GrowGeneration (NASDAQ:GRWG) CEO Sells $91,029.40 in Stock

GrowGeneration Corp. (NASDAQ:GRWG) CEO Darren Lampert sold 56,540 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $1.61, for a total value of $91,029.40. Following the sale, the chief executive officer owned 1,651,702 shares of the company’s stock, valued at approximately $2,659,240.22. The trade was a 3.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Darren Lampert also recently made the following trade(s):

• On Wednesday, November 12th, Darren Lampert sold 70,280 shares of GrowGeneration stock. The stock was sold at an average price of $1.74, for a total transaction of $122,287.20.

GrowGeneration Trading Up 0.3%

Shares of GRWG stock traded up $0.01 on Friday, reaching $1.66. The company had a trading volume of 242,048 shares, compared to its average volume of 645,430. The stock has a market cap of $99.04 million, a PE ratio of -2.47 and a beta of 3.12. The company has a 50-day moving average of $1.67 and a 200-day moving average of $1.36. GrowGeneration Corp. has a 12 month low of $0.82 and a 12 month high of $2.16.

GrowGeneration (NASDAQ:GRWG) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.05. GrowGeneration had a negative return on equity of 29.82% and a negative net margin of 24.77%.The business had revenue of $47.25 million for the quarter, compared to the consensus estimate of $41.56 million. GrowGeneration has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that GrowGeneration Corp. will post -0.58 earnings per share for the current year.

Analyst Ratings Changes

GRWG has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of GrowGeneration in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of GrowGeneration from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $2.50.

Institutional Investors Weigh In On GrowGeneration

A number of large investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of GrowGeneration by 36.7% in the fourth quarter. Bank of America Corp DE now owns 60,104 shares of the company’s stock worth $102,000 after acquiring an additional 16,132 shares during the last quarter. Monaco Asset Management SAM raised its position in GrowGeneration by 18.5% in the first quarter. Monaco Asset Management SAM now owns 548,721 shares of the company’s stock valued at $593,000 after purchasing an additional 85,675 shares during the last quarter. Nuveen LLC acquired a new stake in shares of GrowGeneration during the first quarter valued at about $197,000. AWM Investment Company Inc. grew its holdings in shares of GrowGeneration by 95.1% during the first quarter. AWM Investment Company Inc. now owns 3,281,729 shares of the company’s stock worth $3,544,000 after purchasing an additional 1,600,000 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new position in shares of GrowGeneration during the first quarter worth $27,000. 36.02% of the stock is currently owned by institutional investors and hedge funds.

About GrowGeneration

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.