Grove Collaborative (GROV)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	55.59 mm	55.59 mm	55.59 mm	55.59 mm	55.59 mm	55.59 mm
Cash burn (monthly)	9.02 mm	3.26 mm	2.25 mm	2.47 mm	(no burn)	742.50 k
Cash used (since last report)	38.49 mm	13.93 mm	9.60 mm	10.55 mm	n/a	3.17 mm
Cash remaining	17.10 mm	41.66 mm	45.99 mm	45.04 mm	n/a	52.42 mm
Runway (months of cash)	1.9	12.8	20.5	18.2	n/a	70.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

GROV institutional ownership history Ownership history

97.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	28	40	-30.0%
Opened positions	4	7	-42.9%
Closed positions	16	5	+220.0%
Increased positions	5	8	-37.5%
Reduced positions	3	5	-40.0%

13F shares	Current	Prev Q	Change
Total value	7.99 bn	19.42 bn	-58.9%
Total shares	39.83 mm	36.01 mm	+10.6%
Total puts	0.00	4.60 k	EXIT
Total calls	0.00	180.30 k	EXIT
Total put/call ratio	–	0.0	–

Largest owners	Shares	Value	Change
Volition Capital Advisors IV	12.50 mm	$17.25 mm	+97.2%
Virgin Group Acquisition Sponsor II	6.65 mm	$10.11 mm	0.0%
YA II PN	3.49 mm	$0.00	0.0%
Norwest Venture Partners XIII	3.23 mm	$5.84 mm	0.0%
NVP Associates	2.94 mm	$3.97 bn	0.0%
MS Morgan Stanley	2.85 mm	$3.59 mm	+5.6%
SCU Sculptor Capital Management	1.37 mm	$2.58 mm	0.0%
NextView Ventures II	1.31 mm	$0.00	0.0%
Jason H. Karp	1.11 mm	$2.33 mm	0.0%
Mayfield XV, A Cayman Islands Exempted Limited Partnership	1.07 mm	$2.03 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Volition Capital Advisors IV	12.50 mm	+6.16 mm	+97.2%
Sculptor Capital	0.00	-1.19 mm	EXIT
Inherent	0.00	-482.43 k	EXIT
GLYNN Capital Management	226.25 k	-439.74 k	-66.0%
MS Morgan Stanley	2.85 mm	+150.67 k	+5.6%
BlackRock	122.10 k	+122.10 k	NEW
Garde Capital	0.00	-120.34 k	EXIT
Bridgeway Capital Management	0.00	-87.03 k	EXIT
BLK BlackRock	0.00	-84.00 k	EXIT
Laird Norton Trust	0.00	-83.79 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GROV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Nov 24	Jeffrey Michael Yurcisin	RSU Class A Common Stock	Grant	Acquire A	No	No	0	40,000	0.00	40,000
18 Nov 24	Jeffrey Michael Yurcisin	RSU Class A Common Stock	Grant	Acquire A	No	No	0	30,000	0.00	30,000
18 Nov 24	Jeffrey Michael Yurcisin	Class A Common Stock	Buy	Acquire P	No	No	1.378	35,000	48.23 k	197,839
15 Nov 24	Christopher Clark	Class A Common Stock	Payment of exercise	Dispose F	No	No	1.33	9,856	13.11 k	173,548
15 Nov 24	Christopher Clark	Class A Common Stock	Option exercise	Acquire M	No	No	0	21,542	0.00	183,404
15 Nov 24	Christopher Clark	Class A Common Stock	Payment of exercise	Dispose F	No	No	1.33	5,573	7.41 k	161,862
15 Nov 24	Christopher Clark	Class A Common Stock	Option exercise	Acquire M	No	No	0	12,181	0.00	167,435
15 Nov 24	Christopher Clark	Class A Common Stock	Payment of exercise	Dispose F	No	No	1.33	1,044	1.39 k	155,254
15 Nov 24	Christopher Clark	Class A Common Stock	Option exercise	Acquire M	No	No	0	2,282	0.00	156,298
15 Nov 24	Christopher Clark	Class A Common Stock	Payment of exercise	Dispose F	No	No	1.33	6,259	8.32 k	154,016