Grocery Outlet (NASDAQ:GO) Director Buys $93,617.55 in Stock

Grocery Outlet Holding Corp. (NASDAQ:GOGet Free Report) Director Erik Ragatz acquired 16,003 shares of the stock in a transaction dated Tuesday, March 17th. The stock was acquired at an average price of $5.85 per share, for a total transaction of $93,617.55. Following the completion of the transaction, the director directly owned 442,503 shares of the company’s stock, valued at approximately $2,588,642.55. This represents a 3.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Grocery Outlet Stock Performance

NASDAQ:GO opened at $5.83 on Friday. The stock has a 50-day moving average price of $8.96 and a 200 day moving average price of $11.85. The stock has a market capitalization of $572.21 million, a P/E ratio of -2.55, a P/E/G ratio of 1.71 and a beta of 0.50. Grocery Outlet Holding Corp. has a 12-month low of $5.66 and a 12-month high of $19.41. The company has a current ratio of 1.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.49.

Grocery Outlet (NASDAQ:GOGet Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $1.23 billion. During the same period in the prior year, the firm posted $0.15 earnings per share. The firm’s revenue for the quarter was up 10.7% on a year-over-year basis. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Equities research analysts forecast that Grocery Outlet Holding Corp. will post 0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Aster Capital Management DIFC Ltd increased its position in Grocery Outlet by 1,030.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock worth $26,000 after purchasing an additional 2,308 shares during the last quarter. Bayforest Capital Ltd purchased a new stake in Grocery Outlet during the third quarter valued at $29,000. Hantz Financial Services Inc. lifted its position in Grocery Outlet by 591.5% during the third quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock valued at $33,000 after purchasing an additional 1,739 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Grocery Outlet in the 4th quarter worth $35,000. Finally, PNC Financial Services Group Inc. grew its stake 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 worth $37,000 after buying an additional 719 shares in the last quarter. 99.87% of the stock is owned by hedge funds and other institutional investors.

More Grocery Outlet News

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

  • Positive Sentiment: Director Erik D. Ragatz purchased a large block of shares across Mar. 18–19 (33,997 and 50,000 shares) increasing his stake materially — a strong management vote of confidence that can support the stock. SEC Filing
  • Neutral Sentiment: Feature piece on Grocery Outlet’s sourcing and shelf strategy provides useful operational context but is unlikely to move the stock by itself. How Grocery Outlet’s food gets onto its shelves
  • Negative Sentiment: Multiple law firms have announced or filed securities‑class action lawsuits alleging misrepresentations tied to the company’s Aug. 5, 2025–Mar. 4, 2026 period — raising litigation, potential settlement costs, and management distraction. Class Action Alert
  • Negative Sentiment: Grocery Outlet missed consensus EPS for the most recent quarter and issued FY‑2026 EPS guidance of $0.45–$0.55; revenue grew but margins remain pressured — results that contributed to analyst downgrades and lower targets. Recent earnings & guidance
  • Negative Sentiment: EVP Luke Thompson sold ~3,425 shares on Mar. 16 — a small insider sale that can add to short‑term selling pressure when combined with other negative flows. Insider sale
  • Negative Sentiment: Several law‑firm investor alerts and follow‑on analyst reductions have amplified downside sentiment; consensus rating has shifted toward Reduce and targets sit well above current levels, limiting near‑term upside. Investor alerts & analyst actions

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on GO shares. TD Cowen restated a “hold” rating on shares of Grocery Outlet in a research report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $11.00 price target on shares of Grocery Outlet in a research note on Thursday, January 8th. Wells Fargo & Company dropped their price objective on shares of Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Craig Hallum lowered Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $11.50 target price on shares of Grocery Outlet in a report on Thursday, December 18th. Eleven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $10.68.

Get Our Latest Research Report on GO

Grocery Outlet Company Profile

(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.

Further Reading

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

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