Groupon Inc. (NASDAQ:GRPN) rose 3.2% on Monday . The company traded as high as $5.94 and last traded at $5.87, with a volume of 13,978,178 shares changing hands. The stock had previously closed at $5.69.

GRPN has been the topic of a number of research analyst reports. Macquarie boosted their price objective on shares of Groupon from $3.50 to $5.00 and gave the company an “outperform” rating in a report on Friday, April 15th. Zacks Investment Research lowered shares of Groupon from a “buy” rating to a “hold” rating in a report on Monday, April 25th. Vetr lowered shares of Groupon from a “strong-buy” rating to a “buy” rating and set a $5.12 price target on the stock. in a report on Tuesday, April 26th. Piper Jaffray Cos. reaffirmed a “hold” rating and issued a $4.00 price target on shares of Groupon in a report on Thursday, April 28th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $4.00 price target on shares of Groupon in a report on Friday, April 29th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $6.44.

The stock’s market capitalization is $3.37 billion. The stock has a 50 day moving average price of $3.80 and a 200 day moving average price of $3.72.

Groupon (NASDAQ:GRPN) last released its quarterly earnings data on Wednesday, July 27th. The coupon company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $756.03 million for the quarter, compared to analysts’ expectations of $710.94 million. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.02 EPS. Analysts forecast that Groupon Inc. will post ($0.01) earnings per share for the current fiscal year.

In related news, Director Peter J. Barris sold 640,045 shares of the business’s stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $3.22, for a total transaction of $2,060,944.90. Following the sale, the director now owns 116,923 shares of the company’s stock, valued at $376,492.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Brian Stevens sold 10,000 shares of the business’s stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $3.50, for a total transaction of $35,000.00. Following the sale, the chief accounting officer now directly owns 117,170 shares in the company, valued at approximately $410,095. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Groupon stock. Swiss National Bank increased its position in Groupon Inc. (NASDAQ:GRPN) by 3.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 634,766 shares of the coupon company’s stock after buying an additional 18,400 shares during the period. Swiss National Bank owned about 0.10% of Groupon worth $1,949,000 as of its most recent SEC filing.

Groupon, Inc operates online local commerce marketplaces throughout the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, the Middle East and Africa, and international operations (Rest of World).

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