Sprouts Farmers Market Inc (SFM) Insider Sells $220,257.18 in Stock

Sprouts Farmers Market Inc (NASDAQ:SFM) insider Brandon F. Lombardi sold 8,557 shares of the company’s stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $25.74, for a total transaction of $220,257.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Sprouts Farmers Market Inc (SFM) traded up $0.61 during trading hours on Friday, hitting $25.47. 2,650,422 shares of the company were exchanged, compared to its average volume of 1,646,295. The company has a current ratio of 1.00, a quick ratio of 0.23 and a debt-to-equity ratio of 0.77. Sprouts Farmers Market Inc has a 12-month low of $17.38 and a 12-month high of $25.98. The company has a market capitalization of $3,308.14, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 1.93 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.05. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. Sprouts Farmers Market had a net margin of 3.01% and a return on equity of 21.00%. Sprouts Farmers Market’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share. equities research analysts anticipate that Sprouts Farmers Market Inc will post 1 EPS for the current year.

A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Friday. BMO Capital Markets set a $26.00 price target on shares of Sprouts Farmers Market and gave the stock a “hold” rating in a research report on Wednesday. Stephens set a $25.00 price target on shares of Sprouts Farmers Market and gave the stock a “hold” rating in a research report on Wednesday. Susquehanna Bancshares set a $30.00 price target on shares of Sprouts Farmers Market and gave the stock a “buy” rating in a research report on Thursday. Finally, BidaskClub lowered shares of Sprouts Farmers Market from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 6th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $24.89.

A number of institutional investors have recently added to or reduced their stakes in SFM. Schwab Charles Investment Management Inc. raised its stake in Sprouts Farmers Market by 20.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 676,497 shares of the company’s stock valued at $15,337,000 after purchasing an additional 113,029 shares in the last quarter. Legal & General Group Plc raised its stake in Sprouts Farmers Market by 18.8% during the second quarter. Legal & General Group Plc now owns 110,793 shares of the company’s stock valued at $2,512,000 after purchasing an additional 17,545 shares in the last quarter. Victory Capital Management Inc. raised its stake in Sprouts Farmers Market by 17.6% during the second quarter. Victory Capital Management Inc. now owns 7,739 shares of the company’s stock valued at $175,000 after purchasing an additional 1,161 shares in the last quarter. Prudential Financial Inc. raised its stake in Sprouts Farmers Market by 2.0% during the second quarter. Prudential Financial Inc. now owns 79,120 shares of the company’s stock valued at $1,794,000 after purchasing an additional 1,550 shares in the last quarter. Finally, Utah Retirement Systems raised its stake in Sprouts Farmers Market by 2.1% during the second quarter. Utah Retirement Systems now owns 24,500 shares of the company’s stock valued at $555,000 after purchasing an additional 500 shares in the last quarter. 89.68% of the stock is currently owned by institutional investors.

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Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.

Insider Buying and Selling by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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