7,445 Shares in Sprouts Farmers Market, Inc. (NASDAQ:SFM) Bought by Pinkerton Retirement Specialists LLC

Pinkerton Retirement Specialists LLC bought a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,445 shares of the company's stock, valued at approximately $623,000.

Several other large investors have also modified their holdings of SFM. Natixis Advisors L.P. lifted its holdings in shares of Sprouts Farmers Market by 66.6% in the 4th quarter. Natixis Advisors L.P. now owns 19,773 shares of the company's stock worth $951,000 after acquiring an additional 7,901 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Sprouts Farmers Market by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 929,565 shares of the company's stock worth $44,721,000 after buying an additional 6,169 shares during the period. Principal Securities Inc. purchased a new position in shares of Sprouts Farmers Market during the fourth quarter worth $54,000. Principal Financial Group Inc. grew its stake in shares of Sprouts Farmers Market by 2.5% in the fourth quarter. Principal Financial Group Inc. now owns 430,431 shares of the company's stock valued at $20,708,000 after buying an additional 10,429 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in shares of Sprouts Farmers Market by 10.0% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 23,343 shares of the company's stock valued at $1,123,000 after buying an additional 2,125 shares during the period.

Sprouts Farmers Market Stock Up 0.4 %

Shares of SFM stock traded up $0.37 on Friday, reaching $102.10. 891,658 shares of the stock were exchanged, compared to its average volume of 1,347,385. The company has a market capitalization of $10.22 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 2.86 and a beta of 0.56. The business's 50 day moving average price is $93.46 and its 200 day moving average price is $78.68. The company has a current ratio of 1.03, a quick ratio of 0.44 and a debt-to-equity ratio of 0.01. Sprouts Farmers Market, Inc. has a twelve month low of $39.50 and a twelve month high of $104.41.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last released its quarterly earnings data on Monday, July 29th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.16. Sprouts Farmers Market had a return on equity of 27.53% and a net margin of 4.52%. The business had revenue of $1.90 billion during the quarter, compared to analysts' expectations of $1.84 billion. During the same period in the prior year, the firm posted $0.71 EPS. The business's quarterly revenue was up 12.3% compared to the same quarter last year. As a group, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 3.37 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 5,718 shares of Sprouts Farmers Market stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $77.07, for a total transaction of $440,686.26. Following the sale, the chief executive officer now directly owns 256,716 shares in the company, valued at approximately $19,785,102.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Joel D. Anderson sold 20,851 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $96.16, for a total value of $2,005,032.16. Following the completion of the sale, the director now directly owns 18,809 shares of the company's stock, valued at $1,808,673.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jack Sinclair sold 5,718 shares of the firm's stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $77.07, for a total transaction of $440,686.26. Following the transaction, the chief executive officer now owns 256,716 shares in the company, valued at $19,785,102.12. The disclosure for this sale can be found here. Insiders have sold 128,939 shares of company stock worth $12,571,295 over the last three months. Insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on SFM shares. Deutsche Bank Aktiengesellschaft raised their target price on Sprouts Farmers Market from $63.00 to $76.00 and gave the company a "hold" rating in a report on Monday, July 29th. UBS Group raised their price objective on shares of Sprouts Farmers Market from $68.00 to $94.00 and gave the company a "neutral" rating in a research note on Friday, June 28th. Roth Mkm upped their target price on shares of Sprouts Farmers Market from $58.00 to $78.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 30th. Evercore ISI raised their price target on shares of Sprouts Farmers Market from $84.00 to $96.00 and gave the company an "in-line" rating in a research report on Tuesday, July 30th. Finally, Royal Bank of Canada assumed coverage on shares of Sprouts Farmers Market in a research note on Thursday. They issued a "sector perform" rating and a $107.00 price target for the company. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $96.56.

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.