On June 13, Groupon Inc (NASDAQ:GRPN) CEO Eric P. Lefkofsky sold 454,166 shares of Groupon stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $6.16, for a total value of $2,797,662.56. Following the completion of the transaction, the chief executive officer now directly owns 31,455 shares of the company’s stock, valued at approximately $193,763. Groupon Inc (NASDAQ:GRPN) net profit margin is -4.70% and weekly performance is 7.03%. On last trading day company shares ended up $6.24. Analysts mean target price for the company is $8.76. Groupon Inc (NASDAQ:GRPN) distance from 50-day simple moving average (SM 6.24 A50) is -5.31%.
On June 12, Activision Publishing, a subsidiary of Activision Blizzard, Inc (NASDAQ:ATVI) became the leading videogame franchise in 2013 according to the NPD Group. The Company is all set to begin the 2014 Electronic Entertainment Expo (E3 Expo) with a series of new videogames. Activision Blizzard, Inc. (NASDAQ:ATVI) shares advanced 0.42% in last trading session and ended the day on $21.41. Gross Margin is 66.70% and its return on assets is 8.90%. Activision Blizzard, Inc. (NASDAQ:ATVI) quarterly performance is 2.93%.
Oracle Corporation (NYSE:ORCL) has warned that companies that fail to keep up with advances in enterprise mobility risk the same fate as Netware or Novell – firms that suffered because they had no strategy to fully exploit the shift from text-based interfaces to GUIs. Oracle Corporation (NYSE:ORCL) shares moved up 0.33% in last trading session and was closed at $42.14, while trading in range of $41.71 – $42.18. Oracle Corporation (NYSE:ORCL) year to date (YTD) performance is 10.81%.
On June 12, Deutsche Bank reaffirmed their buy rating on shares of EOG Resources Inc (NYSE:EOG) in a report released on Wednesday. Deutsche Bank currently has a $118.00 price objective on the stock, up from their previous price objective of $109.00. EOG Resources Inc (NYSE:EOG) ended the last trading day at $114.02. Company weekly volatility is calculated as 2.04% and price to cash ratio as 37.38. EOG Resources Inc (NYSE:EOG) showed a positive weekly performance of 4.30%.
COO Hakan Edstrom spoke of MannKind Corporation (NASDAQ:MNKD) being in serious negotiations with multiple potential partners and identified some of them as already in the diabetic market, which likely means Big Pharma. The world populations of the diabetic market are expected to grow enormously over the next 20 years. MannKind Corporation (NASDAQ:MNKD) weekly performance is 2.33%. On last trading day company shares ended up $10.52. Analysts mean target price for the company is $9.06. MannKind Corporation (NASDAQ:MNKD) distance from 50-day simple moving average (SMA50) is 41.92%.