Grocery Outlet (NASDAQ:GO) Director Erik Ragatz Purchases 50,000 Shares

Grocery Outlet Holding Corp. (NASDAQ:GOGet Free Report) Director Erik Ragatz bought 50,000 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were bought at an average price of $5.75 per share, for a total transaction of $287,500.00. Following the completion of the acquisition, the director owned 526,500 shares of the company’s stock, valued at approximately $3,027,375. This represents a 10.49% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Grocery Outlet Stock Performance

GO opened at $5.83 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.32 and a current ratio of 1.37. The company has a market cap of $572.21 million, a PE ratio of -2.55, a price-to-earnings-growth ratio of 1.71 and a beta of 0.50. The stock has a 50-day moving average of $8.96 and a 200-day moving average of $11.85. Grocery Outlet Holding Corp. has a 52-week low of $5.66 and a 52-week high of $19.41.

Grocery Outlet (NASDAQ:GOGet Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The firm’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 earnings per share. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. As a group, equities research analysts forecast that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Morgan Stanley decreased their price objective on shares of Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Jefferies Financial Group reissued a “hold” rating and set a $7.00 target price (down from $18.00) on shares of Grocery Outlet in a research report on Thursday, March 5th. Telsey Advisory Group cut shares of Grocery Outlet from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $15.00 to $9.00 in a report on Thursday, March 5th. Craig Hallum downgraded Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, TD Cowen reiterated a “hold” rating on shares of Grocery Outlet in a research note on Thursday, March 5th. Eleven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $10.68.

Read Our Latest Stock Analysis on Grocery Outlet

Key Grocery Outlet News

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

  • Positive Sentiment: Director insider buys: Director Erik D. Ragatz bought shares across March 18–19, increasing his stake to 526,500 shares (purchases ~33,997 shares at ~$5.85 and 50,000 shares at ~$5.75). The transactions signal management-side confidence and provide some biographical support for the stock amid negative headlines. SEC Form 4 filing (Erik D. Ragatz)
  • Neutral Sentiment: Business profile/background coverage: A feature explaining Grocery Outlet’s sourcing and inventory model ran on MSN, offering context on how the company stocks discount products and manages supply — useful for understanding margin and growth dynamics but unlikely to move shares sharply on its own. How Grocery Outlet’s food gets onto its shelves
  • Negative Sentiment: Multiple class‑action / shareholder alerts: Several law firms (Pomerantz, Bernstein Liebhard, Levi & Korsinsky / SueWallSt, Robbins LLP, Faruqi & Faruqi, Block & Leviton) have announced or are reminding investors of securities‑fraud class actions against Grocery Outlet covering the period Aug. 5, 2025–Mar. 4, 2026. Allegations reference misstatements tied to the company’s expansion strategy and related disclosures; firms are soliciting plaintiffs and flagging filing deadlines. The wave of litigation notices raises near‑term legal and reputational risk, could increase settlement or defense costs, and tends to pressure shares until the claims are resolved or dismissed. Pomerantz investor alert on GO class action

Institutional Trading of Grocery Outlet

Several hedge funds and other institutional investors have recently bought and sold shares of GO. T. Rowe Price Investment Management Inc. lifted its stake in shares of Grocery Outlet by 54.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock valued at $159,216,000 after buying an additional 5,528,722 shares during the period. Millennium Management LLC raised its holdings in Grocery Outlet by 3,558.0% in the 3rd quarter. Millennium Management LLC now owns 1,825,407 shares of the company’s stock valued at $29,298,000 after acquiring an additional 1,775,505 shares in the last quarter. UBS Group AG lifted its position in shares of Grocery Outlet by 87.6% in the 4th quarter. UBS Group AG now owns 2,726,299 shares of the company’s stock worth $27,536,000 after acquiring an additional 1,272,859 shares during the period. Boston Partners grew its holdings in shares of Grocery Outlet by 219.7% during the 3rd quarter. Boston Partners now owns 1,462,633 shares of the company’s stock worth $23,475,000 after purchasing an additional 1,005,126 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Grocery Outlet by 106.5% during the fourth quarter. Invesco Ltd. now owns 1,914,410 shares of the company’s stock valued at $19,336,000 after purchasing an additional 987,367 shares during the period. 99.87% of the stock is currently owned by institutional investors and hedge funds.

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.

Further Reading

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

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