Baader Bank Aktiengesellschaft Has $785,000 Stock Holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Baader Bank Aktiengesellschaft cut its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 55.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,178 shares of the company's stock after selling 7,817 shares during the period. Baader Bank Aktiengesellschaft's holdings in Sprouts Farmers Market were worth $785,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Accent Capital Management LLC acquired a new stake in shares of Sprouts Farmers Market in the 3rd quarter valued at $25,000. Avior Wealth Management LLC increased its stake in shares of Sprouts Farmers Market by 93.5% in the 4th quarter. Avior Wealth Management LLC now owns 269 shares of the company's stock valued at $34,000 after buying an additional 130 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of Sprouts Farmers Market in the 3rd quarter valued at $38,000. Quarry LP increased its stake in shares of Sprouts Farmers Market by 1,425.8% in the 2nd quarter. Quarry LP now owns 473 shares of the company's stock valued at $40,000 after buying an additional 442 shares during the period. Finally, First Horizon Advisors Inc. increased its stake 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 valued at $40,000 after buying an additional 162 shares during the period.

Insider Activity

In other Sprouts Farmers Market news, Director Joseph D. O'leary sold 350 shares of the firm's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $150.11, for a total value of $52,538.50. Following the sale, the director now owns 17,991 shares of the company's stock, valued at approximately $2,700,629.01. This trade represents a 1.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Joseph L. Hurley sold 4,956 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $132.66, for a total value of $657,462.96. Following the completion of the transaction, the insider now owns 11,184 shares of the company's stock, valued at $1,483,669.44. The trade was a 30.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 61,869 shares of company stock valued at $8,778,152. 1.10% of the stock is owned by insiders.

Sprouts Farmers Market Stock Up 1.3 %

Shares of SFM stock traded up $2.08 on Thursday, hitting $157.19. 589,959 shares of the stock were exchanged, compared to its average volume of 1,221,784. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $15.72 billion, a P/E ratio of 45.37, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63. The business has a 50-day moving average of $142.20 and a 200 day moving average of $120.49. Sprouts Farmers Market, Inc. has a fifty-two week low of $49.81 and a fifty-two week high of $158.84.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.14. The firm had revenue of $1.95 billion for 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 for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share. Equities analysts anticipate that Sprouts Farmers Market, Inc. will post 3.68 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Evercore ISI lifted their target price on Sprouts Farmers Market from $155.00 to $160.00 and gave the company an "outperform" rating in a research note on Tuesday, December 3rd. Wells Fargo & Company raised their price target on Sprouts Farmers Market from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Thursday. Bank of America raised their price target on Sprouts Farmers Market from $115.00 to $135.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. BMO Capital Markets raised their price target on Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a "market perform" rating in a research report on Thursday, October 31st. Finally, The Goldman Sachs Group raised their price target 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 research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $119.40.

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.