Grove Collaborative (GROV)

• Market cap: $66.1M
• 1 day: 5.00%
• 5 days: -1.18%
• 1 month: 20.00%
• 3 months: 10.53%
• 6 months: 32.28%
• Year to date: 19.15%
• 1 year: -7.69%
• 5 years: -96.64%
• 10 years: -96.64%
• 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 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

10% more funds holding

Funds holding: 31 [Q2] → 34 (+3) [Q3]

10.57% less ownership

Funds ownership: 42.17% [Q2] → 31.6% (-10.57%) [Q3]

41% less capital invested

Capital invested by funds: $24.4M [Q2] → $14.5M (-$9.97M) [Q3]

75% less call options, than puts

Call options by funds: $3K | Put options by funds: $12K

Research analyst outlook

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

• Low target: $2 19% upside
• Avg. target: $2 19% upside
• High target: $2 19% upside

1 analyst rating

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

Telsey Advisory Group Dana Telsey 56% 1-year accuracy 107 / 190 met price target

19% upside $2

Outperform Maintained

13 Nov 2024