A significant insider buy by JOHN BACHMAN, Director at Grocery Outlet Holding (NASDAQ:GO), was executed on March 5, and reported in the recent SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, BACHMAN increased their investment in Grocery Outlet Holding by purchasing 14,000 shares through open-market transactions, signaling confidence in the company’s potential. The total transaction value is $159,040.
Tracking the Thursday’s morning session, Grocery Outlet Holding shares are trading at $11.35, showing a down of 1.04%.
Get to Know Grocery Outlet Holding Better
Grocery Outlet Holding Corp is a grocery store operator in the United States. It is a retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
A Deep Dive into Grocery Outlet Holding’s Financials
Revenue Growth: Grocery Outlet Holding’s remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 10.91%. This signifies a substantial increase in the company’s top-line earnings. In comparison to its industry peers, the company stands out with a …
