In a filing, Groupon Inc revealed 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 $0.93 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 -5.84% to $16.78. Over the last five days, the stock has lost -7.29%. Groupon Inc shares have risen nearly 38.11% since the year began. Nevertheless, the stocks have risen 50.90% over the past one year. While a 52-week high of $20.22 was reached on 04/25/25, a 52-week low of $7.75 was recorded on 03/11/25. SMA at 50 days reached $16.11, while 200 days put it at $12.70.
Levels Of Support And Resistance For GRPN Stock
The 24-hour chart illustrates a support level at 16.45, which if violated will result in even more drops to 16.13. On the upside, there is a resistance level at 17.39. A further resistance level may holdings at 18.01. The Relative Strength Index (RSI) on the 14-day chart is 41.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.64%. Stochastics %K at 35.45% indicates the stock is a holding.
