Groupon Inc (NASDAQ:GRPN) Q3 2018 Sentiment


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Sentiment for Groupon Inc (NASDAQ:GRPN)

Groupon Inc (NASDAQ:GRPN) institutional sentiment decreased to 1.04 in Q3 2018. Its down -1.71, from 2.75 in 2018Q2. The ratio turned negative, as 94 funds increased and opened new equity positions, while 90 trimmed and sold stock positions in Groupon Inc. The funds in our partner’s database now own: 334.77 million shares, down from 335.27 million shares in 2018Q2. Also, the number of funds holding Groupon Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 33 Reduced: 57 Increased: 57 New Position: 37.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to clients by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. The company has market cap of $1.89 billion. The firm provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It currently has negative earnings. It offers its deal offerings to clients through Websites; search engines; mobile applications and mobile Web browsers, which enable clients to browse, purchase, manage, and redeem deals on their mobile devices; emails; affiliate channels; display advertising; and television and radio advertising.

The stock decreased 1.19% or $0.04 during the last trading session, reaching $3.32. About 2,996 shares traded. Groupon, Inc. (NASDAQ:GRPN) has declined 46.33% since February 26, 2018 and is downtrending. It has underperformed by 46.33% the S&P500.

Mig Capital Llc holds 7.92% of its portfolio in Groupon, Inc. for 15.76 million shares. P2 Capital Partners Llc owns 18.30 million shares or 6.19% of their US portfolio. Moreover, Sessa Capital Im L.P. has 4.07% invested in the company for 8.28 million shares. The Illinois-based Sheffield Asset Management L.L.C. has invested 3.34% in the stock. Harber Asset Management Llc, a New York-based fund reported 2.44 million shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $14.92 million activity.

Groupon, Inc. (NASDAQ:GRPN) Ratings Coverage

Ratings analysis reveals 0 of Groupon’s analysts are positive. Out of 4 Wall Street analysts rating Groupon, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $3.5 while the high is $4. The stock’s average target of $3.75 is 12.95% above today’s ($3.32) share price. GRPN was included in 4 notes of analysts from September 14, 2018. Credit Suisse maintained the shares of GRPN in report on Thursday, February 14 with “Hold” rating. The stock has “Hold” rating by Morgan Stanley on Thursday, February 14.

More notable recent Groupon, Inc. (NASDAQ:GRPN) news were published by: Seekingalpha.com which released: “Groupon reports mixed Q3; Global units -11% Y/Y – Seeking Alpha” on November 07, 2018, also Nasdaq.com with their article: “Earnings Reaction History: Groupon, Inc., 63.6% Follow-Through Indicator, 13.3% Sensitive – Nasdaq” published on February 12, 2019, Nasdaq.com published: “Bull of the Day: Groupon (GRPN) – Nasdaq” on June 04, 2018. More interesting news about Groupon, Inc. (NASDAQ:GRPN) were released by: Benzinga.com and their article: “35 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” published on February 13, 2019 as well as Nasdaq.com‘s news article titled: “Amazon to Deliver Enhanced Smart Home Experience With eero – Nasdaq” with publication date: February 12, 2019.

Groupon, Inc. (NASDAQ:GRPN) Institutional Positions Chart

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