Sprouts Farmers Market, Inc. (NASDAQ:SFM) VP Sells $122,303.80 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) VP Stacy W. Hilgendorf sold 890 shares of the business’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 $122,303.80. Following the completion of the transaction, the vice president now owns 9,347 shares in the company, valued at $1,284,464.74. This trade represents a 8.69 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Sprouts Farmers Market Stock Up 1.9 %

Shares of NASDAQ SFM opened at $142.39 on Friday. 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, Inc. has a 1 year low of $61.61 and a 1 year high of $178.99. The stock has a market capitalization of $14.04 billion, a P/E ratio of 37.87, a P/E/G ratio of 2.31 and a beta of 0.67. The company has a 50-day moving average price of $150.88 and a 200-day moving average price of $135.50.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $2 billion during 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%. On average, equities research analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Sprouts Farmers Market

Institutional investors and hedge funds have recently bought and sold shares of the stock. 111 Capital bought a new stake in shares of Sprouts Farmers Market in the 4th quarter worth $1,006,000. Wealth Enhancement Advisory Services LLC grew its position in Sprouts Farmers Market by 24.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,954 shares of the company’s stock worth $757,000 after purchasing an additional 1,178 shares in the last quarter. Centaurus Financial Inc. increased its stake in Sprouts Farmers Market by 8.4% in the 4th quarter. Centaurus Financial Inc. now owns 1,466 shares of the company’s stock valued at $186,000 after buying an additional 113 shares during the last quarter. Total Wealth Planning & Management Inc. bought a new position in shares of Sprouts Farmers Market during the 4th quarter worth approximately $613,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Sprouts Farmers Market in the 4th quarter worth approximately $14,198,000.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SFM shares. Evercore ISI dropped their target price on shares of Sprouts Farmers Market from $185.00 to $180.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Roth Mkm boosted their price objective on Sprouts Farmers Market from $105.00 to $146.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. The Goldman Sachs Group raised their target price on Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Jefferies Financial Group boosted their price target on Sprouts Farmers Market from $119.00 to $139.00 and gave the company a “hold” rating in a research note on Tuesday, February 25th. Finally, StockNews.com raised shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Sprouts Farmers Market has an average rating of “Hold” and an average target price of $162.92.

About Sprouts Farmers Market

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.