Grocery Outlet (NASDAQ:GO) Director John Bachman Purchases 16,000 Shares of Stock

Grocery Outlet Holding Corp. (NASDAQ:GOGet Free Report) Director John Bachman purchased 16,000 shares of the company’s stock in a transaction on Friday, March 6th. The stock was purchased at an average cost of $6.46 per share, for a total transaction of $103,360.00. Following the purchase, the director directly owned 73,367 shares in the company, valued at approximately $473,950.82. This trade represents a 27.89% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Grocery Outlet Stock Performance

Shares of Grocery Outlet stock opened at $6.08 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.37 and a quick ratio of 0.32. The firm has a market cap of $596.75 million, a price-to-earnings ratio of -2.66, a price-to-earnings-growth ratio of 1.44 and a beta of 0.50. The stock’s 50-day moving average is $9.56 and its 200-day moving average is $12.45. Grocery Outlet Holding Corp. has a one year low of $5.66 and a one year high of $19.41.

Grocery Outlet (NASDAQ:GOGet Free Report) last posted 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). Grocery Outlet had a positive return on equity of 5.93% and a negative net margin of 4.80%.The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business posted $0.15 earnings per share. The firm’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 analysts predict that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GO. TD Cowen reissued a “hold” rating on shares of Grocery Outlet in a research report on Thursday. Telsey Advisory Group downgraded shares of Grocery Outlet from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $15.00 to $9.00 in a research report on Thursday, March 5th. Craig Hallum lowered shares of Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $11.00 price target on shares of Grocery Outlet in a research report on Thursday, January 8th. Finally, Morgan Stanley reduced 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 research note on Thursday, March 5th. Eleven equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Grocery Outlet currently has an average rating of “Reduce” and an average target price of $10.68.

View Our Latest Report on GO

Institutional Investors Weigh In On Grocery Outlet

Several large investors have recently made changes to their positions in GO. Royal Bank of Canada increased its holdings in Grocery Outlet by 5.8% during the first quarter. Royal Bank of Canada now owns 122,565 shares of the company’s stock worth $1,713,000 after buying an additional 6,736 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Grocery Outlet by 14.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 357,856 shares of the company’s stock valued at $5,003,000 after acquiring an additional 44,214 shares during the last quarter. Bank of Montreal Can lifted its stake in Grocery Outlet by 5.1% in the second quarter. Bank of Montreal Can now owns 16,525 shares of the company’s stock valued at $205,000 after acquiring an additional 803 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Grocery Outlet by 7.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 642,806 shares of the company’s stock valued at $7,984,000 after acquiring an additional 44,427 shares during the period. Finally, Fox Run Management L.L.C. bought a new position in shares of Grocery Outlet in the 2nd quarter valued at about $185,000. Institutional investors and hedge funds own 99.87% of the company’s stock.

Grocery Outlet News Summary

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

  • Positive Sentiment: Company director John E. Bachman purchased 16,000 shares at about $6.46, increasing his stake ~28% — a vote of confidence from inside management. Insider Purchase Filing
  • Positive Sentiment: Coverage highlighting Grocery Outlet as a Q4 earnings outperformer and rising market interest in the stock may attract short‑term buyers and momentum traders. Q4 earnings outperformers
  • Positive Sentiment: Reports that market interest across the Nasdaq has risen for Grocery Outlet could support short‑term liquidity and trading interest. Market Interest Rises
  • Negative Sentiment: Levi & Korsinsky announced an investigation into potential securities law violations tied to past guidance/communications (reference to a narrowed FY2025 comps outlook on the Nov. 4, 2025 call). Such probes can increase litigation risk and investor uncertainty. Ongoing Investigation Notice
  • Negative Sentiment: Analyst sentiment has turned negative: the consensus analyst rating was reported as “Reduce,” and Craig Hallum cut GO to Hold — pressure that can prompt selling and lower price targets. Given Average Rating of Reduce Cut to Hold at Craig Hallum
  • Negative Sentiment: Analyst notes and media pieces flag structural uncertainty in Grocery Outlet’s consumer recovery, with some analysts cutting targets — a thematic bearish signal for a low‑margin, value retailer. Analyst Scrutiny on Consumer Trends
  • Negative Sentiment: Recent company results showed a slight EPS and revenue miss for the last quarter and conservative FY2026 EPS guidance (0.45–0.55 vs. some analyst expectations ~0.63), highlighting margin pressure and limiting near‑term upside. (Background company filings/earnings release)

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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