ArrowMark Colorado Holdings LLC Makes New $1.77 Million Investment in Grocery Outlet Holding Corp. $GO

ArrowMark Colorado Holdings LLC bought a new position in shares of Grocery Outlet Holding Corp. (NASDAQ:GO) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 110,000 shares of the company’s stock, valued at approximately $1,766,000. ArrowMark Colorado Holdings LLC owned about 0.11% of Grocery Outlet at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bayforest Capital Ltd purchased a new position in Grocery Outlet in the 3rd quarter worth about $29,000. Hantz Financial Services Inc. boosted its position in Grocery Outlet by 591.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock valued at $33,000 after buying an additional 1,739 shares during the period. PNC Financial Services Group Inc. grew its stake in Grocery Outlet by 32.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company’s stock worth $37,000 after acquiring an additional 719 shares in the last quarter. Ameritas Investment Partners Inc. bought a new position in Grocery Outlet in the 2nd quarter worth about $120,000. Finally, Shay Capital LLC purchased a new position in shares of Grocery Outlet during the third quarter worth approximately $160,000. 99.87% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Grocery Outlet

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Company directors bought sizable blocks of stock in the last few days, which can be read as a signal of insider confidence: Director Erik Ragatz purchased 125,000 shares at an average $6.00. Insider Buying: Grocery Outlet (NASDAQ:GO) Director Purchases 125,000 Shares of Stock
• Positive Sentiment: Additional insider buys this week: Director Carey Jaros bought 40,000 shares at about $6.26 and director Jeffrey York bought 120,000 shares at about $5.82 — more insider accumulation that likely supported the intraday rally. Director Purchases / Insider Filings
• Neutral Sentiment: Large institutional holders remain dominant (T. Rowe Price, Vanguard among the largest owners), which can stabilize trading but also concentrate downside if institutions sell. See the MarketBeat company page for institutional holdings and analyst consensus. Grocery Outlet (GO) — MarketBeat
• Negative Sentiment: Multiple law firms (Holzer & Holzer, Pomerantz, Glancy Prongay Wolke & Rotter, The Law Offices of Frank R. Cruz) have launched securities‑fraud investigations tied to the company’s March 4 quarter results; such probes increase legal uncertainty and headline risk. Holzer & Holzer Investigation Notice
• Negative Sentiment: The company reported a large operating loss for the fiscal year that included significant non‑cash charges (long‑lived asset impairments, restructuring charges and goodwill impairment). Those items materially depressed earnings and sparked the investigations and the prior selloff. Details on Impairments (Holzer & Holzer)
• Negative Sentiment: Analysts have trimmed ratings and price targets in recent weeks (several “hold/market perform” or “sell” views and lower targets), reinforcing downside pressure until clarity on results and legal exposure improves. Analyst notes and consensus (MarketBeat)

Grocery Outlet Stock Performance

Shares of Grocery Outlet stock opened at $6.40 on Monday. The company has a market capitalization of $628.16 million, a PE ratio of -2.79, a P/E/G ratio of 1.84 and a beta of 0.50. The company has a 50-day simple moving average of $9.25 and a two-hundred day simple moving average of $12.11. Grocery Outlet Holding Corp. has a one year low of $5.66 and a one year high of $19.41. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.32 and a current ratio of 1.37.

Grocery Outlet (NASDAQ:GO) last released its quarterly earnings results on Wednesday, March 4th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.15 earnings per share. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Research analysts expect that Grocery Outlet Holding Corp. will post 0.63 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Christopher M. Miller sold 5,024 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $5.84, for a total transaction of $29,340.16. Following the completion of the sale, the executive vice president owned 38,675 shares in the company, valued at approximately $225,862. This represents a 11.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Steven K. Wilson sold 5,141 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $5.84, for a total value of $30,023.44. Following the sale, the executive vice president owned 124,892 shares of the company’s stock, valued at approximately $729,369.28. This represents a 3.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders acquired 301,000 shares of company stock valued at $1,802,160 and sold 81,347 shares valued at $475,066. 4.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GO shares. DA Davidson set a $8.00 price target on shares of Grocery Outlet in a research note on Thursday, March 5th. Telsey Advisory Group cut Grocery Outlet from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $15.00 to $9.00 in a research note on Thursday, March 5th. UBS Group restated a “neutral” rating and set a $11.50 price objective on shares of Grocery Outlet in a report on Thursday, December 18th. Craig Hallum lowered Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $7.00 target price (down from $18.00) on shares of Grocery Outlet in a report on Thursday, March 5th. Eleven equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $10.68.

Grocery Outlet Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.