Grove Collaborative (GROV)

• Market cap: $55.7M
• Sector: Consumer Discretionary
• Industry: Catalog & Mail-Order Houses

About: Grove Collaborative Holdings Inc is engaged in providing consumer products. It offers Cleaning accessories, Home and Pantry, Personal care products, Pets supplements and Other products.

Employees: 560

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

3,888% more call options, than puts

Call options by funds: $319K | Put options by funds: $8K

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

0% more funds holding

Funds holding: 31 [Q1] → 31 (+0) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

6.79% less ownership

Funds ownership: 40.71% [Q1] → 33.92% (-6.79%) [Q2]

11% less capital invested

Capital invested by funds: $22.1M [Q1] → $19.6M (-$2.43M) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $2 40% upside
• Avg. target: $2 40% upside
• High target: $2 40% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Telsey Advisory Group Dana Telsey 48% 1-year accuracy 79 / 166 met price target

40% upside $2

Outperform Maintained

9 Aug 2024