Sprouts Farmers Market Inc (NASDAQ:SFM) COO James Leroy Nielsen sold 55,322 shares of the company’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $23.74, for a total transaction of $1,313,344.28. Following the completion of the sale, the chief operating officer now directly owns 152,430 shares in the company, valued at $3,618,688.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Sprouts Farmers Market Inc (NASDAQ:SFM) traded up 0.80% during trading on Friday, hitting $23.96. 805,919 shares of the stock traded hands. The stock has a market cap of $3.29 billion, a PE ratio of 28.16 and a beta of 0.58. Sprouts Farmers Market Inc has a one year low of $17.38 and a one year high of $25.52. The company has a 50-day moving average price of $23.15 and a 200 day moving average price of $20.88.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.04. Sprouts Farmers Market had a return on equity of 17.00% and a net margin of 3.40%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company posted $0.30 earnings per share. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. Analysts expect that Sprouts Farmers Market Inc will post $0.91 earnings per share for the current year.

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

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SFM. Ladenburg Thalmann Financial Services Inc. raised its position in Sprouts Farmers Market by 6.7% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,216 shares of the company’s stock valued at $119,000 after buying an additional 390 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Sprouts Farmers Market by 9.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,460 shares of the company’s stock worth $126,000 after buying an additional 468 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth $152,000. Asset Management One Co. Ltd. acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth $161,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Sprouts Farmers Market by 2.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 7,355 shares of the company’s stock worth $170,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 91.08% of the company’s stock.

Several analysts recently issued reports on the stock. Royal Bank of Canada set a $28.00 price target on shares of Sprouts Farmers Market and gave the company a “buy” rating in a report on Friday, May 19th. Loop Capital assumed coverage on shares of Sprouts Farmers Market in a report on Monday, May 15th. They issued a “hold” rating and a $25.00 price target on the stock. Bank of America Corp reaffirmed a “buy” rating and issued a $27.00 price target (up from $26.00) on shares of Sprouts Farmers Market in a report on Monday, May 15th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Sprouts Farmers Market in a report on Friday, May 12th. Finally, TheStreet upgraded shares of Sprouts Farmers Market from a “c+” rating to a “b-” rating in a research note on Friday, May 5th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $25.16.

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.

12 Month Chart for NASDAQ:SFM

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