Jefferies Upgrades Grocery Outlet Holding Corp (GO) to a Buy from a Hold

In a filing, Grocery Outlet Holding Corp revealed its EVP, GC and Secretary Thompson Luke D unloaded Company’s shares for reported $18837.0 on May 21 ’25. In the deal valued at $13.77 per share,1,368 shares were sold. As a result of this transaction, Thompson Luke D now holds 29,799 shares worth roughly $0.41 million.

Then, Thompson Luke D bought 1,368 shares, generating $18,832 in total proceeds.

Before that, Ragatz Erik D. bought 19,000 shares. Grocery Outlet Holding Corp shares valued at $274,740 were divested by the Director at a price of $14.46 per share. As a result of the transaction, Ragatz Erik D. now holds 19,000 shares, worth roughly $0.26 million.

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 fall -0.65% to $13.69. Over the last five days, the stock has gained 0.81%. Grocery Outlet Holding Corp shares have fallen nearly -12.30% since the year began. Nevertheless, the stocks have fallen -35.06% over the past one year. While a 52-week high of $22.55 was reached on 02/11/25, a 52-week low of $10.26 was recorded on 02/26/25. SMA at 50 days reached $14.48, while 200 days put it at $15.93.

Levels Of Support And Resistance For GO Stock

The 24-hour chart illustrates a support level at 13.48, which if violated will result in even more drops to 13.26. On the upside, there is a resistance level at 13.90. A further resistance level may holdings at 14.10. The Relative Strength Index (RSI) on the 14-day chart is 44.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.72%. Stochastics %K at 45.34% indicates the stock is a holding.

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