Recent Insider Activity Suggests Potential Gains for GrowGeneration Corp (GRWG)

GrowGeneration Corp’s recent filing unveils that its President Salaman Michael acquired Company’s shares for reported $0.1 million on Mar 19 ’25. In the deal valued at $1.21 per share,85,465 shares were bought. As a result of this transaction, Salaman Michael now holds 1,639,313 shares worth roughly $2.18 million.

Then, Lampert Darren bought 82,639 shares, generating $98,340 in total proceeds. Upon buying the shares at $1.19, the CEO now owns 1,728,522 shares.

Before that, Salaman Michael bought 58,476 shares. GrowGeneration Corp shares valued at $101,748 were divested by the President at a price of $1.74 per share. As a result of the transaction, Salaman Michael now holds 1,503,848 shares, worth roughly $2.0 million.

Oppenheimer downgraded its GrowGeneration Corp [GRWG] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in early May from “a Hold” to “a Buy”. Alliance Global Partners also remained covering GRWG and has decreased its forecast on August 05, 2022 with a “Neutral” recommendation from previously “Buy” rating. ROTH Capital revised its rating on March 03, 2022. It rated GRWG as “a Neutral” which previously was an “a Buy”.

Price Performance Review of GRWG

On Friday, GrowGeneration Corp [NASDAQ:GRWG] saw its stock jump 12.71% to $1.33. Over the last five days, the stock has gained 25.47%. GrowGeneration Corp shares have fallen nearly -21.30% since the year began. Nevertheless, the stocks have fallen -49.43% over the past one year.

Levels Of Support And Resistance For GRWG Stock

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