Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd trimmed its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 46.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,612 shares of the company’s stock after selling 5,745 shares during the period. WINTON GROUP Ltd’s holdings in Sprouts Farmers Market were worth $840,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Sprouts Farmers Market in the fourth quarter worth about $31,000. Avior Wealth Management LLC lifted its position in Sprouts Farmers Market by 93.5% during the 4th quarter. Avior Wealth Management LLC now owns 269 shares of the company’s stock worth $34,000 after acquiring an additional 130 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in Sprouts Farmers Market by 84.1% in the 4th quarter. Global Retirement Partners LLC now owns 289 shares of the company’s stock worth $37,000 after acquiring an additional 132 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Sprouts Farmers Market in the fourth quarter valued at approximately $51,000. Finally, V Square Quantitative Management LLC raised its stake in shares of Sprouts Farmers Market by 32.9% during the fourth quarter. V Square Quantitative Management LLC now owns 460 shares of the company’s stock valued at $58,000 after purchasing an additional 114 shares during the period.

Analyst Upgrades and Downgrades

SFM has been the subject of several analyst reports. Jefferies Financial Group upped their target price on shares of Sprouts Farmers Market from $119.00 to $139.00 and gave the company a “hold” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. raised their target price 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. Roth Mkm boosted their price target on Sprouts Farmers Market from $105.00 to $146.00 and gave the stock a “neutral” rating in a research note on Friday, February 21st. Northcoast Research upgraded Sprouts Farmers Market from a “neutral” rating to a “buy” rating and set a $185.00 price objective for the company in a research note on Friday, February 28th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $160.00 target price on shares of Sprouts Farmers Market in a research report on Tuesday, March 25th. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $167.00.

Sprouts Farmers Market Trading Down 0.4 %

NASDAQ SFM opened at $147.76 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. Sprouts Farmers Market, Inc. has a one year low of $61.61 and a one year high of $178.99. The company has a 50-day simple moving average of $151.77 and a 200-day simple moving average of $137.45. The firm has a market capitalization of $14.49 billion, a PE ratio of 39.30, a price-to-earnings-growth ratio of 2.31 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Thursday, February 20th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. On average, equities analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Insiders Place Their Bets

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 2,935 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $138.74, for a total value of $407,201.90. Following the completion of the transaction, the chief executive officer now owns 149,499 shares in the company, valued at approximately $20,741,491.26. This represents a 1.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Alisa Gmelich sold 445 shares of Sprouts Farmers Market stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $137.42, for a total value of $61,151.90. Following the sale, the chief marketing officer now directly owns 4,436 shares in the company, valued at approximately $609,595.12. This trade represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 94,784 shares of company stock valued at $13,231,786 over the last three months. Company insiders own 1.10% of the company’s stock.

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.