The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Grocery Outlet Holding Corp shares valued at $26,628 were purchased by Bortner Andrea Renee on Apr 02 ’25. At $13.79 per share, Bortner Andrea Renee acquired 1,931 shares.
Also, Wilson Steven K. sold 6,682 shares, netting a total of over 87,935 in proceeds. Following the sale of shares at $13.16 each, the insider now holds 166,923 shares.
Before that, Thompson Luke D had sold 1,133 shares from its account. In a trade valued at $14,910, the EVP, GC and Secretary traded Grocery Outlet Holding Corp shares for $13.16 each. Upon closing the transaction, the insider’s holdings decreased to 1,133 shares, worth approximately $0.43 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 6.36%. Over the course of the year, Grocery Outlet Holding Corp shares have dropped approximately -12.11%. 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 $14.41, while a 200-day SMA reached $17.27.
Support And Resistance Levels for Grocery Outlet Holding Corp (GO)
According to the 24-hour chart, there is a support level at 13.50, which, if violated, would cause prices to drop to 13.27. In the upper region, resistance lies at 14.12. The next price resistance is at 14.51. RSI (Relative Strength Index) is 53.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.90, which suggests the price will decrease in the coming days. Percent R is at 23.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
