BACHMAN JOHN E.

Director John E. Bachman buys 16,000 shares at $6.46 blended price (down 67.4% from 52-week high); cluster pattern with 2 other insiders buying within 14 days

Director John E. Bachman executed 2 separate purchases totaling 16,000 shares for $103,314.42, increasing his holdings by 27.9% to 73,367 shares. The transaction occurred at a blended average price of $6.46, while the stock trades 67.4% below its 52-week high of $18.66 and has declined 39.6% over the past 30 days and 46.6% over 90 days. Of his 3 prior GO purchases, only 1 proved well-timed at the 90-day mark, and his most recent 2025-03-04 buy at GO showed a positive 90-day return of 19.9%, suggesting occasional accuracy at this ticker. The filing reflects a cluster pattern with 2 other insiders also buying within the past 14 days, indicating coordinated confidence at depressed valuations. The company generated $1.2B in quarterly revenue and reported net income of $11.6M, though it remains unprofitable on a full-year basis, creating fundamental uncertainty.

Director Bachman buys 14,000 GO shares at $11.36; holdings rise to 46,675 (+42.8%); stock down -60.4% from 52-week high; 4 other insiders bought within 14 days.

John E. Bachman, a Director, purchased 14,000 shares at $11.36 on 2025-03-04, increasing his holdings by 42.8% to 46,675 shares, while Grocery Outlet stock trades at $11.47 versus its 52-week high of $29.00. His prior two purchases at this ticker—both on 2024-05-14—each yielded negative 90-day returns (-5.7% and -4.4%), establishing a pattern of poor timing on the same-ticker basis. The current purchase occurs as part of a four-insider cluster buy within the past 14 days, suggesting coordinated action, yet this occurs against a backdrop where the stock has fallen 30.6% over 30 days and 38.9% over 90 days. While the P/E of 95.58 and revenue growth of 10.1% provide some fundamental context, the repeated pattern of underwater 90-day outcomes at this ticker alongside steep recent declines and a 60% drawdown from the 52-week peak warrant investor scrutiny of the underlying rationale for this accumulation.