Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Grocery Outlet Holding Corp shares valued at $87,935 were sold by Wilson Steven K. on Mar 10 ’25. At $13.16 per share, Wilson Steven K. sold 6,682 shares. The insider’s holdings dropped to 166,923 shares worth approximately $2.05 million following the completion of this transaction.
Also, Thompson Luke D sold 1,133 shares, netting a total of over 14,910 in proceeds. Following the sale of shares at $13.16 each, the insider now holds 31,167 shares.
Before that, Lindberg Eric J. Jr. had sold 35,438 shares from its account. In a trade valued at $466,364, the Director traded Grocery Outlet Holding Corp shares for $13.16 each. Upon closing the transaction, the insider’s holdings decreased to 35,438 shares, worth approximately $1.94 million.
As published in a research note from Deutsche Bank on February 26, 2025, Grocery Outlet Holding Corp [GO] has been rated down from a Buy to a Hold and the price target has been revised to $12. Analysts at TD Cowen downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of October 30, 2024, Telsey Advisory Group has decreased its “an Outperform” rating to a “Market perform” for GO. Earlier on October 30, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for GO stock which previously was a “a Buy”.
Analyzing GO Stock Performance
During the last five days, there has been a surge of approximately 6.89%. Over the course of the year, Grocery Outlet Holding Corp shares have dropped approximately -21.46%. Shares of the company reached a 52-week high of $17.69 on 02/11/25 and a 52-week low of $10.26 on 02/26/25. A 50-day SMA is recorded $15.34, while a 200-day SMA reached $17.91.
Support And Resistance Levels for Grocery Outlet Holding Corp (GO)
According to the 24-hour chart, there is a support level at 11.73, which, if violated, would cause prices to drop to 11.19. In the upper region, resistance lies at 12.82. The next price resistance is at 13.39. RSI (Relative Strength Index) is 37.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.06, which suggests the price will decrease in the coming days. Percent R is at 66.50%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
