Grocery Outlet Holding Corp.'s Chief Purchasing and Merchandising Officer Paul Blaine Miller purchased 8,000 shares on August 20, 2026, according to an SEC Form 4 filing. The transaction was valued at $87,200 based on a weighted average purchase price of $10.90 per share, while the stock closed at $11.11 that day. The purchase increased Miller's direct holdings from 64,171 to 72,171 shares, a 12% jump, and his post-transaction stake was worth $801,819.81. Grocery Outlet reported trailing twelve-month revenue of $4.7 billion and a net loss of $381.3 million, with a market capitalization of $1.1 billion. The stock has fallen about 40% from its 52-week high of $19.23, and Miller's buy signals a bullish outlook after the company revised its same-store sales forecast to no more than a 0.5% year-over-year decline.
Grocery Outlet Holding CorpInsider purchase of 8,000 shares signals confidence amid stock decline and revised forecast.
