Sprouts Farmers Market Inc (NASDAQ:SFM) Director Shon A. Boney sold 17,221 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $26.71, for a total value of $459,972.91. Following the completion of the sale, the director now owns 18,591 shares of the company’s stock, valued at $496,565.61. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Sprouts Farmers Market Inc (SFM) traded down $0.09 during midday trading on Wednesday, hitting $26.62. The stock had a trading volume of 1,366,466 shares, compared to its average volume of 1,900,000. The stock has a market cap of $3,540.00, a PE ratio of 27.44, a PEG ratio of 2.04 and a beta of 0.80. The company has a current ratio of 1.00, a quick ratio of 0.23 and a debt-to-equity ratio of 0.77. Sprouts Farmers Market Inc has a fifty-two week low of $17.38 and a fifty-two week high of $28.29.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC lifted its stake in Sprouts Farmers Market by 1,093.0% during the 2nd quarter. Advisory Services Network LLC now owns 5,309 shares of the company’s stock worth $120,000 after acquiring an additional 4,864 shares in the last quarter. Harvest Management LLC acquired a new position in Sprouts Farmers Market during the 3rd quarter worth about $188,000. Sadoff Investment Management LLC acquired a new position in Sprouts Farmers Market during the 3rd quarter worth about $223,000. Acadian Asset Management LLC acquired a new position in Sprouts Farmers Market during the 4th quarter worth about $224,000. Finally, State of Alaska Department of Revenue acquired a new position in Sprouts Farmers Market during the 4th quarter worth about $233,000. Institutional investors and hedge funds own 89.98% of the company’s stock.
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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.
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