Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P cut its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 25.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,059 shares of the company's stock after selling 9,945 shares during the quarter. Martingale Asset Management L P's holdings in Sprouts Farmers Market were worth $3,693,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SFM. Vanguard Group Inc. raised its stake in shares of Sprouts Farmers Market by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 10,604,819 shares of the company's stock valued at $1,347,554,000 after acquiring an additional 56,652 shares during the period. Renaissance Technologies LLC lifted its stake in Sprouts Farmers Market by 0.5% in the fourth quarter. Renaissance Technologies LLC now owns 4,464,644 shares of the company's stock worth $567,322,000 after acquiring an additional 24,000 shares during the period. Geode Capital Management LLC boosted its stake in shares of Sprouts Farmers Market by 2.3% during the third quarter. Geode Capital Management LLC now owns 2,484,059 shares of the company's stock valued at $275,634,000 after purchasing an additional 56,161 shares in the last quarter. Invesco Ltd. boosted its position in Sprouts Farmers Market by 22.9% during the 4th quarter. Invesco Ltd. now owns 1,582,896 shares of the company's stock valued at $201,139,000 after acquiring an additional 294,553 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Sprouts Farmers Market by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company's stock valued at $149,020,000 after acquiring an additional 156,175 shares during the period.

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Insider Activity at Sprouts Farmers Market

In other news, VP Stacy W. Hilgendorf sold 229 shares of the business's 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. The trade was a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jack Sinclair sold 2,915 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $167.54, for a total value 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. This trade represents a 1.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 99,699 shares of company stock valued at $13,969,851 over the last three months. 1.10% of the stock is owned by insiders.

Sprouts Farmers Market Trading Up 0.8 %

Shares of SFM traded up $1.21 during trading hours on Tuesday, hitting $161.48. The stock had a trading volume of 518,623 shares, compared to its average volume of 1,414,358. Sprouts Farmers Market, Inc. has a 12-month low of $61.61 and a 12-month high of $178.99. The firm has a market cap of $15.83 billion, a P/E ratio of 42.95, a P/E/G ratio of 2.31 and a beta of 0.87. 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 company's fifty day simple moving average is $151.51 and its 200 day simple moving average is $141.66.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. Equities research analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SFM. UBS Group upped their price objective on Sprouts Farmers Market from $132.00 to $195.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 19th. Northcoast Research raised shares of Sprouts Farmers Market from a "neutral" rating to a "buy" rating and set a $185.00 price objective on the stock in a research report on Friday, February 28th. BMO Capital Markets increased their target price on shares of Sprouts Farmers Market from $140.00 to $180.00 and gave the company a "market perform" rating in a research report on Friday, February 21st. Wells Fargo & Company lifted their price target on shares of Sprouts Farmers Market from $140.00 to $170.00 and gave the stock an "equal weight" rating in a report on Friday, February 21st. Finally, The Goldman Sachs Group increased their price objective on Sprouts Farmers Market from $174.00 to $200.00 and gave the company a "buy" rating in a report on Friday, February 21st. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of "Hold" and a consensus target price of $167.00.

Sprouts Farmers Market 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.