Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Vista Investment Partners LLC

Vista Investment Partners LLC cut its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 23.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,560 shares of the company’s stock after selling 20,358 shares during the quarter. Sprouts Farmers Market makes up approximately 2.6% of Vista Investment Partners LLC’s portfolio, making the stock its 5th biggest position. Vista Investment Partners LLC owned 0.07% of Sprouts Farmers Market worth $8,458,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Accent Capital Management LLC bought a new stake in Sprouts Farmers Market in the third quarter worth approximately $25,000. Avior Wealth Management LLC boosted its holdings in Sprouts Farmers Market by 93.5% in the fourth quarter. Avior Wealth Management LLC now owns 269 shares of the company’s stock worth $34,000 after acquiring an additional 130 shares in the last quarter. V Square Quantitative Management LLC bought a new position in shares of Sprouts Farmers Market in the third quarter valued at $38,000. Quarry LP increased its position in shares of Sprouts Farmers Market by 1,425.8% during the second quarter. Quarry LP now owns 473 shares of the company’s stock worth $40,000 after acquiring an additional 442 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of Sprouts Farmers Market by 80.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 363 shares of the company’s stock worth $40,000 after acquiring an additional 162 shares during the last quarter.

Sprouts Farmers Market Trading Up 0.2 %

NASDAQ SFM opened at $146.75 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. Sprouts Farmers Market, Inc. has a fifty-two week low of $49.35 and a fifty-two week high of $155.64. The stock has a market cap of $14.67 billion, a P/E ratio of 42.41, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63. The stock has a 50 day simple moving average of $141.60 and a two-hundred day simple moving average of $119.01.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.14. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.88 billion. Sprouts Farmers Market had a return on equity of 28.24% and a net margin of 4.73%. The business’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 EPS. On average, analysts forecast that Sprouts Farmers Market, Inc. will post 3.68 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on SFM. StockNews.com upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Evercore ISI boosted their price target on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Wells Fargo & Company upped their price objective on Sprouts Farmers Market from $90.00 to $130.00 and gave the company an “equal weight” rating in a research note on Thursday, October 31st. BMO Capital Markets lifted their target price on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Finally, The Goldman Sachs Group increased their target price on Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Sprouts Farmers Market has an average rating of “Hold” and an average price target of $118.40.

Insider Transactions at Sprouts Farmers Market

In other news, Director Douglas Gregory Rauch sold 700 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $148.89, for a total transaction of $104,223.00. Following the transaction, the director now directly owns 10,874 shares of the company’s stock, valued at $1,619,029.86. This represents a 6.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jack Sinclair sold 2,935 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $138.74, for a total value of $407,201.90. Following the completion of the transaction, the chief executive officer now directly owns 149,499 shares of the company’s stock, valued at approximately $20,741,491.26. This trade represents a 1.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 61,869 shares of company stock valued at $8,778,152 in the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Sprouts Farmers Market Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.