Cruiser Capital Advisors LLC Takes $304,000 Position in Groupon, Inc. (NASDAQ:GRPN)

Cruiser Capital Advisors LLC acquired a new stake in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,000 shares of the coupon company's stock, valued at approximately $304,000. Cruiser Capital Advisors LLC owned 0.06% of Groupon as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. New York State Teachers Retirement System purchased a new stake in shares of Groupon during the 4th quarter valued at about $26,000. Picton Mahoney Asset Management grew its position in shares of Groupon by 68.2% during the 4th quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company's stock valued at $30,000 after acquiring an additional 992 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Groupon in the 4th quarter worth $41,000. Amundi increased its stake in shares of Groupon by 35.5% in the 4th quarter. Amundi now owns 3,838 shares of the coupon company's stock worth $47,000 after purchasing an additional 1,006 shares in the last quarter. Finally, FMR LLC lifted its position in Groupon by 112.5% during the third quarter. FMR LLC now owns 5,456 shares of the coupon company's stock valued at $53,000 after purchasing an additional 2,888 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Groupon Price Performance

GRPN stock traded down $0.01 during mid-day trading on Friday, hitting $18.82. The company had a trading volume of 1,439,326 shares, compared to its average volume of 1,351,126. The company has a 50-day moving average price of $12.72 and a 200 day moving average price of $11.43. Groupon, Inc. has a 12-month low of $7.75 and a 12-month high of $18.99. The company has a market capitalization of $749.24 million, a price-to-earnings ratio of 36.90 and a beta of 1.41. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66.

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Analyst Upgrades and Downgrades

GRPN has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their price objective on Groupon from $8.00 to $9.00 and gave the company a "sell" rating in a research report on Friday, March 14th. Ascendiant Capital Markets raised their price target on Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a report on Monday, March 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Groupon presently has a consensus rating of "Moderate Buy" and an average target price of $17.75.

Groupon Company 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.