Brandon F. Lombardi Sells 8,557 Shares of Sprouts Farmers Market Inc (SFM) Stock

Sprouts Farmers Market Inc (NASDAQ:SFM) insider Brandon F. Lombardi sold 8,557 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $25.74, for a total transaction of $220,257.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Sprouts Farmers Market Inc (NASDAQ SFM) opened at $25.47 on Friday. Sprouts Farmers Market Inc has a 1-year low of $17.38 and a 1-year high of $25.98. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.00 and a quick ratio of 0.23. The company has a market cap of $3,389.32, a price-to-earnings ratio of 26.26, a PEG ratio of 1.98 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Thursday, November 2nd. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.18 by $0.05. Sprouts Farmers Market had a net margin of 3.01% and a return on equity of 21.00%. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. research analysts expect that Sprouts Farmers Market Inc will post 1 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the company. Daiwa SB Investments Ltd. increased its position in Sprouts Farmers Market by 96.7% in the fourth quarter. Daiwa SB Investments Ltd. now owns 45,819 shares of the company’s stock worth $1,116,000 after purchasing an additional 22,524 shares during the last quarter. Aurora Investment Counsel bought a new stake in Sprouts Farmers Market in the fourth quarter worth $1,115,000. GSA Capital Partners LLP increased its position in Sprouts Farmers Market by 28.1% in the third quarter. GSA Capital Partners LLP now owns 20,847 shares of the company’s stock worth $391,000 after purchasing an additional 4,579 shares during the last quarter. Americafirst Capital Management LLC bought a new stake in Sprouts Farmers Market in the third quarter worth $374,000. Finally, California Public Employees Retirement System increased its position in Sprouts Farmers Market by 4.8% in the third quarter. California Public Employees Retirement System now owns 322,621 shares of the company’s stock worth $6,056,000 after purchasing an additional 14,721 shares during the last quarter. 89.68% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have weighed in on SFM. Zacks Investment Research downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Friday. Stephens set a $25.00 price target on shares of Sprouts Farmers Market and gave the company a “hold” rating in a report on Wednesday. Susquehanna Bancshares set a $30.00 price target on shares of Sprouts Farmers Market and gave the company a “buy” rating in a report on Thursday. BidaskClub downgraded shares of Sprouts Farmers Market from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 6th. Finally, BMO Capital Markets set a $26.00 price target on shares of Sprouts Farmers Market and gave the company a “hold” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $24.89.

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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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