Sprouts Farmers Market Inc (NASDAQ:SFM) CEO Amin N. Maredia sold 12,301 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $24.33, for a total value of $299,283.33. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Sprouts Farmers Market Inc (NASDAQ:SFM) traded down $0.35 on Thursday, hitting $24.23. The stock had a trading volume of 3,350,000 shares, compared to its average volume of 1,960,000. Sprouts Farmers Market Inc has a one year low of $17.38 and a one year high of $25.98. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.23 and a current ratio of 1.00. The company has a market cap of $3,220.00, a price-to-earnings ratio of 24.98, a price-to-earnings-growth ratio of 1.98 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.05. Sprouts Farmers Market had a return on equity of 21.00% and a net margin of 3.01%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the company posted $0.16 EPS. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. equities analysts expect that Sprouts Farmers Market Inc will post 0.99 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of SFM. Schwab Charles Investment Management Inc. grew its position in Sprouts Farmers Market by 20.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 676,497 shares of the company’s stock worth $15,337,000 after acquiring an additional 113,029 shares during the last quarter. State of Wisconsin Investment Board grew its position in shares of Sprouts Farmers Market by 2.4% in the 2nd quarter. State of Wisconsin Investment Board now owns 26,784 shares of the company’s stock valued at $607,000 after buying an additional 620 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Sprouts Farmers Market by 4.7% in the 2nd quarter. SG Americas Securities LLC now owns 26,984 shares of the company’s stock valued at $612,000 after buying an additional 1,219 shares during the last quarter. Legal & General Group Plc grew its position in shares of Sprouts Farmers Market by 18.8% in the 2nd quarter. Legal & General Group Plc now owns 110,793 shares of the company’s stock valued at $2,512,000 after buying an additional 17,545 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System grew its position in shares of Sprouts Farmers Market by 0.6% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 176,326 shares of the company’s stock valued at $3,997,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 89.68% of the company’s stock.

A number of research analysts recently issued reports on SFM shares. TheStreet upgraded Sprouts Farmers Market from a “c” rating to a “b-” rating in a report on Monday, December 4th. Zacks Investment Research upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Saturday, November 4th. UBS Group set a $25.00 price target on Sprouts Farmers Market and gave the company a “buy” rating in a research note on Monday, October 30th. Royal Bank of Canada set a $28.00 price target on Sprouts Farmers Market and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, September 15th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.28.

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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.

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

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