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.
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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.