GrowGeneration Corp. $GRWG Position Increased by Renaissance Technologies LLC

Renaissance Technologies LLC grew its holdings in shares of GrowGeneration Corp. (NASDAQ:GRWG) by 34.5% during the first quarter, Holdings Channel reports. The firm owned 1,370,610 shares of the company’s stock after acquiring an additional 351,277 shares during the quarter. Renaissance Technologies LLC’s holdings in GrowGeneration were worth $1,508,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Jane Street Group LLC boosted its holdings in shares of GrowGeneration by 1,193.2% in the 2nd quarter. Jane Street Group LLC now owns 792,229 shares of the company’s stock valued at $741,000 after buying an additional 730,968 shares during the period. Monaco Asset Management SAM grew its position in shares of GrowGeneration by 37.3% during the 4th quarter. Monaco Asset Management SAM now owns 1,024,125 shares of the company’s stock valued at $1,536,000 after buying an additional 278,179 shares during the last quarter. AWM Investment Company Inc. raised its stake in GrowGeneration by 8.7% during the fourth quarter. AWM Investment Company Inc. now owns 3,380,784 shares of the company’s stock worth $5,071,000 after acquiring an additional 271,249 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in GrowGeneration by 55.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 519,681 shares of the company’s stock worth $972,000 after acquiring an additional 184,626 shares during the period. Finally, Two Sigma Investments LP bought a new position in GrowGeneration in the third quarter worth about $279,000. 36.02% of the stock is currently owned by institutional investors.

GrowGeneration Stock Performance

GRWG stock opened at $1.78 on Thursday. GrowGeneration Corp. has a 1 year low of $1.00 and a 1 year high of $2.40. The stock has a market capitalization of $106.96 million, a price-to-earnings ratio of -6.59 and a beta of 2.51. The stock’s fifty day moving average is $1.48 and its two-hundred day moving average is $1.34.

GrowGeneration (NASDAQ:GRWG) last released its quarterly earnings results on Tuesday, August 11th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. GrowGeneration had a negative net margin of 10.07% and a negative return on equity of 17.08%. The business had revenue of $43.22 million during the quarter, compared to analyst estimates of $42.75 million. As a group, analysts predict that GrowGeneration Corp. will post -0.17 EPS for the current fiscal year.

Key GrowGeneration News

Here are the key news stories impacting GrowGeneration this week:

• Positive Sentiment: Analyst upgrade: Alliance Global Partners raised GrowGeneration from “neutral” to “buy” and set a $2.50 price target, implying substantial upside from the recent trading level. Benzinga report
• Positive Sentiment: Second-quarter results beat expectations: GrowGeneration reported a loss of $0.03 per share, better than the expected $0.04 loss, while revenue of $43.2 million exceeded the $42.75 million consensus estimate. The loss narrowed to $2.0 million from $4.8 million a year earlier. Zacks earnings report
• Positive Sentiment: Profitability improved: Adjusted EBITDA turned positive at $0.3 million versus a $1.3 million loss in the prior-year quarter. Operating expenses declined, proprietary-brand penetration rose to 39.7%, and the company ended the quarter with $41.0 million in cash and no debt. GrowGeneration second-quarter results
• Positive Sentiment: Higher full-year profitability outlook: GrowGeneration reaffirmed 2026 revenue guidance of $162 million to $168 million and raised adjusted EBITDA guidance to $2 million-$3 million, supporting the company’s cost-reduction and recovery strategy. GrowGeneration guidance report
• Neutral Sentiment: Recent coverage also compares GrowGeneration with Winmark and provides management’s second-quarter earnings-call commentary, offering additional context on valuation and strategy. Company comparison Earnings call transcript
• Negative Sentiment: Near-term revenue guidance disappointed: Third-quarter revenue guidance of $44 million-$46 million was below the $46.9 million analyst consensus, signaling a potentially softer immediate outlook despite the improved full-year EBITDA forecast. Third-quarter guidance report

Analyst Upgrades and Downgrades

GRWG has been the subject of a number of research reports. Alliance Global Partners upgraded GrowGeneration from a “neutral” rating to a “buy” rating and set a $2.50 target price for the company in a research note on Wednesday. Weiss Ratings cut GrowGeneration from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, GrowGeneration currently has a consensus rating of “Hold” and a consensus target price of $2.50.

Insider Transactions at GrowGeneration

In other news, CEO Darren Lampert bought 64,098 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was purchased at an average price of $1.55 per share, for a total transaction of $99,351.90. Following the transaction, the chief executive officer owned 1,765,800 shares in the company, valued at approximately $2,736,990. This trade represents a 3.77% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 8.06% of the stock is owned by insiders.

GrowGeneration Profile

GrowGeneration Corp. is the largest chain of specialty hydroponic and organic garden centers in the United States, serving commercial and home growers of all experience levels. The company offers a broad assortment of cultivation supplies, including high-efficiency LED lighting, climate control systems, irrigation and fertigation equipment, growing media and nutrients. Through its retail outlets and e-commerce platform, GrowGeneration caters to indoor and outdoor horticultural operations, with a particular focus on the rapidly expanding legal cannabis market.

In addition to its product offerings, GrowGeneration provides design, consulting and project management services for turnkey cultivation facilities.