Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Acquired by Greenleaf Trust

Greenleaf Trust lifted its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,715 shares of the company’s stock after acquiring an additional 80 shares during the period. Greenleaf Trust’s holdings in Sprouts Farmers Market were worth $853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in shares of Sprouts Farmers Market by 42.2% during the 2nd quarter. Cetera Investment Advisers now owns 74,943 shares of the company’s stock worth $6,270,000 after purchasing an additional 22,246 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Sprouts Farmers Market during the second quarter worth $1,186,000. SG Americas Securities LLC grew its holdings in Sprouts Farmers Market by 734.1% in the 3rd quarter. SG Americas Securities LLC now owns 17,807 shares of the company’s stock valued at $1,966,000 after buying an additional 15,672 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Sprouts Farmers Market in the 3rd quarter worth $280,000. Finally, GAMMA Investing LLC raised its holdings in shares of Sprouts Farmers Market by 34.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,714 shares of the company’s stock worth $189,000 after acquiring an additional 442 shares during the period.

Analysts Set New Price Targets

Several research firms recently issued reports on SFM. Wells Fargo & Company raised their price objective on shares of Sprouts Farmers Market from $130.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. StockNews.com raised shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Bank of America increased their price objective 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. Evercore ISI lifted their target price on Sprouts Farmers Market from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Finally, The Goldman Sachs Group increased their price target on Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Sprouts Farmers Market has a consensus rating of “Hold” and an average target price of $119.40.

Sprouts Farmers Market Trading Up 0.9 %

NASDAQ SFM opened at $159.75 on Tuesday. Sprouts Farmers Market, Inc. has a one year low of $49.81 and a one year high of $162.52. The firm has a 50 day simple moving average of $142.87 and a 200-day simple moving average of $122.32. The firm has a market cap of $15.97 billion, a price-to-earnings ratio of 46.17, a PEG ratio of 2.09 and a beta of 0.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 2,935 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $138.74, for a total transaction of $407,201.90. Following the completion of the transaction, the chief executive officer now owns 149,499 shares in the company, valued at $20,741,491.26. The trade was a 1.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph D. O’leary sold 350 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $150.11, for a total transaction of $52,538.50. Following the completion of the sale, the director now owns 17,991 shares in the company, valued at $2,700,629.01. The trade was a 1.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 39,699 shares of company stock valued at $5,835,352 in the last 90 days. Company insiders own 1.10% of the company’s stock.

About Sprouts Farmers Market

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.