Grocery Outlet (NASDAQ:GO) Director Acquires $609,000.00 in Stock

Grocery Outlet Holding Corp. (NASDAQ:GO) Director Erik Ragatz purchased 100,000 shares of the business’s stock in a transaction on Monday, March 16th. The shares were purchased at an average price of $6.09 per share, with a total value of $609,000.00. Following the completion of the purchase, the director owned 426,500 shares in the company, valued at approximately $2,597,385. This trade represents a 30.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Grocery Outlet Price Performance

Shares of NASDAQ:GO opened at $5.83 on Friday. 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 $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 firm’s 50 day moving average price is $8.96 and its 200-day moving average price is $11.85. Grocery Outlet Holding Corp. has a twelve month low of $5.66 and a twelve month high of $19.41.

Grocery Outlet (NASDAQ:GO) last announced its earnings results 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 negative net margin of 4.80% and a positive return on equity of 5.93%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm posted $0.15 earnings per share. The business’s quarterly 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 research analysts expect that Grocery Outlet Holding Corp. will post 0.63 EPS for the current year.

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

Hedge Funds Weigh In On Grocery Outlet

Large investors have recently made changes to their positions in the business. Alpine Global Management LLC bought a new position in shares of Grocery Outlet in the fourth quarter worth about $177,000. Vancity Investment Management Ltd raised its stake in Grocery Outlet by 19.1% during the 4th quarter. Vancity Investment Management Ltd now owns 61,007 shares of the company’s stock valued at $616,000 after purchasing an additional 9,763 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Grocery Outlet by 54.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock worth $159,216,000 after purchasing an additional 5,528,722 shares in the last quarter. Invesco Ltd. boosted its stake in Grocery Outlet by 106.5% in the 4th quarter. Invesco Ltd. now owns 1,914,410 shares of the company’s stock worth $19,336,000 after purchasing an additional 987,367 shares during the period. Finally, Vident Advisory LLC boosted its stake in Grocery Outlet by 19.9% in the 4th quarter. Vident Advisory LLC now owns 16,965 shares of the company’s stock worth $171,000 after purchasing an additional 2,817 shares during the period. 99.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on GO shares. Deutsche Bank Aktiengesellschaft set a $11.00 price target on Grocery Outlet in a report on Thursday, January 8th. Wells Fargo & Company lowered their price objective on Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. Morgan Stanley cut their price objective on Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Grocery Outlet in a report on Thursday, January 22nd. Finally, DA Davidson set a $8.00 target price on shares of Grocery Outlet in a research note on Thursday, March 5th. Eleven analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $10.68.

Grocery Outlet Company Profile

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.