Groupon (GRPN) Shareholder Ulysses Management Has Decreased Position by $1.38 Million as Stock Value Declined; Alibaba Group Hldg LTD (Call) (BABA) Holder Jet Capital Investors LP Has Cut Its Stake as Shares Rose

January 14, 2018 - By Richard Conner

Joshua Nash decreased its stake in Groupon Inc (GRPN) by 18.33% based on its latest 2017Q3 regulatory filing with the SEC. Ulysses Management Llc sold 275,000 shares as the company’s stock declined 28.76% while stock markets rallied. The hedge fund run by Joshua Nash held 1.23M shares of the technology company at the end of 2017Q3, valued at $6.37 million, down from 1.50 million at the end of the previous reported quarter. Ulysses Management Llc who had been investing in Groupon Inc for a number of months, seems to be less bullish one the $2.85 billion market cap company. The stock decreased 2.67% or $0.14 during the last trading session, reaching $5.11. About 10.97M shares traded or 28.82% up from the average. Groupon, Inc. (NASDAQ:GRPN) has declined 2.35% since January 14, 2017 and is downtrending. It has underperformed by 19.05% the S&P500.

Matthew Mark decreased its stake in Alibaba Group Hldg Ltd (Call) (BABA) by 60% based on its latest 2017Q3 regulatory filing with the SEC. Jet Capital Investors LP sold 300,000 shares as the company’s stock rose 22.58% with the market. The hedge fund run by Matthew Mark held 200,000 shares of the business services company at the end of 2017Q3, valued at $34.54 million, down from 500,000 at the end of the previous reported quarter. Jet Capital Investors LP who had been investing in Alibaba Group Hldg Ltd (Call) for a number of months, seems to be less bullish one the $481.84 billion market cap company. The stock decreased 0.51% or $0.96 during the last trading session, reaching $187.79. About 11.79M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 14, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Among 26 analysts covering Groupon Inc (NASDAQ:GRPN), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Groupon Inc had 65 analyst reports since August 5, 2015 according to SRatingsIntel. Wedbush initiated the stock with “Neutral” rating in Tuesday, February 23 report. RBC Capital Markets maintained Groupon, Inc. (NASDAQ:GRPN) on Tuesday, July 18 with “Hold” rating. As per Wednesday, July 26, the company rating was maintained by Morgan Stanley. The stock has “Buy” rating by Piper Jaffray on Thursday, September 21. The firm has “Neutral” rating given on Monday, August 10 by UBS. The rating was upgraded by Piper Jaffray to “Overweight” on Monday, July 18. As per Monday, August 10, the company rating was maintained by Credit Suisse. The firm earned “Buy” rating on Wednesday, November 4 by Brean Capital. The firm has “Neutral” rating by Citigroup given on Thursday, November 2. The firm has “Neutral” rating given on Wednesday, November 4 by UBS.

Analysts await Groupon, Inc. (NASDAQ:GRPN) to report earnings on February, 21. They expect $0.05 EPS, up 66.67% or $0.02 from last year’s $0.03 per share. GRPN’s profit will be $27.92M for 25.55 P/E if the $0.05 EPS becomes a reality. After $-0.01 actual EPS reported by Groupon, Inc. for the previous quarter, Wall Street now forecasts -600.00% EPS growth.

Since August 8, 2017, it had 0 buys, and 5 sales for $9.07 million activity. 10,000 shares were sold by Stevens Brian, worth $40,400. Another trade for 25,000 shares valued at $122,500 was sold by Sullivan James. 562,719 Groupon, Inc. (NASDAQ:GRPN) shares with value of $2.23 million were sold by BARRIS PETER J.

Investors sentiment decreased to 0.72 in Q3 2017. Its down 0.22, from 0.94 in 2017Q2. It fall, as 28 investors sold GRPN shares while 60 reduced holdings. 31 funds opened positions while 32 raised stakes. 286.63 million shares or 6.11% more from 270.13 million shares in 2017Q2 were reported. Fmr Lc reported 0.05% of its portfolio in Groupon, Inc. (NASDAQ:GRPN). 43,368 are held by Amalgamated Bankshares. New York-based Soros Fund Management Ltd has invested 0.01% in Groupon, Inc. (NASDAQ:GRPN). Jfs Wealth Ltd stated it has 0% in Groupon, Inc. (NASDAQ:GRPN). Macquarie Grp holds 0% of its portfolio in Groupon, Inc. (NASDAQ:GRPN) for 111,400 shares. First Tru Advsr Ltd Partnership stated it has 0.16% in Groupon, Inc. (NASDAQ:GRPN). Exane Derivatives, France-based fund reported 506 shares. Dubuque National Bank Trust has invested 0.01% in Groupon, Inc. (NASDAQ:GRPN). 1.47M were reported by State Bank Of New York Mellon Corp. Teacher Retirement System Of Texas has 0% invested in Groupon, Inc. (NASDAQ:GRPN) for 34,696 shares. Sg Capital Management Lc, Illinois-based fund reported 3.22 million shares. Valley National Advisers Incorporated reported 670 shares. 21,813 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Aqr Mgmt Lc holds 185,174 shares or 0% of its portfolio. Par Cap Mngmt accumulated 0.2% or 3.37M shares.

Ulysses Management Llc, which manages about $1.47 billion and $919.89 million US Long portfolio, upped its stake in Powershares Qqq Trust (Put) (QQQ) by 302,500 shares to 332,500 shares, valued at $48.36M in 2017Q3, according to the filing. It also increased its holding in Bank Of California Inc (NYSE:BANC) by 100,000 shares in the quarter, for a total of 470,000 shares, and has risen its stake in Ericsson (NASDAQ:ERIC).

Jet Capital Investors L P, which manages about $1.55 billion and $2.12B US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (Put) (SPY) by 1.28M shares to 1.48M shares, valued at $371.85M in 2017Q3, according to the filing. It also increased its holding in Kraft Heinz Co by 188,656 shares in the quarter, for a total of 288,656 shares, and has risen its stake in Time Warner Inc (NYSE:TWX).

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on January, 23. They expect $1.45 EPS, up 33.03% or $0.36 from last year’s $1.09 per share. BABA’s profit will be $3.72 billion for 32.38 P/E if the $1.45 EPS becomes a reality. After $1.02 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

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