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Sprouts Farmers Market (NYSE:SFM) major shareholder Apollo Management Holdings Gp, sold 12,930,753 shares of Sprouts Farmers Market stock on the open market in a transaction dated Monday, August 18th. The shares were sold at an average price of $29.03, for a total value of $375,379,759.59. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

A number of research firms have recently commented on SFM. Analysts at Imperial Capital reiterated an “in-line” rating on shares of Sprouts Farmers Market in a research note on Monday, August 11th. They now have a $35.00 price target on the stock, down previously from $36.00. Separately, analysts at Zacks downgraded shares of Sprouts Farmers Market from an “outperform” rating to a “neutral” rating in a research note on Friday, July 25th. They now have a $35.90 price target on the stock. Finally, analysts at Longbow Research initiated coverage on shares of Sprouts Farmers Market in a research note on Friday, July 11th. They set a “neutral” rating on the stock. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $34.90.

Sprouts Farmers Market (NYSE:SFM) traded up 0.85% during mid-day trading on Tuesday, hitting $29.80. The stock had a trading volume of 846,696 shares. Sprouts Farmers Market has a 52-week low of $25.73 and a 52-week high of $49.45. The stock has a 50-day moving average of $31.2 and a 200-day moving average of $32.73. The company has a market cap of $4.466 billion and a P/E ratio of 52.67.

Sprouts Farmers Market (NYSE:SFM) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.02. The company had revenue of $743.80 million for the quarter, compared to the consensus estimate of $741.05 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 19.5% on a year-over-year basis. Analysts expect that Sprouts Farmers Market will post $0.68 EPS for the current fiscal year.

Sprouts Farmers Market, Inc (NYSE:SFM) is a specialty retailer of natural and organic food focusing on health and wellness.

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