Insider Buying: Grove Collaborative (NYSE:GROV) Director Acquires $16,416.00 in Stock

Posted by Geri Gentry on Sep 5th, 2026

Grove Collaborative Holdings, Inc. (NYSE:GROV – Get Free Report) Director Jason Karp bought 15,200 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was bought at an average cost of $1.08 per share, for a total transaction of $16,416.00. Following the completion of the purchase, the director directly owned 590,200 shares of the company’s stock, valued at $637,416. This represents a 2.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Grove Collaborative Price Performance

Shares of Grove Collaborative stock opened at $1.08 on Friday. Grove Collaborative Holdings, Inc. has a 1 year low of $0.86 and a 1 year high of $1.57. The firm has a market cap of $46.12 million, a PE ratio of -5.68 and a beta of 1.03. The company has a 50 day simple moving average of $1.09 and a two-hundred day simple moving average of $1.21.

Grove Collaborative (NYSE:GROV – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. The company had revenue of $36.57 million during the quarter, compared to the consensus estimate of $36.70 million.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded Grove Collaborative from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, August 19th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $2.00.

Read Our Latest Research Report on Grove Collaborative

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Grove Collaborative stock. Susquehanna International Group LLP lifted its holdings in Grove Collaborative Holdings, Inc. (NYSE:GROV – Free Report) by 371.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 67,637 shares of the company’s stock after acquiring an additional 53,283 shares during the quarter. Susquehanna International Group LLP owned 0.16% of Grove Collaborative worth $101,000 at the end of the most recent quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.

About Grove Collaborative

(Get Free Report)

Grove Collaborative is a direct-to-consumer digital marketplace offering a broad assortment of sustainable home and personal care products. Operating as a public benefit corporation, the company provides an online platform designed to simplify the shopping experience for eco-friendly essentials, including cleaning supplies, personal care items, baby and family products, wellness goods and pet care.

The company’s business model centers on a subscription-based delivery service that enables members to schedule regular shipments of both third-party and private-label products.