Charles Schwab Investment Management Inc. Sells 11,457 Shares of GrowGeneration Corp. $GRWG

Charles Schwab Investment Management Inc. decreased its holdings in shares of GrowGeneration Corp. (NASDAQ:GRWGFree Report) by 2.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 454,733 shares of the company’s stock after selling 11,457 shares during the period. Charles Schwab Investment Management Inc. owned about 0.76% of GrowGeneration worth $491,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Deutsche Bank AG grew its holdings in GrowGeneration by 449.9% during the 4th quarter. Deutsche Bank AG now owns 127,091 shares of the company’s stock worth $215,000 after acquiring an additional 103,981 shares during the period. Monaco Asset Management SAM boosted its stake in GrowGeneration by 18.5% in the 1st quarter. Monaco Asset Management SAM now owns 548,721 shares of the company’s stock worth $593,000 after purchasing an additional 85,675 shares during the period. Bank of America Corp DE boosted its stake in GrowGeneration by 36.7% in the 4th quarter. Bank of America Corp DE now owns 60,104 shares of the company’s stock worth $102,000 after purchasing an additional 16,132 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in GrowGeneration by 13.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 80,998 shares of the company’s stock worth $137,000 after purchasing an additional 9,613 shares during the period. Finally, Barclays PLC boosted its stake in GrowGeneration by 12.0% in the 4th quarter. Barclays PLC now owns 84,528 shares of the company’s stock worth $143,000 after purchasing an additional 9,076 shares during the period. Institutional investors own 36.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Lake Street Capital decreased their price objective on GrowGeneration from $4.00 to $2.50 and set a “buy” rating for the company in a report on Friday, May 9th. Wall Street Zen raised GrowGeneration from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $2.50.

Check Out Our Latest Stock Report on GrowGeneration

GrowGeneration Stock Down 3.7%

Shares of NASDAQ GRWG opened at $1.58 on Thursday. The business’s 50 day moving average price is $1.23 and its two-hundred day moving average price is $1.15. The company has a market cap of $94.44 million, a PE ratio of -1.93 and a beta of 3.00. GrowGeneration Corp. has a twelve month low of $0.82 and a twelve month high of $2.27.

GrowGeneration (NASDAQ:GRWGGet Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The firm had revenue of $40.96 million for the quarter, compared to the consensus estimate of $40.96 million. GrowGeneration had a negative return on equity of 34.92% and a negative net margin of 29.84%. GrowGeneration has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that GrowGeneration Corp. will post -0.58 EPS for the current fiscal year.

About GrowGeneration

(Free Report)

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.

See Also

Institutional Ownership by Quarter for GrowGeneration (NASDAQ:GRWG)

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