Militia Capital Management LLC Makes New $590,000 Investment in Grocery Outlet Holding Corp. $GO

Militia Capital Management LLC acquired a new position in shares of Grocery Outlet Holding Corp. (NASDAQ:GO) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 83,696 shares of the company’s stock, valued at approximately $590,000. Militia Capital Management LLC owned 0.08% of Grocery Outlet as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Grocery Outlet by 31.3% during the 1st quarter. Bank of America Corp DE now owns 1,083,541 shares of the company’s stock valued at $7,639,000 after acquiring an additional 258,292 shares during the period. Amundi increased its stake in Grocery Outlet by 19.9% in the first quarter. Amundi now owns 15,371 shares of the company’s stock valued at $108,000 after purchasing an additional 2,556 shares in the last quarter. California State Teachers Retirement System increased its stake in Grocery Outlet by 74.6% in the first quarter. California State Teachers Retirement System now owns 157,688 shares of the company’s stock valued at $1,112,000 after purchasing an additional 67,379 shares in the last quarter. Quantinno Capital Management LP raised its holdings in shares of Grocery Outlet by 217.0% during the first quarter. Quantinno Capital Management LP now owns 429,869 shares of the company’s stock valued at $3,031,000 after purchasing an additional 294,280 shares during the period. Finally, Rangeley Capital LLC acquired a new position in Grocery Outlet during the 1st quarter worth approximately $282,000. Institutional investors own 99.87% of the company’s stock.

Grocery Outlet Trading Up 6.1%

NASDAQ GO opened at $9.75 on Tuesday. The firm has a market capitalization of $964.47 million, a P/E ratio of -2.51, a PEG ratio of 14.50 and a beta of 0.65. The business has a fifty day simple moving average of $9.37 and a 200 day simple moving average of $8.62. Grocery Outlet Holding Corp. has a 12 month low of $5.66 and a 12 month high of $19.41. The company has a current ratio of 1.28, a quick ratio of 0.27 and a debt-to-equity ratio of 0.59.

Grocery Outlet (NASDAQ:GO) last posted its quarterly earnings data 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. Grocery Outlet had a negative net margin of 8.08% and a positive return on equity of 5.69%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm earned $0.13 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. On average, analysts predict that Grocery Outlet Holding Corp. will post 0.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. DA Davidson boosted their price objective on Grocery Outlet from $7.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. TD Cowen boosted their target price on shares of Grocery Outlet from $6.00 to $8.00 and gave the stock a “hold” rating in a research report on Thursday, May 14th. Wells Fargo & Company upped their target price on shares of Grocery Outlet from $7.00 to $9.00 and gave the stock an “equal weight” rating in a report on Thursday, May 14th. Finally, Weiss Ratings cut shares of Grocery Outlet from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday. Eleven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $10.32.

Insider Activity

In other Grocery Outlet news, insider Paul Blaine Miller purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was bought at an average cost of $9.37 per share, with a total value of $93,700.00. Following the completion of the transaction, the insider owned 59,171 shares of the company’s stock, valued at $554,432.27. The trade was a 20.34% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 5.60% of the stock is currently owned by corporate insiders.

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.