Groupon Inc’s filing revealed 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 $0.59 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 Friday, Groupon Inc [NASDAQ:GRPN] saw its stock fall -2.65% to $10.65. Over the last five days, the stock has lost -12.42%. Groupon Inc shares have fallen nearly -12.35% since the year began. Nevertheless, the stocks have fallen -9.59% 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 01/17/25. SMA at 50 days reached $10.86, while 200 days put it at $12.37.
Levels Of Support And Resistance For GRPN Stock
The 24-hour chart illustrates a support level at 10.37, which if violated will result in even more drops to 10.08. On the upside, there is a resistance level at 11.10. A further resistance level may holdings at 11.54. The Relative Strength Index (RSI) on the 14-day chart is 41.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.59%. Stochastics %K at 11.02% indicates the stock is a buying.
How much short interest is there in Groupon Inc?
A steep rise in short interest was recorded in Groupon Inc stocks on 2024-12-31, dropping by -3.03 million shares to a total of 7.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 11.02 million shares. There was a decline of -37.95%, which implies that there is a negative sentiment for the stock.
