Grocery Outlet Director Buys 125,000 Shares

Erik Ragatz increases stake in discount grocery chain by 62%

Mar. 14, 2026 at 8:54am

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Grocery Outlet Holding Corp. (NASDAQ:GO) Director Erik Ragatz acquired 125,000 shares of the company's stock in a transaction on March 11, 2026. The shares were purchased at an average price of $6.00 per share, for a total value of $750,000. Following the transaction, Ragatz now directly owns 326,500 shares of the company, representing a 62.03% increase in his ownership stake.

Why it matters

This insider purchase by a Grocery Outlet director signals confidence in the company's future prospects, despite its recent stock price decline. Insider buying is often seen as a positive indicator for a company's outlook, as directors typically have deep knowledge of the business.

The details

Ragatz's purchase of 125,000 shares increases his total direct ownership in Grocery Outlet to 326,500 shares, valued at $1.959 million based on the current stock price of $6.40. The transaction was disclosed in a filing with the Securities and Exchange Commission.

  • The share purchase transaction occurred on Wednesday, March 11, 2026.

The players

Erik Ragatz

A director of Grocery Outlet Holding Corp., a discount grocery store chain.

Grocery Outlet Holding Corp.

A specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors.

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The takeaway

Ragatz's substantial purchase of Grocery Outlet shares suggests he believes the company's stock is undervalued and has significant upside potential. This insider transaction could signal that Grocery Outlet is well-positioned to weather the current market challenges and continue growing its discount grocery business.