Fox Run Management L.L.C. Has $2.02 Million Holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Fox Run Management L.L.C. boosted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 712.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,887 shares of the company's stock after purchasing an additional 13,931 shares during the period. Sprouts Farmers Market accounts for 0.4% of Fox Run Management L.L.C.'s investment portfolio, making the stock its 16th biggest holding. Fox Run Management L.L.C.'s holdings in Sprouts Farmers Market were worth $2,019,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC purchased a new stake in shares of Sprouts Farmers Market in the third quarter worth approximately $207,000. CIBC Asset Management Inc increased its stake in Sprouts Farmers Market by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 2,917 shares of the company's stock valued at $322,000 after buying an additional 101 shares during the period. Natixis Advisors LLC lifted its position 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 buying an additional 3,651 shares in the last quarter. Caprock Group LLC lifted its position in Sprouts Farmers Market by 1.9% in the 3rd quarter. Caprock Group LLC now owns 5,477 shares of the company's stock worth $605,000 after buying an additional 102 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Sprouts Farmers Market during the 3rd quarter valued at $1,662,000.

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Analyst Ratings Changes

SFM has been the topic of several research reports. Northcoast Research raised Sprouts Farmers Market from a "neutral" rating to a "buy" rating and set a $185.00 target price on the stock in a research report on Friday, February 28th. The Goldman Sachs Group increased their price objective on Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, February 21st. JPMorgan Chase & Co. raised their price objective on shares of Sprouts Farmers Market from $131.00 to $136.00 and gave the company a "neutral" rating in a research report on Tuesday, March 11th. UBS Group boosted their target price on shares of Sprouts Farmers Market from $132.00 to $195.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 19th. Finally, Wells Fargo & Company raised their price target on shares of Sprouts Farmers Market from $140.00 to $170.00 and gave the company an "equal weight" rating in a report on Friday, February 21st. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $167.00.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CMO Alisa Gmelich sold 445 shares of Sprouts Farmers Market stock in a transaction on Monday, March 17th. The shares were sold at an average price of $137.42, for a total transaction of $61,151.90. Following the sale, the chief marketing officer now owns 4,436 shares in the company, valued at $609,595.12. The trade was a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Stacy W. Hilgendorf sold 229 shares of the stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $139.43, for a total transaction of $31,929.47. Following the completion of the transaction, the vice president now owns 10,226 shares of the company's stock, valued at approximately $1,425,811.18. This represents a 2.19 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,501 shares of company stock worth $11,616,851. Insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM traded up $3.06 during midday trading on Tuesday, hitting $148.48. The company's stock had a trading volume of 562,118 shares, compared to its average volume of 1,317,164. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. The stock's 50 day simple moving average is $151.01 and its 200 day simple moving average is $136.34. The stock has a market capitalization of $14.56 billion, a price-to-earnings ratio of 39.50, a PEG ratio of 2.31 and a beta of 0.67. Sprouts Farmers Market, Inc. has a fifty-two week low of $61.61 and a fifty-two week high of $178.99.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last released its 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 firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.96 billion. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. As a group, research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

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.