Grocery Outlet (NASDAQ:GO) CEO Purchases $17,074.08 in Stock

Grocery Outlet Holding Corp. (NASDAQ:GO) CEO Jason Potter bought 2,556 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was purchased at an average price of $6.68 per share, with a total value of $17,074.08. Following the completion of the transaction, the chief executive officer directly owned 687,174 shares of the company’s stock, valued at approximately $4,590,322.32. The trade was a 0.37% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Grocery Outlet Trading Up 0.2%

Shares of NASDAQ:GO traded up $0.01 during midday trading on Wednesday, hitting $6.54. 4,516,148 shares of the stock were exchanged, compared to its average volume of 3,522,621. The stock has a market capitalization of $641.90 million, a price-to-earnings ratio of -2.86, a P/E/G ratio of 1.88 and a beta of 0.50. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.32 and a current ratio of 1.37. The business’s 50-day moving average price is $8.77 and its 200 day moving average price is $11.51. Grocery Outlet Holding Corp. has a 12 month low of $5.66 and a 12 month high of $19.41.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings data on Wednesday, March 4th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the business earned $0.15 EPS. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Analysts predict that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Grocery Outlet by 54.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock worth $159,216,000 after buying an additional 5,528,722 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Grocery Outlet by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 11,255,936 shares of the company’s stock worth $113,685,000 after purchasing an additional 213,325 shares during the last quarter. Mackenzie Financial Corp grew its holdings in Grocery Outlet by 0.5% during the fourth quarter. Mackenzie Financial Corp now owns 4,709,721 shares of the company’s stock worth $47,757,000 after buying an additional 22,418 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Grocery Outlet by 5.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,619,851 shares of the company’s stock worth $74,149,000 after acquiring an additional 221,693 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in Grocery Outlet by 0.5% during the third quarter. Marshall Wace LLP now owns 4,577,371 shares of the company’s stock worth $73,467,000 after purchasing an additional 20,819 shares during the last quarter. 99.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GO. Weiss Ratings reiterated a “sell (d)” rating on shares of Grocery Outlet in a report on Thursday, January 22nd. UBS Group restated a “neutral” rating and issued a $11.50 price objective on shares of Grocery Outlet in a report on Thursday, December 18th. TD Cowen reaffirmed a “hold” rating on shares of Grocery Outlet in a report on Thursday, March 5th. Telsey Advisory Group lowered Grocery Outlet from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $15.00 to $9.00 in a research report on Thursday, March 5th. Finally, Morgan Stanley decreased their price target on Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. Eleven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Grocery Outlet presently has an average rating of “Reduce” and a consensus price target of $10.68.

Grocery Outlet News Summary

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Insider buying report lifts sentiment — Coverage says GO shares “gapped up” after insider purchases were reported, which can signal management confidence and attract momentum traders. This helps explain upward price movement despite weak technicals. Grocery Outlet (NASDAQ:GO) Shares Gap Up After Insider Buying Activity
• Neutral Sentiment: Short-interest data appears unreliable/zero — multiple short-interest posts report 0 shares (and NaN changes), producing a days-to-cover ratio of 0.0. That data looks erroneous and is unlikely to be a meaningful driver of today’s move. Monitor for corrected filings from exchanges.
• Negative Sentiment: Multiple class-action notices and lawsuits filed/announced — Several plaintiff firms and notices say a securities class action has been filed covering purchases from Aug 5, 2025 through Mar 4, 2026, alleging misrepresentations about unsustainable store expansion and concealing related consequences. These filings increase legal overhang, could raise potential liability/settlement risk, and tend to pressure share prices and deter institutional buyers. GO Investor Alert: Levi & Korsinsky
• Negative Sentiment: Additional law firms soliciting lead plaintiffs, deadline risk — Kessler Topaz, Pomerantz, Glancy, Faruqi, Bernstein Liebhard, The Gross Law Firm and others have issued client notices and deadline reminders (May 15, 2026 lead-plaintiff deadline). The concentration of solicitations underscores the breadth of legal attention and could prolong volatility. Kessler Topaz class action notice

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.