GrowGeneration Corp. (NASDAQ:GRWG) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its stake in GrowGeneration Corp. (NASDAQ:GRWG) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,351,699 shares of the company’s stock after selling 26,290 shares during the quarter. Geode Capital Management LLC owned about 2.28% of GrowGeneration worth $2,879,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GRWG. Bank of New York Mellon Corp boosted its holdings in shares of GrowGeneration by 6.4% in the second quarter. Bank of New York Mellon Corp now owns 194,974 shares of the company’s stock valued at $419,000 after acquiring an additional 11,742 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in GrowGeneration by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,411,087 shares of the company’s stock worth $3,034,000 after purchasing an additional 43,701 shares during the period. Empowered Funds LLC boosted its stake in GrowGeneration by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 112,180 shares of the company’s stock valued at $239,000 after purchasing an additional 5,628 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of GrowGeneration during the 3rd quarter valued at $42,000. Finally, Barclays PLC raised its stake in shares of GrowGeneration by 274.2% in the 3rd quarter. Barclays PLC now owns 75,452 shares of the company’s stock worth $161,000 after buying an additional 55,290 shares in the last quarter. Institutional investors own 36.02% of the company’s stock.

GrowGeneration Stock Performance

Shares of GrowGeneration stock opened at $1.74 on Wednesday. GrowGeneration Corp. has a 52 week low of $1.49 and a 52 week high of $3.38. The stock has a market cap of $103.09 million, a PE ratio of -2.00 and a beta of 3.10. The company’s 50-day moving average price is $1.83 and its two-hundred day moving average price is $2.02.

Insider Buying and Selling at GrowGeneration

In other GrowGeneration news, CEO Darren Lampert purchased 57,467 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was bought at an average cost of $1.75 per share, with a total value of $100,567.25. Following the acquisition, the chief executive officer now owns 1,595,883 shares of the company’s stock, valued at $2,792,795.25. The trade was a 3.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Michael Salaman acquired 58,476 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were bought at an average price of $1.74 per share, for a total transaction of $101,748.24. Following the acquisition, the president now owns 1,503,848 shares in the company, valued at approximately $2,616,695.52. This trade represents a 4.05 % increase in their position. The disclosure for this purchase can be found here. 7.07% of the stock is owned by corporate insiders.

About GrowGeneration

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.