Groupon Inc’s filing revealed that its Interim CEO Senkypl Dusan acquired Company’s shares for reported $1.34 million on Nov 20 ’23. In the deal valued at $9.74 per share,137,946 shares were bought. As a result of this transaction, Senkypl Dusan now holds 7,040,310 shares worth roughly $73.01 million.
Then, Senkypl Dusan bought 24,803 shares, generating $235,616 in total proceeds. Upon buying the shares at $9.50, the Interim CEO now owns 6,902,364 shares.
Before that, Senkypl Dusan bought 160,595 shares. Groupon Inc shares valued at $1,490,702 were divested by the Interim CEO at a price of $9.28 per share. As a result of the transaction, Senkypl Dusan now holds 6,877,561 shares, worth roughly $71.32 million.
ROTH MKM initiated its Groupon Inc [GRPN] rating to a Buy in a research note published on October 13, 2023; the price target was $30. JP Morgan revised its rating on March 01, 2021. It rated GRPN as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of GRPN
On Friday, Groupon Inc [NASDAQ:GRPN] saw its stock fall -3.08% to $10.37. Over the last five days, the stock has lost -7.33%. Groupon Inc shares have fallen nearly -19.24% since the year began. Nevertheless, the stocks have risen 178.76% over the past one year. While a 52-week high of $19.56 was reached on 03/13/24, a 52-week low of $2.89 was recorded on 04/12/24. SMA at 50 days reached $15.47, while 200 days put it at $12.15. A total of 1.42 million shares were traded, compared to the trading of 1.28 million shares in the previous session.
Levels Of Support And Resistance For GRPN Stock
The 24-hour chart illustrates a support level at 10.05, which if violated will result in even more drops to 9.73. On the upside, there is a resistance level at 10.74. A further resistance level may holdings at 11.12. The Relative Strength Index (RSI) on the 14-day chart is 28.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.97%. Stochastics %K at 3.94% indicates the stock is a buying.
