Virtu Financial LLC Sells 23,136 Shares of GrowGeneration Corp. (NASDAQ:GRWG)

Virtu Financial LLC trimmed its holdings in shares of GrowGeneration Corp. (NASDAQ:GRWG) by 28.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,519 shares of the company’s stock after selling 23,136 shares during the quarter. Virtu Financial LLC’s holdings in GrowGeneration were worth $99,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Monaco Asset Management SAM bought a new stake in GrowGeneration in the 4th quarter valued at approximately $783,000. Tidal Investments LLC grew its holdings in GrowGeneration by 24.7% during the third quarter. Tidal Investments LLC now owns 1,870,563 shares of the company’s stock worth $3,984,000 after purchasing an additional 370,635 shares during the period. Jane Street Group LLC increased its holdings in shares of GrowGeneration by 120.0% during the 3rd quarter. Jane Street Group LLC now owns 166,798 shares of the company’s stock worth $355,000 after acquiring an additional 90,966 shares during the last quarter. Barclays PLC increased its holdings in shares of GrowGeneration by 274.2% in the third quarter. Barclays PLC now owns 75,452 shares of the company’s stock valued at $161,000 after purchasing an additional 55,290 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new position in GrowGeneration in the 4th quarter valued at about $62,000. 36.02% of the stock is currently owned by institutional investors and hedge funds.

GrowGeneration Trading Down 3.5 %

Shares of NASDAQ GRWG opened at $1.11 on Monday. The firm has a market cap of $66.00 million, a P/E ratio of -1.28 and a beta of 3.39. The business’s 50 day moving average is $1.29 and its 200-day moving average is $1.68. GrowGeneration Corp. has a 1-year low of $0.91 and a 1-year high of $3.38.

Insider Activity at GrowGeneration

In related news, CEO Darren Lampert purchased 82,639 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average price of $1.19 per share, for a total transaction of $98,340.41. Following the completion of the transaction, the chief executive officer now owns 1,728,522 shares of the company’s stock, valued at approximately $2,056,941.18. This trade represents a 5.02 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, President Michael Salaman acquired 85,465 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average cost of $1.21 per share, with a total value of $103,412.65. Following the transaction, the president now directly owns 1,639,313 shares of the company’s stock, valued at $1,983,568.73. This trade represents a 5.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 7.07% of the stock is currently owned by corporate insiders.

GrowGeneration Profile

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.