Grocery Outlet (NASDAQ:GO) Director Acquires $250,400.00 in Stock

Grocery Outlet Holding Corp. (NASDAQ:GO) Director Carey Jaros acquired 40,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $6.26 per share, for a total transaction of $250,400.00. Following the purchase, the director directly owned 76,066 shares in the company, valued at approximately $476,173.16. This represents a 110.91% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this link.

Grocery Outlet Trading Up 5.3%

Shares of GO stock opened at $6.40 on Friday. The stock has a 50-day simple moving average of $9.25 and a 200 day simple moving average of $12.20. The stock has a market capitalization of $628.16 million, a P/E ratio of -2.79, a P/E/G ratio of 1.75 and a beta of 0.50. 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.

Grocery Outlet (NASDAQ:GO) last issued its quarterly 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 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 firm posted $0.15 earnings per share. Grocery Outlet’s 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. On average, sell-side analysts expect that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current fiscal year.

Key Grocery Outlet News

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

• Positive Sentiment: Company directors bought sizable blocks of stock in the last few days, which can be read as a signal of insider confidence: Director Erik Ragatz purchased 125,000 shares at an average $6.00. Insider Buying: Grocery Outlet (NASDAQ:GO) Director Purchases 125,000 Shares of Stock
• Positive Sentiment: Additional insider buys this week: Director Carey Jaros bought 40,000 shares at about $6.26 and director Jeffrey York bought 120,000 shares at about $5.82 — more insider accumulation that likely supported the intraday rally. Director Purchases / Insider Filings
• Neutral Sentiment: Large institutional holders remain dominant (T. Rowe Price, Vanguard among the largest owners), which can stabilize trading but also concentrate downside if institutions sell. See the MarketBeat company page for institutional holdings and analyst consensus. Grocery Outlet (GO) — MarketBeat
• Negative Sentiment: Multiple law firms (Holzer & Holzer, Pomerantz, Glancy Prongay Wolke & Rotter, The Law Offices of Frank R. Cruz) have launched securities‑fraud investigations tied to the company’s March 4 quarter results; such probes increase legal uncertainty and headline risk. Holzer & Holzer Investigation Notice
• Negative Sentiment: The company reported a large operating loss for the fiscal year that included significant non‑cash charges (long‑lived asset impairments, restructuring charges and goodwill impairment). Those items materially depressed earnings and sparked the investigations and the prior selloff. Details on Impairments (Holzer & Holzer)
• Negative Sentiment: Analysts have trimmed ratings and price targets in recent weeks (several “hold/market perform” or “sell” views and lower targets), reinforcing downside pressure until clarity on results and legal exposure improves. Analyst notes and consensus (MarketBeat)

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GO. PNC Financial Services Group Inc. lifted its position in shares of Grocery Outlet by 32.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company’s stock valued at $37,000 after acquiring an additional 719 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Grocery Outlet by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 72,087 shares of the company’s stock worth $895,000 after purchasing an additional 739 shares during the period. Bank of Montreal Can grew its position in Grocery Outlet by 5.1% during the 2nd quarter. Bank of Montreal Can now owns 16,525 shares of the company’s stock worth $205,000 after purchasing an additional 803 shares in the last quarter. Amalgamated Bank grew its position in Grocery Outlet by 3.5% during the 3rd quarter. Amalgamated Bank now owns 28,875 shares of the company’s stock worth $463,000 after purchasing an additional 967 shares in the last quarter. Finally, Natixis Advisors LLC raised its stake in Grocery Outlet by 5.5% during the 3rd quarter. Natixis Advisors LLC now owns 30,320 shares of the company’s stock valued at $487,000 after purchasing an additional 1,591 shares during the period. 99.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GO has been the subject of several recent research reports. Telsey Advisory Group lowered shares of Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their target price for the company from $15.00 to $9.00 in a research note on Thursday, March 5th. The Goldman Sachs Group decreased their price target on shares of Grocery Outlet from $12.00 to $9.00 and set a “sell” rating on the stock in a research report on Thursday, February 19th. Wells Fargo & Company dropped their price target on Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Zacks Research downgraded Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Morgan Stanley reduced their price objective 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, Grocery Outlet currently has a consensus rating of “Reduce” and a consensus price target of $10.68.

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.