Grocery Outlet EVP Paul Blaine Miller Buys Company Shares

Miller Paul Blaine, the Executive Vice President and Chief Purchasing & Merchandising Officer at Grocery Outlet Holding Corp. (NasdaqGS: GO), bought 27,431 shares of the company on June 15, 2026. This insider transaction was not part of a pre-planned trading program.

Other Institutional Activity in Grocery Outlet

T. Rowe Price Investment Management, Inc. increased its holdings in Grocery Outlet by 2,869,865 shares, bringing its total to 18,633,810 shares valued at around $131.4 million. BlackRock, Inc. also added 316,560 shares, ending with 14,782,433 shares worth about $104.2 million. Meanwhile, Vanguard Portfolio Management LLC acquired 6,034,912 shares, and FMR LLC reduced its position by 9,714,605 shares, holding 5,004,794 shares valued at approximately $35.3 million.

Grocery Outlet Holding Corp. Stock Down 18.8%

Shares of Grocery Outlet Holding Corp. (NasdaqGS: GO) are currently trading at $9.62. The company has a market capitalization of about $977.4 million and a forward P/E ratio of 15.68. It has a beta of 0.672, indicating lower volatility compared to the market. The stock's 52-week range is between $5.66 and $19.41, with a 50-day moving average of $8.05 and a 200-day moving average of $10.66. The company has a current ratio of 1.28 and a quick ratio of 0.20, with a debt-to-equity ratio of 228.20.

Recent Earnings

Grocery Outlet reported revenue of $4.73 billion, reflecting a growth rate of 3.6%. However, the company posted a net margin of -8.1% and a return on equity of -38.4%, indicating financial challenges. The next earnings release is scheduled for August 4, 2026.

Insider Buying and Selling at Grocery Outlet Holding Corp.

On June 15, 2026, multiple insiders at Grocery Outlet made significant share purchases. Ian Daniel Ferry, EVP, CFO, and Treasurer, acquired 12,893 shares, while Susan Michelle Leary, SVP of Accounting, bought 6,650 shares. Paul Blaine Miller purchased an additional 27,431 shares, following another acquisition of 41,146 shares, showing confidence in the company's prospects.

Analysts Set New Price Targets

On May 14, 2026, DA Davidson, TD Cowen, and Wells Fargo all maintained their 'hold' ratings on Grocery Outlet, setting price targets at $9.00, $8.00, and $9.00, respectively. The consensus among 13 analysts is a 'hold' rating, with a target mean price of $8.46.

About Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp. operates a chain of independently operated retail stores offering consumables and fresh products in the United States. It provides a wide range of products, including dairy, deli, produce, meat, seafood, and non-perishable goods like groceries, health and beauty care, and wine. The company was founded in 1946 and is headquartered in Emeryville, California, with Mr. Jason Potter serving as CEO.

Bottom Line

Insider buying at Grocery Outlet, including significant purchases by EVP Paul Blaine Miller, suggests internal confidence in the company's future. While the stock has faced challenges, as reflected in its recent earnings and analyst ratings, these insider transactions may interest investors. It's important to remember that such filings reflect past actions and may not indicate current positions.