Holistic Planning LLC Takes Position in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Holistic Planning LLC bought a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,676 shares of the company's stock, valued at approximately $213,000.

A number of other institutional investors also recently bought and sold shares of SFM. JPMorgan Chase & Co. increased its holdings in shares of Sprouts Farmers Market by 13.1% in the third quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company's stock valued at $149,020,000 after purchasing an additional 156,175 shares during the period. World Investment Advisors LLC purchased a new stake in Sprouts Farmers Market in the third quarter valued at approximately $13,348,000. SpiderRock Advisors LLC acquired a new position in Sprouts Farmers Market in the 3rd quarter worth approximately $3,252,000. Charles Schwab Investment Management Inc. increased its holdings in Sprouts Farmers Market by 5.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 983,257 shares of the company's stock worth $108,561,000 after buying an additional 48,103 shares during the period. Finally, First Hawaiian Bank purchased a new position in Sprouts Farmers Market during the 4th quarter worth approximately $1,517,000.

Sprouts Farmers Market Price Performance

NASDAQ:SFM opened at $158.34 on Monday. The stock has a 50 day moving average of $142.63 and a two-hundred day moving average of $121.78. Sprouts Farmers Market, Inc. has a 12 month low of $49.81 and a 12 month high of $160.03. The firm has a market cap of $15.83 billion, a P/E ratio of 45.76, a price-to-earnings-growth ratio of 2.09 and a beta of 0.63. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SFM. Evercore ISI increased their price objective 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. Bank of America increased 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. StockNews.com raised Sprouts Farmers Market from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. BMO Capital Markets upped their target price on Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a "market perform" rating in a research note on Thursday, October 31st. Finally, The Goldman Sachs Group lifted their price target on Sprouts Farmers Market from $127.00 to $159.00 and gave the company 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 assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $119.40.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joseph D. O'leary sold 350 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $150.11, for a total transaction of $52,538.50. Following the completion of the transaction, the director now owns 17,991 shares of the company's stock, valued at $2,700,629.01. This trade represents a 1.91 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Douglas Gregory Rauch sold 700 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $148.89, for a total transaction of $104,223.00. Following the completion of the transaction, the director now owns 10,874 shares in the company, valued at approximately $1,619,029.86. This represents a 6.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,699 shares of company stock valued at $5,835,352 over the last ninety days. Insiders own 1.10% of the company's stock.

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.

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