Sprouts Farmers Market Inc (SFM) Insider Brandon F. Lombardi Sells 8,557 Shares

Sprouts Farmers Market Inc (NASDAQ:SFM) insider Brandon F. Lombardi sold 8,557 shares of the stock in a transaction on Friday, January 12th. The stock was sold at an average price of $25.74, for a total transaction of $220,257.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Sprouts Farmers Market Inc (NASDAQ SFM) traded up $0.70 on Friday, reaching $26.65. 1,960,000 shares of the company’s stock traded hands, compared to its average volume of 1,611,075. The stock has a market cap of $3,453.18, a PE ratio of 26.75, a P/E/G ratio of 2.07 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 1.00 and a debt-to-equity ratio of 0.77. Sprouts Farmers Market Inc has a fifty-two week low of $17.38 and a fifty-two week high of $26.98.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.05. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Sprouts Farmers Market had a net margin of 3.01% and a return on equity of 21.00%. The firm’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.16 EPS. analysts predict that Sprouts Farmers Market Inc will post 1 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Sprouts Farmers Market by 0.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,862 shares of the company’s stock valued at $428,000 after buying an additional 123 shares during the period. Mutual of America Capital Management LLC boosted its position in Sprouts Farmers Market by 0.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 104,878 shares of the company’s stock valued at $2,378,000 after buying an additional 376 shares during the period. Utah Retirement Systems boosted its position in Sprouts Farmers Market by 2.1% during the 2nd quarter. Utah Retirement Systems now owns 24,500 shares of the company’s stock valued at $555,000 after buying an additional 500 shares during the period. Ameritas Investment Partners Inc. boosted its position in Sprouts Farmers Market by 2.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 38,676 shares of the company’s stock valued at $877,000 after buying an additional 860 shares during the period. Finally, Victory Capital Management Inc. boosted its position in Sprouts Farmers Market by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 7,739 shares of the company’s stock valued at $175,000 after buying an additional 1,161 shares during the period. 90.13% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on SFM shares. Northcoast Research raised shares of Sprouts Farmers Market from a “neutral” rating to a “buy” rating in a report on Monday, November 20th. Wolfe Research raised shares of Sprouts Farmers Market to an “outperform” rating in a report on Thursday, November 9th. Goldman Sachs Group reaffirmed a “sell” rating and set a $18.00 target price on shares of Sprouts Farmers Market in a report on Tuesday, November 14th. TheStreet raised shares of Sprouts Farmers Market from a “c” rating to a “b-” rating in a report on Monday, December 4th. Finally, Zacks Investment Research lowered shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the stock. Sprouts Farmers Market has a consensus rating of “Hold” and an average price target of $25.00.

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Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.

Insider Buying and Selling by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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