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Steven K. Wilson, Executive Vice President and Chief Purchasing Officer at Grocery Outlet Holding Corp (NASDAQ:GO), sold 5,000 shares of common stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $1.77 billion, has shown strong momentum with positive returns over the past three months. According to InvestingPro analysis, the stock is trading near its Fair Value, with a notably high P/E ratio of 218x.
The shares were sold at a weighted average price of $18.24, with individual sales prices ranging from $18.23 to $18.24. The total value of the transaction amounted to $91,199. InvestingPro subscribers have access to 10 additional key insights about Grocery Outlet, including detailed analysis of its financial health and growth prospects. Following the transaction, Wilson directly owns 141,923 shares of Grocery Outlet Holding Corp.
In other recent news, Grocery Outlet Holding Corp reported its second-quarter 2025 earnings, exceeding analysts’ expectations with an adjusted earnings per share of $0.23, surpassing the forecast of $0.17. However, the company’s revenue slightly missed projections, totaling $1.18 billion compared to the anticipated $1.19 billion. UBS raised its price target for Grocery Outlet to $18.00 from $17.00, acknowledging positive traction in the company’s turnaround efforts, as evidenced by its strong performance in same-store sales, adjusted EBITDA, and adjusted earnings per share. In contrast, DA Davidson lowered its price target to $16.00 from $17.00, while maintaining a Neutral rating, noting the company’s progress on various initiatives despite the adjustment. Morgan Stanley (NYSE:MS) upgraded Grocery Outlet from Underweight to Equalweight, raising its price target to $16.00 from $13.00, citing a more balanced risk/reward profile and operational improvements contributing to a stable EBITDA trajectory. These developments highlight the mixed analyst perspectives on the company’s future performance and strategic direction.
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