Grocery Outlet (NASDAQ:GO) EVP Steven Wilson Sells 4,721 Shares of Stock

Grocery Outlet Holding Corp. (NASDAQ:GO) EVP Steven Wilson sold 4,721 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $6.06, for a total transaction of $28,609.26. Following the completion of the transaction, the executive vice president directly owned 120,171 shares in the company, valued at approximately $728,236.26. This represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Grocery Outlet Price Performance

NASDAQ:GO opened at $5.87 on Wednesday. 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 firm has a market cap of $576.16 million, a price-to-earnings ratio of -2.56, a P/E/G ratio of 1.74 and a beta of 0.50. Grocery Outlet Holding Corp. has a 52 week low of $5.66 and a 52 week high of $19.41. The firm’s 50-day simple moving average is $9.10 and its 200 day simple moving average is $11.94.

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 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 business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the company earned $0.15 EPS. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. As a group, sell-side analysts predict that Grocery Outlet Holding Corp. will post 0.63 earnings per share for the current year.

Institutional Investors Weigh In On Grocery Outlet

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. increased its position in Grocery Outlet by 54.0% during 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. Millennium Management LLC grew its stake in shares of Grocery Outlet by 3,558.0% during the third quarter. Millennium Management LLC now owns 1,825,407 shares of the company’s stock worth $29,298,000 after buying an additional 1,775,505 shares during the last quarter. UBS Group AG grew its stake in shares of Grocery Outlet by 87.6% during the fourth quarter. UBS Group AG now owns 2,726,299 shares of the company’s stock worth $27,536,000 after buying an additional 1,272,859 shares during the last quarter. Boston Partners increased its holdings in shares of Grocery Outlet by 219.7% during the third quarter. Boston Partners now owns 1,462,633 shares of the company’s stock worth $23,475,000 after buying an additional 1,005,126 shares in the last quarter. Finally, Invesco Ltd. increased its holdings 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 worth $19,336,000 after buying an additional 987,367 shares in the last quarter. 99.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

GO has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Grocery Outlet in a research report on Thursday, January 22nd. Craig Hallum cut Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. DA Davidson set a $8.00 price objective on shares of Grocery Outlet in a research report on Thursday, March 5th. Jefferies Financial Group reissued a “hold” rating and issued a $7.00 target price (down from $18.00) on shares of Grocery Outlet in a report on Thursday, March 5th. Finally, Morgan Stanley cut their price target 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. Eleven research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $10.68.

Key Grocery Outlet News

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 ~Mar 16 at ~$6.09 and a further 16,003 shares Mar 17 at ~$5.85), materially increasing his stake — a visible management vote of confidence that can support the stock. Read More.
• Neutral Sentiment: Recent quarterly results: Grocery Outlet missed EPS expectations for the March quarter and set FY2026 guidance of $0.45–$0.55, while revenue grew year‑over‑year. That performance and guidance are already baked into analyst views and the stock’s low trading multiples. Read More.
• Neutral Sentiment: High institutional ownership and small recent institutional changes mean moves can be amplified by low retail liquidity; long‑term holders dominate the cap table. Read More.
• Negative Sentiment: Two senior executives (EVPs Steven K. Wilson and Luke D. Thompson) sold small portions of their holdings on Mar 16 (~4,721 and 3,425 shares at ~ $6.06). Insider sales can add short‑term selling pressure even if amounts are modest. Read More. Read More.
• Negative Sentiment: Multiple law firms have filed or announced securities class actions and investigations naming Grocery Outlet (covering Aug 5, 2025–Mar 4, 2026). Litigation risk raises the prospect of legal costs, management distraction and potential settlements — a clear near‑term negative for the stock. Read More. Read More. Read More.
• Negative Sentiment: Analyst sentiment has softened (multiple downgrades and lower targets since the earnings print), leaving the consensus rating weak and the average target well above current trading levels — a headwind for near‑term upside. Read More.

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.