Militia Capital Partners LP Invests $695,000 in Grocery Outlet Holding Corp. $GO

Militia Capital Partners LP acquired a new position in shares of Grocery Outlet Holding Corp. (NASDAQ:GO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 68,800 shares of the company’s stock, valued at approximately $695,000. Militia Capital Partners LP owned 0.07% of Grocery Outlet at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Aster Capital Management DIFC Ltd increased its position in shares of Grocery Outlet by 1,030.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock worth $26,000 after acquiring an additional 2,308 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Grocery Outlet during the fourth quarter worth $35,000. PNC Financial Services Group Inc. increased its position in shares of Grocery Outlet by 62.7% during the third quarter. PNC Financial Services Group Inc. now owns 4,788 shares of the company’s stock worth $77,000 after acquiring an additional 1,846 shares during the period. State of Wyoming increased its position in shares of Grocery Outlet by 96.9% during the fourth quarter. State of Wyoming now owns 7,886 shares of the company’s stock worth $80,000 after acquiring an additional 3,880 shares during the period. Finally, Bayforest Capital Ltd increased its holdings in Grocery Outlet by 427.0% in the fourth quarter. Bayforest Capital Ltd now owns 9,465 shares of the company’s stock valued at $96,000 after buying an additional 7,669 shares during the last quarter. Hedge funds and other institutional investors own 99.87% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on GO. Morgan Stanley dropped their target price 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. DA Davidson increased their target price on Grocery Outlet from $7.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings raised Grocery Outlet from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, June 5th. Wells Fargo & Company raised their target price on Grocery Outlet from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Finally, The Goldman Sachs Group decreased their target price on Grocery Outlet from $12.00 to $9.00 and set a “sell” rating for the company in a research note on Thursday, February 19th. Eleven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Grocery Outlet presently has a consensus rating of “Reduce” and a consensus target price of $10.32.

Insider Activity

In other news, CEO Jason J. N. Potter acquired 286,097 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were bought at an average price of $5.90 per share, with a total value of $1,687,972.30. Following the completion of the acquisition, the chief executive officer owned 574,366 shares in the company, valued at $3,388,759.40. This trade represents a 99.25% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Erik D. Ragatz acquired 50,000 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average cost of $5.75 per share, for a total transaction of $287,500.00. Following the acquisition, the director owned 526,500 shares of the company’s stock, valued at approximately $3,027,375. The trade was a 10.49% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 448,905 shares of company stock worth $2,692,647. Corporate insiders own 4.50% of the company’s stock.

Grocery Outlet Price Performance

GO stock opened at $9.88 on Wednesday. The business has a 50 day moving average price of $8.03 and a 200 day moving average price of $8.80. The stock has a market cap of $977.33 million, a price-to-earnings ratio of -2.55, a PEG ratio of 14.89 and a beta of 0.67. 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 0.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.59.

Grocery Outlet (NASDAQ:GO) last posted its earnings results on Wednesday, May 13th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Grocery Outlet had a positive return on equity of 5.69% and a negative net margin of 8.08%.The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 earnings per share. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Equities research analysts anticipate that Grocery Outlet Holding Corp. will post 0.38 earnings per share for the current fiscal year.

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.