Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,355 shares of the company’s stock after selling 1,687 shares during the period. Yousif Capital Management LLC’s holdings in Sprouts Farmers Market were worth $4,620,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SFM. Retirement Systems of Alabama increased its holdings in Sprouts Farmers Market by 79.7% in the 4th quarter. Retirement Systems of Alabama now owns 218,540 shares of the company’s stock valued at $27,770,000 after purchasing an additional 96,905 shares in the last quarter. Calamos Advisors LLC acquired a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at about $783,000. Alliance Wealth Advisors LLC UT acquired a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at about $307,000. Holistic Planning LLC acquired a new position in Sprouts Farmers Market during the 4th quarter worth approximately $213,000. Finally, Greenleaf Trust lifted its position in Sprouts Farmers Market by 1.2% during the 4th quarter. Greenleaf Trust now owns 6,715 shares of the company’s stock worth $853,000 after acquiring an additional 80 shares in the last quarter.

Insider Activity

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 30,000 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $149.24, for a total value 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 $24,454,764.88. The trade was a 15.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Douglas Gregory Rauch sold 700 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $148.89, for a total value of $104,223.00. Following the sale, the director now owns 10,874 shares in the company, valued at $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 ninety days, insiders sold 42,614 shares of company stock worth $6,323,731. 1.10% of the stock is currently owned by insiders.

Sprouts Farmers Market Stock Down 1.2 %

Shares of Sprouts Farmers Market stock opened at $167.97 on Friday. 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 business has a 50-day moving average price of $143.83 and a 200 day moving average price of $123.56. Sprouts Farmers Market, Inc. has a fifty-two week low of $50.12 and a fifty-two week high of $170.50. The firm has a market cap of $16.80 billion, a P/E ratio of 48.55, a P/E/G ratio of 2.09 and a beta of 0.63.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. The Goldman Sachs Group lifted their price target on shares of Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Evercore ISI upped their price objective on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Bank of America lifted their target price on Sprouts Farmers Market from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company increased their price target on Sprouts Farmers Market from $130.00 to $140.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Sprouts Farmers Market has a consensus rating of “Hold” and a consensus price target of $119.40.

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.