As previously reported last night, Grocery Outlet (GO) disclosed that its CEO Jason Potter bought 112,8000 shares of common stock on March 23 in a total transaction size of $717,200. Shares of are up 55c, or nearly 9%, to $7.10 in morning trading.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GO:
- Closing Bell Movers: Navan jumps over 20% after results
- Grocery Outlet CEO buys $717.2K in common stock
- Grocery Outlet Holding Corp. Faces Federal Securities Lawsuit Over Alleged Misleading Statements on Store Growth Strategy
- Grocery Outlet price target lowered to $10.50 from $13 at BofA
- Brand and IP Risks Put Grocery Outlet’s Competitive Edge and Financial Performance Under Pressure