Barclays PLC Raises Holdings in GrowGeneration Corp. (NASDAQ:GRWG)

Barclays PLC lifted its holdings in GrowGeneration Corp. (NASDAQ:GRWG) by 274.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,452 shares of the company’s stock after purchasing an additional 55,290 shares during the quarter. Barclays PLC’s holdings in GrowGeneration were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Jane Street Group LLC increased its holdings in GrowGeneration by 120.0% in the 3rd quarter. Jane Street Group LLC now owns 166,798 shares of the company’s stock worth $355,000 after buying an additional 90,966 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of GrowGeneration by 5.3% during the third quarter. Empowered Funds LLC now owns 112,180 shares of the company’s stock valued at $239,000 after purchasing an additional 5,628 shares during the last quarter. SG Americas Securities LLC bought a new position in GrowGeneration during the third quarter valued at approximately $42,000. Dimensional Fund Advisors LP boosted its holdings in GrowGeneration by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,411,087 shares of the company’s stock worth $3,034,000 after purchasing an additional 43,701 shares during the last quarter. Finally, American Century Companies Inc. grew 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 purchasing an additional 12,197 shares during the period. 36.02% of the stock is owned by institutional investors.

GrowGeneration Stock Performance

Shares of GRWG opened at $1.74 on Wednesday. The firm has a market cap of $103.09 million, a PE ratio of -2.00 and a beta of 3.10. GrowGeneration Corp. has a 1-year low of $1.49 and a 1-year high of $3.38. The firm has a fifty day simple moving average of $1.83 and a two-hundred day simple moving average of $2.02.

Insider Activity at GrowGeneration

In other news, CEO Darren Lampert bought 57,467 shares of GrowGeneration stock in a transaction that occurred on Tuesday, November 19th. The stock was bought at an average cost of $1.75 per share, with a total value of $100,567.25. Following the acquisition, the chief executive officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Michael Salaman purchased 58,476 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average price of $1.74 per share, with a total value of $101,748.24. Following the completion of the transaction, the president now owns 1,503,848 shares of the company’s stock, 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.

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.