GrowGeneration CEO Darren Lampert Acquires 50,000 Shares

Darren Lampert, CEO of GrowGeneration, purchased 50,000 shares of the company.

Key Points

  • Darren Lampert, CEO of GrowGeneration Corp., bought 50,000 shares of GRWG on June 15, 2026.
  • GrowGeneration's stock trades at $1.54 with a market cap of $92.5 million and a forward P/E of -30.8.
  • AWM Investment Company holds 3.38 million shares, while BlackRock reduced its stake by 11,194 shares.

On June 15, 2026, Darren Lampert, the CEO of GrowGeneration Corp. (NasdaqCM: GRWG), purchased 50,000 shares of the company. This insider purchase did not have a specified price, but it signals a show of confidence in the company's future from its leadership.

What Changed in Darren Lampert's GrowGeneration Position

Darren Lampert's acquisition of 50,000 shares adds to his holdings in GrowGeneration Corp. This move highlights his continued faith in the company's prospects, especially considering the stock's recent trading price of $1.54.

Other Institutional Activity in GrowGeneration

AWM Investment Company, Inc. holds a significant position in GrowGeneration with 3,380,784 shares valued at approximately $3.72 million, maintaining its stake without changes. Vanguard Capital Management LLC initiated a position with 2,326,664 shares worth about $2.56 million. Renaissance Technologies LLC increased its holdings by 351,277 shares, bringing its total to 1,370,610 shares valued at $1.51 million. Monaco Asset Management SAM also added 150,100 shares, resulting in 1,174,225 shares worth $1.29 million. Meanwhile, BlackRock, Inc. trimmed its position by 11,194 shares, leaving it with 1,109,938 shares valued at $1.22 million.

GrowGeneration Stock Snapshot

Shares of GrowGeneration Corp. (NasdaqCM: GRWG) traded at approximately $1.54. The company has a market cap of $92.5 million and a forward P/E ratio of -30.8, indicating it is currently not profitable. The stock has seen a 52-week low of $0.87 and a high of $2.40. It maintains a 50-day moving average of $1.43 and a 200-day moving average of $1.46. GrowGeneration exhibits a high beta of 2.484, suggesting significant volatility.

Recent Earnings

GrowGeneration reported revenue of $164.4 million, reflecting a growth rate of 7.5%. However, the company posted a net margin of -11.92% and a return on equity of -19.21%, indicating ongoing challenges in profitability. The next earnings report is scheduled for August 14, 2026.

Insider Buying and Selling at GrowGeneration Corp.

On June 15, 2026, several insiders made purchases at GrowGeneration. CEO Darren Lampert acquired 50,000 shares, while President Michael Salaman also bought 50,000 shares. CFO Gregory Kevin Sanders purchased 24,990 shares. None of these transactions were part of pre-planned trading programs, suggesting a direct vote of confidence in the company's direction.

Analysts Set New Price Targets

Lake Street maintained a 'buy' rating on GrowGeneration with a price target of $2.50 on May 9, 2025. The consensus among analysts is mixed, with a mean target price of $2.00 based on two analyst opinions.

About GrowGeneration Corp.

GrowGeneration Corp. is a specialty retailer based in Greenwood Village, Colorado. The company develops, markets, and distributes products for hydroponic and organic gardening across the United States. It operates through its Cultivation and Gardening, and Storage Solutions segments, offering a range of products and services for indoor and outdoor gardening. Founded in 2008, GrowGeneration serves various markets including agriculture, retail, and hospitality.

Bottom Line

Darren Lampert's recent share purchase underscores his commitment to GrowGeneration's future. With a recent trading price of $1.54 and a market cap of $92.5 million, the company is navigating profitability challenges while maintaining significant market presence. Investors will watch closely for the next earnings report in August 2026 to gauge progress on these fronts.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.