Grocery Outlet Holding Corp’s filing revealed that its Officer Burke Pamela B. acquired Company’s shares for reported $79371.0 on Mar 10 ’25. In the deal valued at $13.16 per share,6,033 shares were bought.
Then, Thompson Luke D bought 1,133 shares, generating $14,906 in total proceeds.
Before that, Wilson Steven K. bought 6,682 shares. Grocery Outlet Holding Corp shares valued at $87,909 were divested by the Officer at a price of $13.16 per share.
Deutsche Bank downgraded its Grocery Outlet Holding Corp [GO] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Telsey Advisory Group also remained covering GO and has decreased its forecast on October 30, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on October 30, 2024. It rated GO as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GO
On Monday, Grocery Outlet Holding Corp [NASDAQ:GO] saw its stock jump 2.75% to $13.46. Over the last five days, the stock has gained 18.80%. Grocery Outlet Holding Corp shares have fallen nearly -13.77% since the year began. Nevertheless, the stocks have fallen -48.33% over the past one year. While a 52-week high of $29.13 was reached on 02/11/25, a 52-week low of $10.26 was recorded on 02/26/25. SMA at 50 days reached $15.48, while 200 days put it at $18.01.
Levels Of Support And Resistance For GO Stock
The 24-hour chart illustrates a support level at 12.86, which if violated will result in even more drops to 12.27. On the upside, there is a resistance level at 13.80. A further resistance level may holdings at 14.15. The Relative Strength Index (RSI) on the 14-day chart is 44.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.50%. Stochastics %K at 37.62% indicates the stock is a holding.
The most recent change occurred on October 17, 2024 when Loop Capital began covering the stock and recommended ‘”a Hold”‘ rating along with a $17 price target.
