Insider purchase
Director Ragatz Erik D. reported on March 11, 2026, that he purchased 125,000 shares of Grocery Outlet Holding Corp. (NASDAQ: GO). The reported weighted average price for the transactions was $6.00 per share, making the total value of the purchase $750,000. The filing notes that the shares were bought across multiple transactions at prices ranging from $5.95 to $6.05, inclusive.
Share price context
The acquisition occurred while Grocery Outlet's stock was trading near its 52-week low of $5.66. Over the past six months, the shares have declined roughly 66%, with the company trading at a market capitalization of about $597 million. According to InvestingPro analysis, the stock appears undervalued at current levels, with the platform's Fair Value estimate indicating meaningful upside potential.
Recent financials
Grocery Outlet's most recent quarter produced mixed results. The company reported fourth-quarter adjusted earnings per share of $0.19, below the analyst estimate of $0.21 but higher than $0.15 in the same quarter a year earlier. Net sales rose 11% year-over-year to $1.22 billion, which aligned with consensus expectations. Adjusted EBITDA came in at $68.0 million, underperforming the $72.3 million estimate.
Analyst reactions
Those performance shortfalls prompted multiple analyst revisions. Telsey downgraded the stock from Outperform to Market Perform, citing market share losses and a difficult macroeconomic backdrop. BofA Securities trimmed its price target to $10.50 from $13.00 while keeping a Neutral rating, and noted a 4% decline in weekly sales. DA Davidson lowered its price target to $7.00 from $11.00, referencing weakened business trends. TD Cowen cut its price target to $8.00 from $11.00, pointing to errors in the product mix that affected transaction sizes.
What the transaction and results show
The director's purchase is a material insider transaction recorded at a time when the stock is trading well below its 52-week high and close to its low, and after the company released quarterly results that missed some analyst expectations. InvestingPro's valuation commentary signals that some market participants view the shares as undervalued, while several sell-side analysts have reacted to the quarter with reduced ratings and lower price targets.
Note on the reported price
The filing specifies that the $6.00 figure is a weighted average price and that the transactions occurred within the $5.95 to $6.05 range.
Further reading
Investors seeking more detailed valuation and company analysis can consult the Pro Research Report referenced by InvestingPro for this company and other U.S. stocks covered on the platform.