Director Erik D. Ragatz buys $609,000 of Grocery Outlet Holding Corp. (GO)
Erik D. Ragatz, director, bought $609,000 of stock after a 37.7% fall. WallStPal Score 60.
Erik D. Ragatz, director of Grocery Outlet Holding Corp., bought 100,000 shares on the open market on March 16, 2026 at an average of $6.09 a share, for a total of $609,000. The purchase was reported to the SEC on Form 4 on March 17, 2026.
It raised their holding by 31%, to 426,500 shares.
The purchase came after a fall: Grocery Outlet Holding Corp. stock was down 37.7% over the 13 weeks before.
1 other insider also bought at least $10,000 of GO within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Grocery Outlet Holding Corp. insiders reported 2 open-market purchases and 3 sales.
WallStPal Score: 60 out of 100, because of raised their holding by 31%; a large purchase; 1 other insider also bought; the stock had fallen 37.7% in the 13 weeks before.
What happened next: after 1 month the stock was up 12.3% (9.7 points better than the S&P 500); after 3 months the stock was up 57.3% (45.3 points better than the S&P 500); after 6 months the stock was up 85.1% (69.7 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Our read
This one purchase is 87% of all insider buying at GO in the past year, the first open-market purchase by Erik D. Ragatz in our records, made after a 37.7% fall in 13 weeks, a setup where insider buying has historically mattered most. Insiders buy for many reasons and can be wrong; one purchase is a reason to look closer, not a reason to buy.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Erik D. Ragatz helps run Grocery Outlet Holding Corp.. Spending $609,000 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
Sources
- Form 4: Erik D. Ragatz, purchase of GO · filed 2026-03-17
- Form 4: Steven K. Wilson, sale · filed 2026-03-17
- Form 4: Andrea Renee Bortner, sale · filed 2026-03-17
- Form 4: Luke D. Thompson, sale · filed 2026-03-17
The purchase filing and the other most recent Form 4 filings for the same company.