Sprouts Farmers Market Inc (NASDAQ:SFM) insider Brandon F. Lombardi sold 8,557 shares of Sprouts Farmers Market stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $25.74, for a total value of $220,257.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Sprouts Farmers Market Inc (NASDAQ:SFM) traded up $0.61 during trading hours on Friday, hitting $25.47. The company’s stock had a trading volume of 2,650,462 shares, compared to its average volume of 2,474,067. Sprouts Farmers Market Inc has a fifty-two week low of $17.38 and a fifty-two week high of $25.98. The stock has a market capitalization of $3,390.00, a price-to-earnings ratio of 26.26, a PEG ratio of 1.93 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 1.00 and a debt-to-equity ratio of 0.77.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Thursday, November 2nd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.05. Sprouts Farmers Market had a return on equity of 21.00% and a net margin of 3.01%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the previous year, the business earned $0.16 earnings per share. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. analysts expect that Sprouts Farmers Market Inc will post 0.99 earnings per share for the current fiscal year.

Several equities research analysts have recently issued reports on SFM shares. SunTrust Banks reaffirmed a “buy” rating and issued a $27.00 target price on shares of Sprouts Farmers Market in a report on Friday, September 15th. BidaskClub cut Sprouts Farmers Market from a “hold” rating to a “sell” rating in a report on Monday, September 18th. Zacks Investment Research raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Wednesday, October 4th. Susquehanna Bancshares initiated coverage on Sprouts Farmers Market in a research note on Monday, October 16th. They set a “positive” rating and a $23.00 price objective on the stock. Finally, UBS Group set a $25.00 price objective on Sprouts Farmers Market and gave the stock a “buy” rating in a research note on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $24.89.

Several large investors have recently made changes to their positions in SFM. Old Mutual Global Investors UK Ltd. purchased a new position in shares of Sprouts Farmers Market during the third quarter valued at approximately $40,505,000. PointState Capital LP purchased a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $32,954,000. Renaissance Technologies LLC boosted its holdings in shares of Sprouts Farmers Market by 79.2% in the second quarter. Renaissance Technologies LLC now owns 2,573,600 shares of the company’s stock valued at $58,344,000 after purchasing an additional 1,137,200 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Sprouts Farmers Market by 49.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,009,401 shares of the company’s stock valued at $37,717,000 after purchasing an additional 665,598 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of Sprouts Farmers Market by 171.1% in the third quarter. Wells Fargo & Company MN now owns 677,408 shares of the company’s stock valued at $12,715,000 after purchasing an additional 427,528 shares during the period. Institutional investors and hedge funds own 89.68% of the company’s stock.

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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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