Insider Selling: Grocery Outlet (NASDAQ:GO) EVP Sells $20,755.50 in Stock

Grocery Outlet Holding Corp. (NASDAQ:GOGet Free Report) EVP Luke Thompson sold 3,425 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $6.06, for a total value of $20,755.50. Following the transaction, the executive vice president owned 92,813 shares in the company, valued at approximately $562,446.78. This trade represents a 3.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Grocery Outlet Stock Performance

GO opened at $5.83 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.37 and a quick ratio of 0.32. The business has a fifty day simple moving average of $8.96 and a 200 day simple moving average of $11.85. Grocery Outlet Holding Corp. has a 1 year low of $5.66 and a 1 year high of $19.41. The company has a market capitalization of $572.21 million, a PE ratio of -2.55, a price-to-earnings-growth ratio of 1.71 and a beta of 0.50.

Grocery Outlet (NASDAQ:GOGet Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The company reported $0.19 earnings per share 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 firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business earned $0.15 EPS. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Research analysts expect that Grocery Outlet Holding Corp. will post 0.63 EPS for the current year.

Hedge Funds Weigh In On Grocery Outlet

Institutional investors have recently added to or reduced their stakes in the stock. Alpine Global Management LLC bought a new stake in Grocery Outlet during the 4th quarter worth $177,000. Vancity Investment Management Ltd boosted its position in shares of Grocery Outlet by 19.1% during the 4th quarter. Vancity Investment Management Ltd now owns 61,007 shares of the company’s stock valued at $616,000 after purchasing an additional 9,763 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position 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 during the period. Invesco Ltd. increased its stake in Grocery Outlet by 106.5% in the fourth quarter. Invesco Ltd. now owns 1,914,410 shares of the company’s stock valued at $19,336,000 after purchasing an additional 987,367 shares in the last quarter. Finally, Vident Advisory LLC boosted its holdings in Grocery Outlet by 19.9% in the fourth quarter. Vident Advisory LLC now owns 16,965 shares of the company’s stock worth $171,000 after acquiring an additional 2,817 shares in the last quarter. 99.87% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Grocery Outlet

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

  • Positive Sentiment: Director insider buys: Director Erik D. Ragatz bought shares across March 18–19, increasing his stake to 526,500 shares (purchases ~33,997 shares at ~$5.85 and 50,000 shares at ~$5.75). The transactions signal management-side confidence and provide some biographical support for the stock amid negative headlines. SEC Form 4 filing (Erik D. Ragatz)
  • Neutral Sentiment: Business profile/background coverage: A feature explaining Grocery Outlet’s sourcing and inventory model ran on MSN, offering context on how the company stocks discount products and manages supply — useful for understanding margin and growth dynamics but unlikely to move shares sharply on its own. How Grocery Outlet’s food gets onto its shelves
  • Negative Sentiment: Multiple class‑action / shareholder alerts: Several law firms (Pomerantz, Bernstein Liebhard, Levi & Korsinsky / SueWallSt, Robbins LLP, Faruqi & Faruqi, Block & Leviton) have announced or are reminding investors of securities‑fraud class actions against Grocery Outlet covering the period Aug. 5, 2025–Mar. 4, 2026. Allegations reference misstatements tied to the company’s expansion strategy and related disclosures; firms are soliciting plaintiffs and flagging filing deadlines. The wave of litigation notices raises near‑term legal and reputational risk, could increase settlement or defense costs, and tends to pressure shares until the claims are resolved or dismissed. Pomerantz investor alert on GO class action

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on GO shares. Weiss Ratings reissued a “sell (d)” rating on shares of Grocery Outlet in a report on Thursday, January 22nd. DA Davidson set a $8.00 price target on shares of Grocery Outlet in a research report on Thursday, March 5th. Morgan Stanley cut 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. Deutsche Bank Aktiengesellschaft set a $11.00 price target on Grocery Outlet in a research report on Thursday, January 8th. Finally, Craig Hallum lowered Grocery Outlet from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Eleven investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $10.68.

View Our Latest Research Report on GO

About Grocery Outlet

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Grocery Outlet (NASDAQ:GO)

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