Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Fiera Capital Corp

Fiera Capital Corp cut its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 283,965 shares of the company's stock after selling 3,257 shares during the period. Fiera Capital Corp owned approximately 0.28% of Sprouts Farmers Market worth $36,083,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its stake in shares of Sprouts Farmers Market by 33.6% during the 4th quarter. Van ECK Associates Corp now owns 79,289 shares of the company's stock worth $10,075,000 after purchasing an additional 19,921 shares in the last quarter. Legato Capital Management LLC purchased a new position in shares of Sprouts Farmers Market during the 4th quarter worth approximately $780,000. Summit Trail Advisors LLC purchased a new position in shares of Sprouts Farmers Market during the 4th quarter worth approximately $213,000. Savant Capital LLC purchased a new position in shares of Sprouts Farmers Market during the 4th quarter worth approximately $243,000. Finally, Empowered Funds LLC increased its stake in shares of Sprouts Farmers Market by 4.1% during the 4th quarter. Empowered Funds LLC now owns 64,104 shares of the company's stock worth $8,146,000 after purchasing an additional 2,522 shares in the last quarter.

Wall Street Analyst Weigh In

Several research firms have commented on SFM. StockNews.com raised shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research note on Wednesday, January 15th. Wells Fargo & Company lifted their target price on shares of Sprouts Farmers Market from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 30th. The Goldman Sachs Group lifted their target price on shares of Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Evercore ISI lifted their target price on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 3rd. Finally, BMO Capital Markets lifted their price target on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the company a "market perform" rating in a report on Thursday, October 31st. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Sprouts Farmers Market has an average rating of "Hold" and a consensus target price of $124.40.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 2,915 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $167.54, for a total transaction of $488,379.10. Following the completion of the transaction, the chief executive officer now directly owns 143,669 shares of the company's stock, valued at $24,070,304.26. The trade was a 1.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Douglas Gregory Rauch sold 700 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $148.89, for a total transaction of $104,223.00. Following the transaction, the director now directly owns 10,874 shares of the company's stock, valued at $1,619,029.86. The trade was a 6.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 42,614 shares of company stock valued at $6,323,731 in the last ninety days. Company insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM traded up $0.75 during trading on Monday, reaching $177.12. 1,225,716 shares of the company's stock traded hands, compared to its average volume of 1,151,664. 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 12 month low of $52.04 and a 12 month high of $178.46. The company has a 50 day moving average of $146.76 and a 200-day moving average of $128.14. The stock has a market capitalization of $17.71 billion, a P/E ratio of 51.19, a price-to-earnings-growth ratio of 2.25 and a beta of 0.63.

Sprouts Farmers Market Company 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.