Grocery Outlet Holding Corp. (NASDAQ:GO - Get Free Report) EVP Luke Thompson sold 3,425 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $6.06, for a total transaction of $20,755.50. Following the transaction, the executive vice president directly owned 92,813 shares of the company's stock, valued at $562,446.78. The trade was a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Grocery Outlet Trading Down 3.0%
GO stock opened at $5.87 on Wednesday. The business's 50 day moving average is $9.10 and its 200-day moving average is $11.94. Grocery Outlet Holding Corp. has a 1-year low of $5.66 and a 1-year high of $19.41. The firm has a market cap of $576.16 million, a P/E ratio of -2.56, a P/E/G ratio of 1.74 and a beta of 0.50. 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:GO - Get Free Report) last released its quarterly earnings data on Wednesday, March 4th. The company reported $0.19 earnings per share (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 company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the company earned $0.15 earnings per share. The business'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. Equities analysts anticipate that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current fiscal year.
Grocery Outlet News Roundup
Here are the key news stories impacting Grocery Outlet this week:
- Positive Sentiment: Director Erik D. Ragatz made sizable open‑market purchases (100,000 shares ~Mar 16 at ~$6.09 and a further 16,003 shares Mar 17 at ~$5.85), materially increasing his stake — a visible management vote of confidence that can support the stock. Read More.
- Neutral Sentiment: Recent quarterly results: Grocery Outlet missed EPS expectations for the March quarter and set FY2026 guidance of $0.45–$0.55, while revenue grew year‑over‑year. That performance and guidance are already baked into analyst views and the stock’s low trading multiples. Read More.
- Neutral Sentiment: High institutional ownership and small recent institutional changes mean moves can be amplified by low retail liquidity; long‑term holders dominate the cap table. Read More.
- Negative Sentiment: Two senior executives (EVPs Steven K. Wilson and Luke D. Thompson) sold small portions of their holdings on Mar 16 (~4,721 and 3,425 shares at ~ $6.06). Insider sales can add short‑term selling pressure even if amounts are modest. Read More. Read More.
- Negative Sentiment: Multiple law firms have filed or announced securities class actions and investigations naming Grocery Outlet (covering Aug 5, 2025–Mar 4, 2026). Litigation risk raises the prospect of legal costs, management distraction and potential settlements — a clear near‑term negative for the stock. Read More. Read More. Read More.
- Negative Sentiment: Analyst sentiment has softened (multiple downgrades and lower targets since the earnings print), leaving the consensus rating weak and the average target well above current trading levels — a headwind for near‑term upside. Read More.
Hedge Funds Weigh In On Grocery Outlet
A number of hedge funds and other institutional investors have recently bought and sold shares of GO. Bayforest Capital Ltd acquired a new stake in shares of Grocery Outlet in the third quarter valued at approximately $29,000. Hantz Financial Services Inc. grew its stake in shares of Grocery Outlet by 591.5% in the third quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company's stock valued at $33,000 after acquiring an additional 1,739 shares in the last quarter. Aster Capital Management DIFC Ltd grew its position in shares of Grocery Outlet by 1,030.4% during the 4th 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 in the last quarter. PNC Financial Services Group Inc. increased its stake in Grocery Outlet by 32.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company's stock worth $37,000 after acquiring an additional 719 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Grocery Outlet during the 4th quarter worth $35,000. Institutional investors own 99.87% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the stock. DA Davidson set a $8.00 price objective on shares of Grocery Outlet in a research report on Thursday, March 5th. Jefferies Financial Group reiterated a "hold" rating and issued a $7.00 price objective (down from $18.00) on shares of Grocery Outlet in a report on Thursday, March 5th. UBS Group reiterated a "neutral" rating and issued a $11.50 target price on shares of Grocery Outlet in a report on Thursday, December 18th. Morgan Stanley dropped their price target on Grocery Outlet from $11.00 to $7.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 5th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Grocery Outlet in a research report on Thursday, January 22nd. Eleven equities research 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.
Read Our Latest Analysis on Grocery Outlet
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.
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