Institutional Investors Negative on on Groupon Inc Dropped


Groupon, Inc. (NASDAQ:GRPN) Logo

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 dropped, as 94 institutional investors increased or started new holdings, while 90 sold and trimmed positions in Groupon Inc. The institutional investors in our partner’s database now possess: 334.77 million shares, down from 335.27 million shares in 2018Q2. Also, the number of institutional investors holding Groupon Inc in their top 10 holdings 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 $1.92 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 increased 3.06% or $0.1 during the last trading session, reaching $3.37. About 10.08 million shares traded or 38.54% up from the average. Groupon, Inc. (NASDAQ:GRPN) has declined 46.33% since March 3, 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 insider purchases, and 2 insider 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 11.28% above today’s ($3.37) share price. GRPN was included in 4 notes of analysts from September 14, 2018. Morgan Stanley maintained Groupon, Inc. (NASDAQ:GRPN) on Thursday, February 14 with “Hold” rating. The rating was maintained by Credit Suisse on Thursday, February 14 with “Hold”.

More notable recent Groupon, Inc. (NASDAQ:GRPN) news were published by: Finance.Yahoo.com which released: “Jim Cramer Gives His Opinion On Groupon, Citigroup And More – Yahoo Finance” on February 01, 2019, also Nasdaq.com with their article: “RSI Alert: Groupon (GRPN) Now Oversold – Nasdaq” published on June 27, 2018, Fool.com published: “3 Things to Watch When Groupon Reports Earnings – Motley Fool” on February 04, 2019. More interesting news about Groupon, Inc. (NASDAQ:GRPN) were released by: Nasdaq.com and their article: “Groupon (GRPN) Reports Next Week: Wall Street Expects Earnings Growth – Nasdaq” published on February 05, 2019 as well as Nasdaq.com‘s news article titled: “Bull of the Day: Groupon (GRPN) – Nasdaq” with publication date: June 04, 2018.

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

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