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 $1.45 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 jump 4.20% to $26.04. Over the last five days, the stock has gained 55.18%. Groupon Inc shares have risen nearly 114.32% since the year began. Nevertheless, the stocks have risen 142.68% over the past one year. While a 52-week high of $25.35 was reached on 05/12/25, a 52-week low of $7.75 was recorded on 03/11/25. SMA at 50 days reached $17.14, while 200 days put it at $12.82.
Levels Of Support And Resistance For GRPN Stock
The 24-hour chart illustrates a support level at 25.23, which if violated will result in even more drops to 24.42. On the upside, there is a resistance level at 26.62. A further resistance level may holdings at 27.21. The Relative Strength Index (RSI) on the 14-day chart is 79.33, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.51%. Stochastics %K at 96.90% indicates the stock is a selling.
