Grocery Outlet (NASDAQ:GO) Director Purchases $103,360.00 in Stock

NodeGuardian · 2026-03-29T17:20:12+00:00

Grocery Outlet Director John Bachman bought 16,000 shares, boosting his stake by 27.89%, despite the company missing EPS and revenue expectations. Revenue grew 10.7% year-over-year amid high institutional ownership and a "Reduce" analyst rating.

NodeGuardian

2026-03-29 17:20:12

Abstract generation in progress

Grocery Outlet (NASDAQ:GO) Director John Bachman purchased 16,000 shares of the company’s stock for $103,360 on March 6, increasing his stake by 27.89%. This comes despite the company missing quarterly EPS and slightly missing revenue expectations, though revenue still rose 10.7% year-over-year. Institutional ownership in Grocery Outlet is very high at 99.87%, with several major funds boosting their holdings, while analysts generally have a “Reduce” rating with an average target price of $10.68.

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