GrowGeneration (GRWG) to Release Earnings on Thursday

GrowGeneration (NASDAQ:GRWG - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $39.63 million for the quarter.

GrowGeneration Price Performance

NASDAQ:GRWG traded down $0.02 during mid-day trading on Tuesday, hitting $1.15. The company's stock had a trading volume of 143,069 shares, compared to its average volume of 617,133. The business's fifty day moving average is $1.05 and its two-hundred day moving average is $1.47. The stock has a market cap of $68.12 million, a price-to-earnings ratio of -1.32 and a beta of 3.57. GrowGeneration has a 1 year low of $0.82 and a 1 year high of $3.15.

Insider Transactions at GrowGeneration

In other GrowGeneration news, CEO Darren Lampert bought 82,639 shares of GrowGeneration stock in a transaction dated Wednesday, March 19th. The stock was acquired at an average cost of $1.19 per share, with a total value of $98,340.41. Following the purchase, the chief executive officer now directly owns 1,728,522 shares in the company, valued at $2,056,941.18. This represents a 5.02 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Michael Salaman purchased 85,465 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The stock was bought at an average cost of $1.21 per share, for a total transaction of $103,412.65. Following the purchase, the president now directly owns 1,639,313 shares in the company, valued at $1,983,568.73. This trade represents a 5.50 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 7.07% of the company's stock.

Institutional Trading of GrowGeneration

An institutional investor recently raised its position in GrowGeneration stock. Bank of America Corp DE raised its position in GrowGeneration Corp. (NASDAQ:GRWG - Free Report) by 36.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 60,104 shares of the company's stock after buying an additional 16,132 shares during the period. Bank of America Corp DE owned about 0.10% of GrowGeneration worth $102,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 36.02% of the company's stock.

GrowGeneration Company Profile

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.