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 $82.16 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 $80.26 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 jump 1.74% to $11.67. Over the last five days, the stock has gained 22.71%. Groupon Inc shares have fallen nearly -9.11% since the year began. Nevertheless, the stocks have risen 216.26% 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 04/22/24. SMA at 50 days reached $14.41, while 200 days put it at $12.35. A total of 0.91 million shares were traded, compared to the trading of 1.12 million shares in the previous session.
Levels Of Support And Resistance For GRPN Stock
The 24-hour chart illustrates a support level at 11.29, which if violated will result in even more drops to 10.92. On the upside, there is a resistance level at 11.98. A further resistance level may holdings at 12.30. The Relative Strength Index (RSI) on the 14-day chart is 49.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.40%. Stochastics %K at 81.12% indicates the stock is a selling.
