Grocery Outlet Director Buys $609,000 in Stock

Purchase represents a 30.63% increase in director's ownership stake

Mar. 17, 2026 at 10:41pm

Got story updates? Submit your updates here. ›

Grocery Outlet Holding Corp. (NASDAQ:GO) Director Erik Ragatz purchased 100,000 shares of the company's stock on Monday, March 16th, at an average price of $6.09 per share, for a total transaction of $609,000. This purchase increased Ragatz's direct ownership stake in the company to 426,500 shares, valued at approximately $2,597,385.

Why it matters

Insider purchases can be a signal of confidence in a company's future prospects. Ragatz's significant purchase of Grocery Outlet stock suggests he believes the company is undervalued and has potential for growth, which could be of interest to investors.

The details

Ragatz's purchase of 100,000 shares represents a 30.63% increase in his ownership of Grocery Outlet stock. The transaction was disclosed in a legal filing with the Securities and Exchange Commission. Grocery Outlet is a discount grocery retailer that operates over 400 stores across the United States.

  • The stock purchase was made on Monday, March 16, 2026.

The players

Erik Ragatz

Director of Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp.

A discount grocery retailer that operates over 400 stores across the United States.

Got photos? Submit your photos here. ›

The takeaway

Ragatz's significant purchase of Grocery Outlet stock suggests he sees value in the company and believes it has potential for future growth, which could be a positive signal for investors considering the stock.