderate Buy" and an average target price of $23.25.

Groupon Trading Up 3.0%

Shares of GRPN traded up $0.97 during mid-day trading on Friday, reaching $32.94. 1,016,418 shares of the company were exchanged, compared to its average volume of 1,410,778. Groupon, Inc. has a 52 week low of $7.75 and a 52 week high of $33.05. The company has a debt-to-equity ratio of 5.66, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $1.31 billion, a PE ratio of 64.59 and a beta of 1.04. The business has a 50 day simple moving average of $22.49 and a two-hundred day simple moving average of $15.71.

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 (EPS) for the quarter, topping 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 company had revenue of $117.19 million during the quarter, compared to the consensus estimate of $115.51 million. On average, analysts predict that Groupon, Inc. will post -0.31 earnings per share for the current fiscal 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.