Groupon CEO sells $5 million worth of stock

By
A A A

Bobby Raines 01/15/2014

Eric Lefkofsky, the CEO of Groupon ( GRPN ) sold 454,166 shares of the company's common stock between Jan. 13 adn Jan. 14. At prices between $11.21 and $11.33, Lefkofsky pulled in $5,118,451 from the sale.

IK-> The technicals for GRPN ($11.11 down $0.29) are bullish with a downward trend. Recent support has been around $10.82 and recent resistance has been around $11.63. Standard & Poor's does not follow the stock. Look at the April 14/17 bear-call spread for a 25-cent credit. That's a 9.09% return and the stock has to rise 26% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: GRPN

InvestorsObserver

InvestorsObserver

More from InvestorsObserver:

Related Videos

Stocks

Referenced

Most Active by Volume

85,117,424
  • $6.78 ▲ 11.88%
77,261,676
  • $17.53 ▲ 1.56%
61,066,548
  • $6.90 ▲ 2.99%
56,847,440
  • $112.65 ▲ 2.96%
52,788,366
  • $7.78 ▲ 1.83%
50,761,400
  • $25.14 ▲ 2.91%
47,781,237
  • $45.35 ▲ 10.18%
45,664,909
  • $7.17 ▲ 2.14%
As of 12/18/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com