Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lowered its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 28.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,594 shares of the company's stock after selling 3,429 shares during the period. Asset Management One Co. Ltd.'s holdings in Sprouts Farmers Market were worth $1,104,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings 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 acquiring an additional 56,161 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Sprouts Farmers Market by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company's stock worth $149,020,000 after purchasing an additional 156,175 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Sprouts Farmers Market by 5.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 983,257 shares of the company's stock worth $108,561,000 after purchasing an additional 48,103 shares in the last quarter. Royal London Asset Management Ltd. raised its holdings in shares of Sprouts Farmers Market by 1.5% during the third quarter. Royal London Asset Management Ltd. now owns 698,506 shares of the company's stock worth $77,122,000 after acquiring an additional 10,326 shares during the period. Finally, Franklin Resources Inc. increased its stake in Sprouts Farmers Market by 25.8% in the 3rd quarter. Franklin Resources Inc. now owns 464,366 shares of the company's stock valued at $53,551,000 after buying an additional 95,144 shares during the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 30,000 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $149.24, for a total transaction of $4,477,200.00. Following the completion of the transaction, the chief executive officer now directly owns 163,862 shares in the company, valued at approximately $24,454,764.88. This trade represents a 15.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Douglas Gregory Rauch sold 700 shares of the business'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 of the company's stock, valued at approximately $1,619,029.86. The trade was a 6.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,614 shares of company stock valued at $6,323,731. 1.10% of the stock is currently owned by corporate insiders.

Sprouts Farmers Market Price Performance

Shares of SFM stock traded up $0.16 on Monday, reaching $143.48. The company's stock had a trading volume of 2,782,092 shares, compared to its average volume of 1,503,810. The stock's 50 day simple moving average is $148.12 and its 200-day simple moving average is $130.44. Sprouts Farmers Market, Inc. has a 12-month low of $59.13 and a 12-month high of $178.99. The company has a quick ratio of 0.59, a current ratio of 1.13 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $14.14 billion, a P/E ratio of 38.16, a PEG ratio of 2.31 and a beta of 0.63.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its quarterly earnings data 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. 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 for the quarter, compared to analysts' expectations of $1.96 billion. As a group, equities analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SFM has been the topic of several recent analyst reports. Wells Fargo & Company boosted their price objective on shares of Sprouts Farmers Market from $140.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Friday. UBS Group boosted their target price on shares of Sprouts Farmers Market from $132.00 to $195.00 and gave the company a "neutral" rating in a research report on Wednesday, February 19th. Evercore ISI upped 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 report on Tuesday, December 3rd. BMO Capital Markets upped their price target 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. Finally, The Goldman Sachs Group upped their price target on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the company a "buy" rating in a research report on Friday. Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $152.40.

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.