GrowGeneration Corp. (NASDAQ:GRWG) President Purchases $103,412.65 in Stock

GrowGeneration Corp. (NASDAQ:GRWG) President Michael Salaman purchased 85,465 shares of the firm’s stock in a transaction on Wednesday, March 19th. The shares were acquired at an average price of $1.21 per share, with a total value of $103,412.65. Following the purchase, the president now directly owns 1,639,313 shares in the company, valued at $1,983,568.73. This represents a 5.50 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

GrowGeneration Trading Up 3.3 %

Shares of GRWG stock opened at $1.27 on Friday. The firm has a market capitalization of $75.51 million, a PE ratio of -1.46 and a beta of 3.39. The firm has a fifty day simple moving average of $1.32 and a two-hundred day simple moving average of $1.71. GrowGeneration Corp. has a 12 month low of $0.91 and a 12 month high of $3.38.

Institutional Trading of GrowGeneration

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC increased its stake in GrowGeneration by 24.7% during the 3rd quarter. Tidal Investments LLC now owns 1,870,563 shares of the company’s stock valued at $3,984,000 after purchasing an additional 370,635 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of GrowGeneration by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 1,368,953 shares of the company’s stock worth $2,314,000 after acquiring an additional 17,254 shares in the last quarter. Monaco Asset Management SAM bought a new stake in shares of GrowGeneration in the 4th quarter worth $783,000. Renaissance Technologies LLC bought a new stake in shares of GrowGeneration in the 4th quarter worth $431,000. Finally, Jane Street Group LLC grew its stake in shares of GrowGeneration by 120.0% in the 3rd quarter. Jane Street Group LLC now owns 166,798 shares of the company’s stock worth $355,000 after acquiring an additional 90,966 shares in the last quarter. Institutional investors own 36.02% of the company’s stock.

GrowGeneration Company Profile

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.