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Groupon (NASDAQ:GRPN) Director Jeffrey T. Housenbold bought 16,000 shares of the company’s stock on the open market in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $5.79 per share, with a total value of $92,640.00. Following the purchase, the director now directly owns 38,889 shares of the company’s stock, valued at approximately $225,167. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of research firms have recently commented on GRPN. Analysts at Zacks reiterated a “neutral” rating on shares of Groupon in a research note on Friday, August 8th. They now have a $6.25 price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Groupon in a research note on Wednesday, August 6th. They now have a $6.50 price target on the stock, down previously from $10.00. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Groupon in a research note on Wednesday, August 6th. They now have a $7.00 price target on the stock, down previously from $8.00. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $8.36.

Shares of Groupon (NASDAQ:GRPN) traded up 1.39% on Thursday, hitting $5.84. 7,972,121 shares of the company’s stock traded hands. Groupon has a one year low of $5.18 and a one year high of $12.76. The stock has a 50-day moving average of $6.3 and a 200-day moving average of $7.36. The company’s market cap is $3.909 billion. Groupon also saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totalling 84,837,914 shares, a decline of 4.0% from the July 15th total of 88,389,748 shares. Based on an average daily trading volume, of 12,274,217 shares, the short-interest ratio is presently 6.9 days. Approximately 18.6% of the company’s stock are short sold.

Groupon (NASDAQ:GRPN) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. The company had revenue of $751.60 million for the quarter, compared to the consensus estimate of $762.07 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 23.5% on a year-over-year basis. On average, analysts predict that Groupon will post $0.08 earnings per share for the current fiscal year.

Groupon, Inc (NASDAQ:GRPN) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount.

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