UP!
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Type
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Public |
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| Traded as | NASDAQ: SALE |
| Industry | Online coupons |
| Founded | October 27, 2006 (2006-10-27) Austin, Texas, U.S. |
| Founder | Cotter Cunningham |
| Headquarters | Austin, Texas, U.S. |
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Area served
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Worldwide |
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Key people
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| Services | Online services |
| Revenue |  US$ 249.1 million (2015) |
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Number of employees
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~500 (2015) |
| Website | RetailMeNot.com |
| Footnotes / references |
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Coordinates: 30°15′58″N 82°15′21″E / 30.26598°N 82.25588°E / 30.26598; 82.25588
RetailMeNot, Inc. (formerly Whaleshark Media) is an American multinational company headquartered in Austin, that maintains a collection of coupon web sites. The company was founded by Cotter Cunningham. The company owns RetailMeNot.com and VoucherCodes.co.uk, the largest coupon sites in the US and UK, respectively, and acquires coupon sites and third-party software.
RetailMeNot was established to aggregate coupon offers and make them available to consumers. It distributes over 500,000 coupons from over 50,000 stores in retail categories including accessories, automotive, baby products, beauty products, clothing, electronics, furniture, health, home & garden, jewelry, pets, photography, toys and travel.
Founded in 2006 by Australian entrepreneurs Guy King and Bevan Clark. The two had previously collaborated on BugMeNot, a site that allowed users to share fake identities in order to avoid website registrations and content paywalls, and a content management system CushyCMS. The company was acquired by Whaleshark Media in 2010.The company raised $300 million in funding from Austin Ventures, Norwest Venture Partners, Adams Street Partners, Institutional Venture Partners, JP Morgan and Google Ventures. Eventually acquiring the already established coupon site RetailMeNot.com from Australia, the company changed its name in 2013 to RetailMeNot.
As Whaleshark Media, the company acquired sites in the US and Europe. After changing its name to RetailMeNot in June 2013 for branding purposes, the company filed an IPO for $230 million in 2013.
Mary Kay Cosmetics sued affiliate site RetailMeNot in federal court for displaying coupons on their site despite the fact they have been asked to take them down. Mary Kay's position is that the display of Mary Kay coupons misleads consumers and harms the brand and its relationship with its sales reps (independent consultants) in several ways. The lawsuit was resolved after several months by way of confidential settlement.
RetailMeNot's acquisitions include:
| 2016-07-11 | Reiterated Rating | Jefferies Group | Buy | |
| 2016-06-13 | Reiterated Rating | Jefferies Group | Buy | |
| 2016-05-04 | Reiterated Rating | Credit Suisse | Hold | |
| 2016-05-04 | Reiterated Rating | Credit Suisse Group AG | Hold | |
| 2016-04-09 | Reiterated Rating | Wedbush | Hold | $7.00 |
| 2016-04-09 | Reiterated Rating | Morgan Stanley | Hold | |
| 2016-02-22 | Initiated Coverage | Wedbush | Neutral | $7.00 |
| 2016-02-11 | Reiterated Rating | Jefferies | Buy | $13.00 to $10.00 |
| 2016-02-11 | Reiterated Rating | Jefferies Group | Buy | $13.00 to $10.00 |
| 2016-02-10 | Lower Price Target | Credit Suisse | Neutral | $15.00 to $12.00 |
| 2016-02-10 | Lower Price Target | Jefferies Group | Buy | $13.00 to $10.00 |
| 2016-02-09 | Downgrade | Topeka Capital Markets | Buy to Hold | $20.00 to $7.00 |
| 2015-11-03 | Reiterated Rating | RBC Capital | Hold | $12.00 |
| 2015-11-03 | Reiterated Rating | Royal Bank Of Canada | Hold | $12.00 |
| 2015-11-02 | Lower Price Target | Wunderlich | Buy | $32.00 to $28.00 |
