179,290 Shares in Groupon, Inc. (NASDAQ:GRPN) Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Groupon, Inc. (NASDAQ:GRPN - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 179,290 shares of the coupon company's stock, valued at approximately $2,178,000. Generali Investments CEE investicni spolecnost a.s. owned approximately 0.45% of Groupon at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Entropy Technologies LP acquired a new stake in Groupon in the third quarter valued at $145,000. GSA Capital Partners LLP increased its holdings in shares of Groupon by 84.8% in the 3rd quarter. GSA Capital Partners LLP now owns 75,110 shares of the coupon company's stock valued at $735,000 after acquiring an additional 34,456 shares during the last quarter. Marathon Trading Investment Management LLC acquired a new stake in shares of Groupon during the 3rd quarter worth about $195,000. Quantbot Technologies LP purchased a new stake in Groupon during the third quarter worth approximately $814,000. Finally, FMR LLC lifted its stake in Groupon by 112.5% during the third quarter. FMR LLC now owns 5,456 shares of the coupon company's stock worth $53,000 after purchasing an additional 2,888 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GRPN has been the topic of a number of research analyst reports. Northland Securities cut their price objective on shares of Groupon from $20.00 to $17.00 and set an "outperform" rating on the stock in a report on Wednesday, November 13th. The Goldman Sachs Group cut their price target on shares of Groupon from $11.00 to $8.00 and set a "sell" rating on the stock in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Groupon presently has an average rating of "Moderate Buy" and a consensus target price of $17.00.

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Groupon Stock Performance

GRPN traded up $4.21 during trading on Wednesday, hitting $13.98. 11,132,025 shares of the stock were exchanged, compared to its average volume of 1,119,120. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66. Groupon, Inc. has a 1-year low of $7.75 and a 1-year high of $19.56. The stock has a fifty day moving average price of $11.41 and a two-hundred day moving average price of $11.05. The firm has a market capitalization of $555.96 million, a P/E ratio of 27.41 and a beta of 1.41.

About Groupon

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.