Grocery Outlet Holding Corp. (NASDAQ:GO – Get Free Report) EVP Pamela B. Burke sold 5,764 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $25.83, for a total value of $148,884.12. Following the completion of the sale, the executive vice president now owns 72,072 shares in the company, valued at $1,861,619.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Grocery Outlet Stock Up 0.9 %
Grocery Outlet stock opened at $26.62 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.35 and a quick ratio of 0.43. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.53 and a beta of 0.08. Grocery Outlet Holding Corp. has a 1-year low of $23.41 and a 1-year high of $36.54. The business has a fifty day moving average price of $25.98 and a 200-day moving average price of $27.62.
Institutional Trading of Grocery Outlet
Institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors lifted its position in Grocery Outlet by 58.1% during the 2nd quarter. Captrust Financial Advisors now owns 762 shares of the company’s stock worth $32,000 after acquiring an additional 280 shares during the period. KBC Group NV acquired a new stake in Grocery Outlet during the 4th quarter worth about $32,000. CWM LLC lifted its position in Grocery Outlet by 248.0% during the 3rd quarter. CWM LLC now owns 1,399 shares of the company’s stock worth $40,000 after acquiring an additional 997 shares during the period. Quadrant Capital Group LLC lifted its position in Grocery Outlet by 102.0% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,709 shares of the company’s stock worth $52,000 after acquiring an additional 863 shares during the period. Finally, Dark Forest Capital Management LP acquired a new stake in Grocery Outlet during the 1st quarter worth about $55,000.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on GO
About Grocery Outlet
Grocery Outlet Holding Corp. engages in ownership and operation of a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine.
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