Grocery Outlet (NASDAQ:GO) EVP Sells $20,755.50 in Stock

Grocery Outlet Holding Corp. (NASDAQ:GO) EVP Luke Thompson sold 3,425 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 92,813 shares of the company’s stock, valued at $562,446.78. This trade represents a 3.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Grocery Outlet Stock Down 3.0%

Shares of NASDAQ:GO traded down $0.18 during trading on Tuesday, reaching $5.87. 4,202,029 shares of the stock were exchanged, compared to its average volume of 3,305,463. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.37 and a quick ratio of 0.32. Grocery Outlet Holding Corp. has a 1-year low of $5.66 and a 1-year high of $19.41. The stock has a fifty day moving average of $9.18 and a two-hundred day moving average of $12.02. The firm has a market cap of $576.14 million, a price-to-earnings ratio of -2.56, a price-to-earnings-growth ratio of 1.84 and a beta of 0.50.

Grocery Outlet (NASDAQ:GO) last posted its quarterly 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). The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 EPS. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Research analysts anticipate that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Grocery Outlet in a report on Thursday, January 22nd. Wells Fargo & Company dropped their target price on Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Morgan Stanley cut their target price 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. TD Cowen reiterated a “hold” rating on shares of Grocery Outlet in a report on Thursday, March 5th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $7.00 price target (down from $18.00) on shares of Grocery Outlet in a research report on Thursday, March 5th. Eleven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $10.68.

Institutional Investors Weigh In On Grocery Outlet

Several large investors have recently modified their holdings of the stock. Alpine Global Management LLC purchased a new position in shares of Grocery Outlet during the 4th quarter valued at $177,000. Vancity Investment Management Ltd grew its stake in shares of Grocery Outlet by 19.1% during the 4th quarter. Vancity Investment Management Ltd now owns 61,007 shares of the company’s stock worth $616,000 after acquiring an additional 9,763 shares during the period. T. Rowe Price Investment Management Inc. increased 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 acquiring an additional 5,528,722 shares during the last quarter. Invesco Ltd. raised 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 valued at $19,336,000 after acquiring an additional 987,367 shares during the period. Finally, Vident Advisory LLC lifted its holdings in Grocery Outlet by 19.9% during the fourth quarter. Vident Advisory LLC now owns 16,965 shares of the company’s stock valued at $171,000 after purchasing an additional 2,817 shares during the last quarter. Hedge funds and other institutional investors 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: 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

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.