Grove Collaborative (GROV)

• Market cap: $54.3M
• 1 day: 0.73%
• 5 days: -7.38%
• 1 month: 2.99%
• 3 months: -1.43%
• 6 months: -15.85%
• Year to date: -26.20%
• 1 year: -24.18%
• 5 years: -97.24%
• 10 years: -97.24%
• 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)

100% more funds holding in top 10

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

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

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]

63% less call options, than puts

Call options by funds: $3K | Put options by funds: $8K

Research analyst outlook

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

• Low target: $2 45% upside
• Avg. target: $2 45% upside
• High target: $2 45% upside

1 analyst rating

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

Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target

45% upside $2

Outperform Maintained

13 Nov 2024