Groupon Inc (NASDAQ:GRPN) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 43,095,476 shares, a growth of 18.9% from the November 15th total of 36,243,208 shares. Based on an average trading volume of 7,827,223 shares, the short-interest ratio is currently 5.5 days. Approximately 10.1% of the shares of the company are sold short.

In other Groupon news, CAO Brian Stevens sold 20,000 shares of the stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $5.71, for a total value of $114,200.00. Following the transaction, the chief accounting officer now directly owns 222,354 shares in the company, valued at $1,269,641.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric P. Lefkofsky sold 1,500,000 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $5.77, for a total transaction of $8,655,000.00. The disclosure for this sale can be found here. Insiders sold 1,570,000 shares of company stock worth $9,023,950 over the last quarter. Insiders own 23.40% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of GRPN. Aperio Group LLC grew its stake in Groupon by 4.6% during the second quarter. Aperio Group LLC now owns 28,844 shares of the coupon company’s stock valued at $111,000 after acquiring an additional 1,268 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Groupon by 33.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,978,469 shares of the coupon company’s stock valued at $7,598,000 after acquiring an additional 498,238 shares in the last quarter. SG Americas Securities LLC grew its stake in Groupon by 24.9% during the second quarter. SG Americas Securities LLC now owns 39,212 shares of the coupon company’s stock valued at $151,000 after acquiring an additional 7,813 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Groupon by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 1,449,707 shares of the coupon company’s stock valued at $5,567,000 after acquiring an additional 25,642 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in Groupon by 234.9% during the second quarter. BNP Paribas Arbitrage SA now owns 51,877 shares of the coupon company’s stock valued at $199,000 after acquiring an additional 36,388 shares in the last quarter. 60.04% of the stock is owned by institutional investors.

A number of analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of Groupon from $5.00 to $5.50 and gave the stock a “neutral” rating in a research note on Thursday, November 2nd. Gabelli assumed coverage on shares of Groupon in a research note on Tuesday, October 17th. They issued a “buy” rating and a $7.00 price objective for the company. TheStreet raised shares of Groupon from a “d” rating to a “c-” rating in a research note on Thursday, November 2nd. Vetr raised shares of Groupon from a “hold” rating to a “buy” rating and set a $6.09 price objective for the company in a research note on Monday, December 4th. Finally, Wedbush reissued a “positive” rating and issued a $4.08 price objective (down from $4.50) on shares of Groupon in a research note on Wednesday, August 23rd. Six analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Groupon currently has a consensus rating of “Hold” and a consensus target price of $5.02.

Groupon (NASDAQ:GRPN) opened at $5.55 on Wednesday. Groupon has a 52 week low of $2.90 and a 52 week high of $5.99. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.99.

Groupon (NASDAQ:GRPN) last posted its earnings results on Wednesday, November 1st. The coupon company reported $0.01 earnings per share for the quarter. The company had revenue of $634.46 million during the quarter, compared to analysts’ expectations of $642.62 million. Groupon had a negative net margin of 2.97% and a negative return on equity of 1.47%. Groupon’s quarterly revenue was down 7.6% on a year-over-year basis. During the same period last year, the company posted ($0.01) earnings per share. research analysts expect that Groupon will post -0.02 earnings per share for the current fiscal year.

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About Groupon

Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).

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