Militia Capital Partners LP Makes New $695,000 Investment in Grocery Outlet Holding Corp. $GO

Militia Capital Partners LP acquired a new position in shares of Grocery Outlet Holding Corp. (NASDAQ:GO) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 68,800 shares of the company’s stock, valued at approximately $695,000.

Several other hedge funds also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd boosted its stake in shares of Grocery Outlet by 1,030.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock worth $26,000 after buying an additional 2,308 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Grocery Outlet during the fourth quarter worth about $35,000. PNC Financial Services Group Inc. boosted its stake in shares of Grocery Outlet by 62.7% during the third quarter. PNC Financial Services Group Inc. now owns 4,788 shares of the company’s stock worth $77,000 after buying an additional 1,846 shares during the period. State of Wyoming boosted its stake in shares of Grocery Outlet by 96.9% during the fourth quarter. State of Wyoming now owns 7,886 shares of the company’s stock worth $80,000 after buying an additional 3,880 shares during the period. Finally, Bayforest Capital Ltd boosted its stake in shares of Grocery Outlet by 427.0% during the fourth quarter. Bayforest Capital Ltd now owns 9,465 shares of the company’s stock worth $96,000 after buying an additional 7,669 shares during the period. Hedge funds and other institutional investors own 99.87% of the company’s stock.

Grocery Outlet Price Performance

Shares of NASDAQ:GO opened at $9.88 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.59. The company has a 50-day moving average price of $8.03 and a 200 day moving average price of $8.80. Grocery Outlet Holding Corp. has a 52 week low of $5.66 and a 52 week high of $19.41. The company has a market cap of $977.33 million, a P/E ratio of -2.55, a PEG ratio of 14.89 and a beta of 0.67.

Grocery Outlet (NASDAQ:GO) last issued its earnings results on Wednesday, May 13th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. Grocery Outlet had a positive return on equity of 5.69% and a negative net margin of 8.08%.The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 EPS. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Research analysts predict that Grocery Outlet Holding Corp. will post 0.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on GO shares. Morgan Stanley decreased their target price on shares of Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. DA Davidson increased their target price on shares of Grocery Outlet from $7.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Telsey Advisory Group downgraded shares of Grocery Outlet from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $15.00 to $9.00 in a research note on Thursday, March 5th. Weiss Ratings upgraded shares of Grocery Outlet from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, June 5th. Finally, TD Cowen increased their target price on shares of Grocery Outlet from $6.00 to $8.00 and gave the stock a “hold” rating in a research note on Thursday, May 14th. Eleven investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $10.32.

Insider Activity at Grocery Outlet

In other Grocery Outlet news, Director Erik D. Ragatz purchased 50,000 shares of Grocery Outlet stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $5.75 per share, with a total value of $287,500.00. Following the acquisition, the director directly owned 526,500 shares of the company’s stock, valued at $3,027,375. This represents a 10.49% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jason J. N. Potter purchased 110,252 shares of Grocery Outlet stock in a transaction dated Monday, March 23rd. The stock was acquired at an average cost of $6.35 per share, with a total value of $700,100.20. Following the completion of the acquisition, the chief executive officer directly owned 684,618 shares in the company, valued at approximately $4,347,324.30. This trade represents a 19.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 448,905 shares of company stock valued at $2,692,647 over the last three months. Insiders own 4.50% of the company’s stock.

About Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.