Grove Collaborative Holdings, Inc. (NYSE:GROV - Get Free Report) CEO Jeffrey Michael Yurcisin bought 35,000 shares of the business's stock in a transaction on Monday, November 18th. The stock was purchased at an average price of $1.38 per share, with a total value of $48,300.00. Following the completion of the transaction, the chief executive officer now directly owns 197,839 shares of the company's stock, valued at $273,017.82. This trade represents a 21.49 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Grove Collaborative Stock Down 1.1 %
GROV stock opened at $1.35 on Wednesday. The company has a debt-to-equity ratio of 14.58, a current ratio of 2.07 and a quick ratio of 1.45. The firm has a market cap of $52.40 million, a PE ratio of -1.95 and a beta of 0.97. Grove Collaborative Holdings, Inc. has a 12 month low of $1.19 and a 12 month high of $2.49. The firm has a 50 day simple moving average of $1.34 and a 200 day simple moving average of $1.46.
Institutional Investors Weigh In On Grove Collaborative
A hedge fund recently bought a new stake in Grove Collaborative stock. Renaissance Technologies LLC bought a new stake in shares of Grove Collaborative Holdings, Inc. (NYSE:GROV - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,700 shares of the company's stock, valued at approximately $38,000. Renaissance Technologies LLC owned about 0.06% of Grove Collaborative as of its most recent SEC filing. Institutional investors own 91.64% of the company's stock.
Wall Street Analysts Forecast Growth
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Separately, Telsey Advisory Group restated an "outperform" rating and issued a $2.00 price objective on shares of Grove Collaborative in a report on Wednesday, November 13th.
Read Our Latest Report on Grove Collaborative
Grove Collaborative Company Profile
(
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Grove Collaborative Holdings, Inc operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store.
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