Sprouts Farmers Market, Inc. (NASDAQ:SFM) CMO Alisa Gmelich Sells 289 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) CMO Alisa Gmelich sold 289 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $139.43, for a total transaction of $40,295.27. Following the sale, the chief marketing officer now owns 6,229 shares of the company's stock, valued at approximately $868,509.47. This represents a 4.43 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Alisa Gmelich also recently made the following trade(s):

• On Monday, March 17th, Alisa Gmelich sold 445 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $137.42, for a total transaction of $61,151.90.

Sprouts Farmers Market Stock Up 2.9 %

SFM traded up $4.28 during trading on Tuesday, reaching $149.70. The company had a trading volume of 1,712,769 shares, compared to its average volume of 1,313,002. The company has a market cap of $14.68 billion, a P/E ratio of 39.81, a PEG ratio of 2.31 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 12 month low of $61.61 and a 12 month high of $178.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.13 and a quick ratio of 0.59. The business's fifty day moving average price is $151.25 and its 200 day moving average price is $136.70.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. HighTower Advisors LLC raised its position in Sprouts Farmers Market by 55.0% in the 4th quarter. HighTower Advisors LLC now owns 20,722 shares of the company's stock valued at $2,633,000 after buying an additional 7,355 shares during the last quarter. Unified Investment Management bought a new position in shares of Sprouts Farmers Market during the 4th quarter worth approximately $1,161,000. JPMorgan Chase & Co. grew its stake in shares of Sprouts Farmers Market by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company's stock worth $149,020,000 after acquiring an additional 156,175 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Sprouts Farmers Market in the third quarter valued at approximately $13,348,000. Finally, First Hawaiian Bank bought a new stake in shares of Sprouts Farmers Market in the fourth quarter worth $1,517,000.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Evercore ISI decreased their price objective on Sprouts Farmers Market from $185.00 to $180.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Roth Mkm raised their target price on Sprouts Farmers Market from $105.00 to $146.00 and gave the stock a "neutral" rating in a report on Friday, February 21st. JPMorgan Chase & Co. upped their price target on Sprouts Farmers Market from $131.00 to $136.00 and gave the company a "neutral" rating in a research note on Tuesday, March 11th. Jefferies Financial Group increased their price target on shares of Sprouts Farmers Market from $119.00 to $139.00 and gave the company a "hold" rating in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company boosted their price objective 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 research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of "Hold" and an average target price of $167.00.

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.