Grocery Outlet Holding Corp’s recent filing unveils that its Director Ragatz Erik D. acquired Company’s shares for reported $0.27 million on May 09 ’25. In the deal valued at $14.46 per share,19,000 shares were bought. As a result of this transaction, Ragatz Erik D. now holds 19,000 shares worth roughly $0.27 million.
Then, Bortner Andrea Renee sold 1,931 shares, generating $26,628 in total proceeds. Upon selling the shares at $13.79, the insider now owns 27,106 shares.
Before that, Bortner Andrea Renee bought 1,931 shares. Grocery Outlet Holding Corp shares valued at $26,628 were divested by the Officer at a price of $13.79 per share.
Jefferies upgraded its Grocery Outlet Holding Corp [GO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Hold”. TD Cowen also remained covering GO and has decreased its forecast on November 06, 2024 with a “Hold” recommendation from previously “Buy” rating. Telsey Advisory Group revised its rating on October 30, 2024. It rated GO as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of GO
On Friday, Grocery Outlet Holding Corp [NASDAQ:GO] saw its stock jump 1.79% to $14.22. Over the last five days, the stock has lost -1.25%. Grocery Outlet Holding Corp shares have fallen nearly -8.90% since the year began. Nevertheless, the stocks have fallen -30.40% over the past one year. While a 52-week high of $23.25 was reached on 02/11/25, a 52-week low of $10.26 was recorded on 02/26/25. SMA at 50 days reached $14.19, while 200 days put it at $16.31.
Levels Of Support And Resistance For GO Stock
The 24-hour chart illustrates a support level at 13.90, which if violated will result in even more drops to 13.59. On the upside, there is a resistance level at 14.41. A further resistance level may holdings at 14.61. The Relative Strength Index (RSI) on the 14-day chart is 43.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.73%. Stochastics %K at 15.69% indicates the stock is a buying.
