Local marketplace Groupon (NASDAQ: GRPN) surged in trading on Thursday after the company’s interim CEO, Dusan Senkypl, acquired an additional 437,500 shares at a price of $6 each. According to the company’s filing, Senkypl also acquired another 11,612 shares by vesting some restricted stock units.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Senkypl is also the co-founder of Pale Fire Capital and was appointed as the interim CEO of Groupon in March. Pale Fire also owns shares of Groupon, and Senkypl now beneficially owns around 7 million shares of GRPN between his direct ownership and the Pale Fire shares.
Analysts remain sidelined about GRPN stock with a Hold consensus rating based on one Buy, one Hold, and two Sells.