Erik Ragatz Buys 16,003 Shares of Grocery Outlet (NASDAQ:GO) Stock

Grocery Outlet Holding Corp. (NASDAQ:GO) Director Erik Ragatz purchased 16,003 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were acquired at an average cost of $5.85 per share, for a total transaction of $93,617.55. Following the transaction, the director owned 442,503 shares of the company’s stock, valued at $2,588,642.55. This trade represents a 3.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Grocery Outlet Stock Down 3.0%

Shares of GO traded down $0.18 on Tuesday, hitting $5.87. The company’s stock had a trading volume of 4,202,029 shares, compared to its average volume of 3,305,463. The firm’s fifty day moving average price is $9.18 and its 200-day moving average price is $12.02. Grocery Outlet Holding Corp. has a fifty-two week low of $5.66 and a fifty-two week high of $19.41. The company has a quick ratio of 0.32, a current ratio of 1.37 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $576.14 million, a price-to-earnings ratio of -2.56, a P/E/G ratio of 1.84 and a beta of 0.50.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on GO. Deutsche Bank Aktiengesellschaft set a $11.00 target price on shares of Grocery Outlet in a research note on Thursday, January 8th. Morgan Stanley cut their price target on Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Telsey Advisory Group downgraded Grocery Outlet from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $15.00 to $9.00 in a report on Thursday, March 5th. Wells Fargo & Company cut their target price on Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 5th. Finally, UBS Group reaffirmed a “neutral” rating and set a $11.50 price target on shares of Grocery Outlet in a research report on Thursday, December 18th. Eleven research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $10.68.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd boosted its holdings in shares of Grocery Outlet by 1,030.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock valued at $26,000 after buying an additional 2,308 shares during the last quarter. Bayforest Capital Ltd bought a new stake in Grocery Outlet during the third quarter worth $29,000. Hantz Financial Services Inc. lifted its stake in Grocery Outlet by 591.5% in the third quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock valued at $33,000 after acquiring an additional 1,739 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Grocery Outlet in the 4th quarter valued at about $35,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of Grocery Outlet by 32.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company’s stock worth $37,000 after purchasing an additional 719 shares during the last quarter. Institutional investors and hedge funds own 99.87% of the company’s stock.

Key Stories Impacting Grocery Outlet

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

• Positive Sentiment: Director Erik D. Ragatz made sizable open-market purchases (100,000 shares at ~$6.09 on Mar. 16 and 16,003 shares at ~$5.85 on Mar. 17), increasing his stake to ~442,503 shares — a material insider buy that can be read as confidence in the business. SEC Form 4 – Erik D. Ragatz
• Neutral Sentiment: EVP Steven K. Wilson sold 4,721 shares at an average price of $6.06 (Mar. 16), reducing his stake by ~3.78%. Insider sales can be routine liquidity events but may feed negative sentiment. SEC Form 4 – Steven K. Wilson
• Neutral Sentiment: EVP Luke D. Thompson sold 3,425 shares at an average price of $6.06 (Mar. 16), trimming his position by ~3.56%. Like the other EVP sale, this may be routine but can increase selling pressure. SEC Form 4 – Luke D. Thompson
• Negative Sentiment: A wave of class-action filings and law‑firm notices target Grocery Outlet for alleged misstatements during Aug. 5, 2025–Mar. 4, 2026 (multiple firms are soliciting lead plaintiffs). Litigation increases legal exposure, potential settlement risk and investor uncertainty — a key near-term downside catalyst. Examples: Kirby McInerney — Investor Alert Pomerantz — Investor Alert GPWR — Class Action Notice

About Grocery Outlet

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.