| 2015-11-02 | Lower Price Target | Jefferies Group | Buy | $33.00 to $30.00 |
| 2015-08-06 | Reiterated Rating | RBC Capital | Sector Perform | $21.00 to $12.00 |
| 2015-08-05 | Downgrade | William Blair | Outperform to Market Perform | |
| 2015-07-14 | Initiated Coverage | Morgan Stanley | Equal to Equal Weight | $18.00 |
| 2015-05-27 | Initiated Coverage | Topeka Capital Markets | Buy | $28.00 |
| 2015-05-06 | Set Price Target | Jefferies Group | Buy | $30.00 |
| 2015-05-05 | Set Price Target | RBC Capital | Sector Perform | $17.00 to $21.00 |
| 2015-04-08 | Set Price Target | Wunderlich | Buy | $28.00 |
| 2015-02-24 | Initiated Coverage | BWS Financial | Buy | $26.00 |
| 2015-02-11 | Lower Price Target | Wunderlich | Buy | $32.00 to $28.00 |
| 2015-02-10 | Reiterated Rating | RBC Capital | Sector Perform | $17.00 |
| 2015-02-10 | Reiterated Rating | William Blair | Outperform | |
| 2014-11-04 | Lower Price Target | RBC Capital | Sector Perform | $24.00 to $19.00 |
| 2014-11-04 | Reiterated Rating | Credit Suisse | Neutral | $32.00 to $28.00 |
| 2014-11-04 | Reiterated Rating | Wunderlich | Buy | $48.00 to $32.00 |
| 2014-11-04 | Downgrade | Goldman Sachs | Buy to Neutral | $19.00 |
| 2014-11-04 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $19.00 |
| 2014-08-13 | Initiated Coverage | Stifel Nicolaus | Hold | |
| 2014-08-05 | Reiterated Rating | Jefferies Group | Buy | $47.00 to $36.00 |
| 2014-08-05 | Reiterated Rating | Credit Suisse | Neutral | $43.00 to $32.00 |
| 2014-08-05 | Reiterated Rating | Goldman Sachs | Buy | |
| 2014-08-05 | Downgrade | RBC Capital | Outperform to Sector Perform | $42.00 to $24.00 |
| 2014-05-23 | Downgrade | Stifel Nicolaus | Buy to Hold | $27.00 to $42.00 |
| 2014-05-06 | Boost Price Target | Wunderlich | Buy | $44.00 to $48.00 |
| 2014-03-03 | Reiterated Rating | Wunderlich | Buy | $44.00 |
| 2014-02-07 | Boost Price Target | Credit Suisse | $38.00 to $43.00 | |
| 2014-02-07 | Boost Price Target | Wunderlich | Buy | $38.00 to $44.00 |
| 2014-02-07 | Boost Price Target | RBC Capital | $33.00 to $42.00 | |
| 2014-02-07 | Boost Price Target | Jefferies Group | $40.00 to $47.00 | |
| 2014-01-27 | Upgrade | Goldman Sachs | Neutral to Buy | $32.00 to $40.00 |
| 2014-01-03 | Upgrade | RBC Capital | Sector Perform to Outperform | $33.00 |
| 2013-12-20 | Initiated Coverage | Wunderlich | Buy | $38.00 |
| 2013-11-06 | Boost Price Target | Credit Suisse | Neutral | $34.00 to $38.00 |
| 2013-11-06 | Reiterated Rating | Jefferies Group | Buy | $40.00 |
| 2013-11-06 | Boost Price Target | Stifel Nicolaus | Buy | $38.00 to $40.00 |
| 2016-07-11 | Reiterated Rating | Jefferies Group | Buy | |
| 2016-06-13 | Reiterated Rating | Jefferies Group | Buy | |
| 2016-05-04 | Reiterated Rating | Credit Suisse | Hold | |
| 2016-05-04 | Reiterated Rating | Credit Suisse Group AG | Hold | |
| 2016-04-09 | Reiterated Rating | Wedbush | Hold | $7.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In SALE 8 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Fund Advisors | 1.27M |
| BlackRock Institutional Trust Company, N.A. | 0.96M |
| BlackRock Investment Management, LLC | 0.17M |
| ALYDAR PARTNERS LLC | 0.15M |
| RUSSELL FRANK CO/ | 0.14M |
| MANAGED ACCOUNT ADVISORS LLC | 38930 |
| BLACKROCK ADVISORS LLC | 20723 |
| BlackRock Group LTD | 12838 |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| HAQUE PROMOD | 6.66% (3592743) | CYNI / DLGC / FEYE / LC / SALE / |
| Howard Matthew D. | 6.65% (3591493) | LC / MOBL / SALE / |
| J.P. Morgan Digital Growth Fund L.P. | 2.27% (1225476) | SALE / VRNS / |
| J.P. Morgan Investment Management Inc. | 1.17% (632900) | SALE / VRNS / |
| Magaro Michael SVP, Corp Development & IR | 0.10% (53813) | SALE / |
| Bath Jagjit S. Sr. Vice President of Product | 0.09% (50776) | SALE / |
| Pho Steven T SVP of Corporate Development | 0.07% (35776) | SALE / |
| Jeffries Douglas C Chief Financial Officer | 0.07% (35401) | LOCK / SALE / |
| BALIS JILLIAN L. Sr Vice President of Marketing | 0.03% (13776) | SALE / |
UM