Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lessened its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 1.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,740 shares of the company’s stock after selling 306 shares during the period. Quantbot Technologies LP’s holdings in Sprouts Farmers Market were worth $3,906,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SFM. OneDigital Investment Advisors LLC acquired a new stake in shares of Sprouts Farmers Market during the 3rd quarter worth about $207,000. CIBC Asset Management Inc boosted its position in Sprouts Farmers Market by 3.6% during the third quarter. CIBC Asset Management Inc now owns 2,917 shares of the company’s stock worth $322,000 after acquiring an additional 101 shares during the last quarter. Natixis Advisors LLC grew its stake in Sprouts Farmers Market by 17.0% in the 3rd quarter. Natixis Advisors LLC now owns 25,183 shares of the company’s stock worth $2,780,000 after acquiring an additional 3,651 shares during the period. Caprock Group LLC raised its holdings in Sprouts Farmers Market by 1.9% in the 3rd quarter. Caprock Group LLC now owns 5,477 shares of the company’s stock valued at $605,000 after acquiring an additional 102 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Sprouts Farmers Market during the 3rd quarter worth $1,662,000.

Insider Activity

In other Sprouts Farmers Market news, insider Timmi Zalatoris sold 1,065 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $134.97, for a total value of $143,743.05. Following the transaction, the insider now directly owns 9,830 shares of the company’s stock, valued at $1,326,755.10. This represents a 9.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jack Sinclair sold 49,898 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $137.42, for a total transaction of $6,856,983.16. Following the sale, the chief executive officer now directly owns 189,449 shares of the company’s stock, valued at $26,034,081.58. The trade was a 20.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 83,501 shares of company stock worth $11,616,851 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Trading Up 1.9 %

NASDAQ:SFM opened at $142.39 on Friday. The business’s 50-day moving average is $150.88 and its two-hundred day moving average is $135.50. The firm has a market capitalization of $14.04 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 2.31 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 12 month low of $61.61 and a 12 month high of $178.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.13 and a quick ratio of 0.59.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Thursday, February 20th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.96 billion. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. Research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SFM has been the subject of a number of recent analyst reports. Jefferies Financial Group lifted their price objective on Sprouts Farmers Market from $119.00 to $139.00 and gave the company a “hold” rating in a research report on Tuesday, February 25th. Evercore ISI lowered their price target on Sprouts Farmers Market from $185.00 to $180.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Roth Mkm upped their price objective on shares of Sprouts Farmers Market from $105.00 to $146.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. UBS Group boosted their target price on shares of Sprouts Farmers Market from $132.00 to $195.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Finally, The Goldman Sachs Group upped their price target on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $162.92.

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.