Grocery Outlet (NASDAQ:GO) EVP Sells $20,755.50 in Stock
by Renee Jackson · The Cerbat GemGrocery Outlet Holding Corp. (NASDAQ:GO – Get Free Report) EVP Luke Thompson sold 3,425 shares of Grocery Outlet stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $6.06, for a total value of $20,755.50. Following the completion of the transaction, the executive vice president owned 92,813 shares in the company, valued at approximately $562,446.78. This represents a 3.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Grocery Outlet Price Performance
Shares of GO stock traded down $0.18 on Tuesday, reaching $5.87. The company had a trading volume of 4,202,029 shares, compared to its average volume of 3,305,463. The business’s 50-day moving average is $9.18 and its 200 day moving average is $12.02. Grocery Outlet Holding Corp. has a one year low of $5.66 and a one year 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. The stock has a market capitalization of $576.14 million, a PE ratio of -2.56, a price-to-earnings-growth ratio of 1.84 and a beta of 0.50.
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 analysts’ consensus estimates of $0.21 by ($0.02). The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. Grocery Outlet had a positive return on equity of 5.93% and a negative net margin of 4.80%.Grocery Outlet’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.15 earnings per share. 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 have recently modified their holdings of GO. T. Rowe Price Investment Management Inc. boosted its stake in Grocery Outlet by 54.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock worth $159,216,000 after acquiring an additional 5,528,722 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Grocery Outlet by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 11,255,936 shares of the company’s stock valued at $113,685,000 after purchasing an additional 213,325 shares during the period. Mackenzie Financial Corp boosted its position in shares of Grocery Outlet by 0.5% during the 4th quarter. Mackenzie Financial Corp now owns 4,709,721 shares of the company’s stock worth $47,757,000 after purchasing an additional 22,418 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Grocery Outlet by 5.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,619,851 shares of the company’s stock worth $74,149,000 after purchasing an additional 221,693 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Grocery Outlet by 0.5% in the 3rd quarter. Marshall Wace LLP now owns 4,577,371 shares of the company’s stock valued at $73,467,000 after buying an additional 20,819 shares during the period. Institutional investors and hedge funds own 99.87% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on GO. Morgan Stanley decreased their price objective on Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Telsey Advisory Group downgraded Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $15.00 to $9.00 in a report on Thursday, March 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Grocery Outlet in a research report on Thursday, January 22nd. UBS Group restated a “neutral” rating and set a $11.50 price objective on shares of Grocery Outlet in a research report on Thursday, December 18th. Finally, The Goldman Sachs Group cut their price objective on Grocery Outlet from $12.00 to $9.00 and set a “sell” rating on the stock in a research note on Thursday, February 19th. Eleven equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $10.68.
Read Our Latest Stock Analysis on GO
Trending Headlines about Grocery Outlet
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 at ~$6.09 on Mar. 16 and 16,003 shares at ~$5.85 on Mar. 17), increasing his stake to ~442,503 shares — a material insider buy that can be read as confidence in the business. SEC Form 4 – Erik D. Ragatz
- Neutral Sentiment: EVP Steven K. Wilson sold 4,721 shares at an average price of $6.06 (Mar. 16), reducing his stake by ~3.78%. Insider sales can be routine liquidity events but may feed negative sentiment. SEC Form 4 – Steven K. Wilson
- Neutral Sentiment: EVP Luke D. Thompson sold 3,425 shares at an average price of $6.06 (Mar. 16), trimming his position by ~3.56%. Like the other EVP sale, this may be routine but can increase selling pressure. SEC Form 4 – Luke D. Thompson
- Negative Sentiment: A wave of class-action filings and law‑firm notices target Grocery Outlet for alleged misstatements during Aug. 5, 2025–Mar. 4, 2026 (multiple firms are soliciting lead plaintiffs). Litigation increases legal exposure, potential settlement risk and investor uncertainty — a key near-term downside catalyst. Examples: Kirby McInerney — Investor Alert Pomerantz — Investor Alert GPWR — Class Action Notice
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.