GrowGeneration Corp. (NASDAQ:GRWG) Holdings Raised by Jane Street Group LLC

Jane Street Group LLC boosted its stake in GrowGeneration Corp. (NASDAQ:GRWG) by 120.0% in the third quarter, Holdings Channel reports. The institutional investor owned 166,798 shares of the company’s stock after acquiring an additional 90,966 shares during the quarter. Jane Street Group LLC’s holdings in GrowGeneration were worth $355,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Empowered Funds LLC lifted its position in GrowGeneration by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 112,180 shares of the company’s stock worth $239,000 after buying an additional 5,628 shares in the last quarter. SG Americas Securities LLC purchased a new stake in GrowGeneration in the 3rd quarter worth approximately $42,000. Dimensional Fund Advisors LP lifted its position in GrowGeneration by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,411,087 shares of the company’s stock worth $3,034,000 after buying an additional 43,701 shares in the last quarter. American Century Companies Inc. lifted its position in GrowGeneration by 16.8% in the 2nd quarter. American Century Companies Inc. now owns 84,823 shares of the company’s stock worth $182,000 after buying an additional 12,197 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of GrowGeneration by 6.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 194,974 shares of the company’s stock valued at $419,000 after purchasing an additional 11,742 shares in the last quarter. Hedge funds and other institutional investors own 36.02% of the company’s stock.

Insider Activity at GrowGeneration

In other news, CEO Darren Lampert bought 57,467 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average price of $1.75 per share, for a total transaction of $100,567.25. Following the acquisition, the chief executive officer now directly owns 1,595,883 shares of the company’s stock, valued at $2,792,795.25. The trade was a 3.74 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, President Michael Salaman bought 58,476 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was purchased at an average price of $1.74 per share, for a total transaction of $101,748.24. Following the acquisition, the president now directly owns 1,503,848 shares in the company, valued at approximately $2,616,695.52. This trade represents a 4.05 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 7.07% of the stock is owned by company insiders.

GrowGeneration Trading Down 4.0 %

GRWG stock opened at $1.67 on Thursday. GrowGeneration Corp. has a 1 year low of $1.49 and a 1 year high of $3.38. The company has a fifty day simple moving average of $1.82 and a 200 day simple moving average of $2.02. The firm has a market cap of $98.94 million, a PE ratio of -1.92 and a beta of 3.10.

About GrowGeneration

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.