On November 18, 2024, Jeffrey Yurcisin, President & Chief Executive Officer of Grove Collaborative Holdings Inc, purchased 35,000 shares of the company. Following this transaction, the insider now owns a total of 197,839 shares. The transaction details are available in the SEC Filing.
Grove Collaborative Holdings Inc (GROV, Financial) is a company that focuses on providing sustainable consumer products. The company offers a range of household, personal care, and pet products that are environmentally friendly.
The insider's recent purchase is part of a broader trend observed over the past year, where Jeffrey Yurcisin has acquired a total of 77,923 shares, with no recorded sales. This activity is set against a backdrop of 8 insider buys and 10 insider sells within the company over the same period.
Shares of Grove Collaborative Holdings Inc were trading at $1.38 each on the day of the insider's purchase, resulting in a market cap of $53.125 million for the company.
For investors, the insider's buying activity may be of interest when considering the company's valuation metrics, such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
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