Groupon Inc’s recent filing unveils that its Director Harinstein Jason acquired Company’s shares for reported $0.16 million on Aug 08 ’24. In the deal valued at $10.61 per share,15,000 shares were bought. As a result of this transaction, Harinstein Jason now holds 55,658 shares worth roughly $0.64 million.
Then, Bass Robert J sold 4,583 shares, generating $52,017 in total proceeds. Upon selling the shares at $11.35, the Director now owns 104,731 shares.
Before that, ROBERT BASS bought 4,583 shares. Groupon Inc shares valued at $52,021 were divested by the Director at a price of $11.35 per share.
Northland Capital initiated its Groupon Inc [GRPN] rating to an Outperform in a research note published on July 10, 2024; the price target was $22. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating.
Price Performance Review of GRPN
On Monday, Groupon Inc [NASDAQ:GRPN] saw its stock fall -5.35% to $11.51. Over the last five days, the stock has lost -4.56%. Groupon Inc shares have fallen nearly -5.27% since the year began. Nevertheless, the stocks have fallen -12.34% over the past one year. While a 52-week high of $19.56 was reached on 01/07/25, a 52-week low of $7.75 was recorded on 01/13/25. SMA at 50 days reached $10.83, while 200 days put it at $12.41.
Levels Of Support And Resistance For GRPN Stock
The 24-hour chart illustrates a support level at 11.28, which if violated will result in even more drops to 11.04. On the upside, there is a resistance level at 11.87. A further resistance level may holdings at 12.22. The Relative Strength Index (RSI) on the 14-day chart is 49.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.42%. Stochastics %K at 71.18% indicates the stock is a holding.
How much short interest is there in Groupon Inc?
A steep rise in short interest was recorded in Groupon Inc stocks on 2024-12-13, dropping by -2.55 million shares to a total of 8.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.65 million shares. There was a decline of -31.5%, which implies that there is a negative sentiment for the stock.
