Grocery Outlet Holding Corp’s recent filing unveils that its insider Bortner Andrea Renee unloaded Company’s shares for reported $26628.0 on Apr 02 ’25. In the deal valued at $13.79 per share,1,931 shares were sold. As a result of this transaction, Bortner Andrea Renee now holds 27,106 shares worth roughly $0.37 million.
Then, Bortner Andrea Renee bought 1,931 shares, generating $26,628 in total proceeds.
Before that, Wilson Steven K. sold 6,682 shares. Grocery Outlet Holding Corp shares valued at $87,935 were divested by the EVP, Chief Purchasing Officer at a price of $13.16 per share. As a result of the transaction, Wilson Steven K. now holds 166,923 shares, worth roughly $2.29 million.
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 Friday, Grocery Outlet Holding Corp [NASDAQ:GO] saw its stock fall -1.37% to $13.70. Over the last five days, the stock has gained 3.40%. Grocery Outlet Holding Corp shares have fallen nearly -12.24% since the year began. Nevertheless, the stocks have fallen -48.48% over the past one year. While a 52-week high of $27.65 was reached on 02/11/25, a 52-week low of $10.26 was recorded on 02/26/25. SMA at 50 days reached $14.36, while 200 days put it at $17.20.
Levels Of Support And Resistance For GO Stock
The 24-hour chart illustrates a support level at 13.33, which if violated will result in even more drops to 12.96. On the upside, there is a resistance level at 14.14. A further resistance level may holdings at 14.59. The Relative Strength Index (RSI) on the 14-day chart is 52.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.31%. Stochastics %K at 77.05% indicates the stock is a holding.
How much short interest is there in Grocery Outlet Holding Corp?
A steep rise in short interest was recorded in Grocery Outlet Holding Corp stocks on 2025-03-14, growing by 2.13 million shares to a total of 13.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 11.52 million shares. There was a rise of 15.59%, which implies that there is a positive sentiment for the stock.
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.
