Insider Sale: Grove Collaborative Holdings, Inc. (NYSE: GROV) Major Stockholder Sells 8,700 Shares

Grove Collaborative Holdings, Inc. (NYSE: GROV – Get Rating), major shareholder Sculptor Capital Management, I sold 8,700 shares of the company in a trade on Thursday, June 23. The stock was sold at an average price of $6.25, for a total value of $54,375.00. Following the completion of the transaction, the insider now owns 63,683 shares of the company, valued at approximately $398,018.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this hyperlink. Major shareholders who own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Sculptor Capital Management, I also recently exercised the following job(s):

  • On Tuesday, June 21, Sculptor Capital Management I sold 116,540 shares of Grove Collaborative stock. The stock was sold at an average price of $9.08, for a total value of $1,058,183.20.

GROV shares opened at $6.89 on Monday. Grove Collaborative Holdings, Inc. has a 1-year low of $3.75 and a 1-year high of $12.50.

Separately, Telsey Advisory Group began covering Grove Collaborative shares in a research note on Monday, June 27. They issued an “outperform” rating and a price target of $10.00 for the company.

Grove Collaborative Company Profile (Get a rating)

Grove Collaborative Holdings, Inc operates as a plastic neutral consumer product retailer in the United States. It provides households with household cleaning, personal care, laundry, clean beauty, baby care and pet care products. The company is based in San Francisco, California.

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