Cruiser Capital Advisors LLC Acquires New Holdings in Groupon, Inc. (NASDAQ:GRPN)

Cruiser Capital Advisors LLC bought a new position in shares of Groupon, Inc. (NASDAQ:GRPN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 25,000 shares of the coupon company’s stock, valued at approximately $304,000. Cruiser Capital Advisors LLC owned 0.06% of Groupon at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. New York State Teachers Retirement System acquired a new position in shares of Groupon in the 4th quarter worth approximately $26,000. Picton Mahoney Asset Management raised its position in Groupon by 68.2% in the fourth quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company’s stock valued at $30,000 after purchasing an additional 992 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Groupon during the fourth quarter worth $41,000. Amundi boosted its position in shares of Groupon by 35.5% during the fourth quarter. Amundi now owns 3,838 shares of the coupon company’s stock worth $47,000 after buying an additional 1,006 shares during the period. Finally, FMR LLC grew its stake in shares of Groupon by 112.5% in the third quarter. FMR LLC now owns 5,456 shares of the coupon company’s stock valued at $53,000 after buying an additional 2,888 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Groupon Price Performance

Shares of NASDAQ GRPN opened at $17.99 on Tuesday. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $716.20 million, a price-to-earnings ratio of 35.28 and a beta of 1.41. The stock’s 50-day moving average is $12.11 and its two-hundred day moving average is $11.22. Groupon, Inc. has a 1-year low of $7.75 and a 1-year high of $18.47.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. The Goldman Sachs Group increased their target price on Groupon from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Friday, March 14th. Ascendiant Capital Markets lifted their price objective on shares of Groupon from $14.00 to $19.00 and gave the company a “buy” rating in a report on Monday, March 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.75.

Groupon Company Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.