Alisa Gmelich Sells 289 Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CMO Alisa Gmelich sold 289 shares of the stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $139.43, for a total transaction of $40,295.27. Following the transaction, the chief marketing officer now owns 6,229 shares of the company’s stock, valued at approximately $868,509.47. This represents a 4.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Alisa Gmelich also recently made the following trade(s):

• On Monday, March 17th, Alisa Gmelich sold 445 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $137.42, for a total value of $61,151.90.

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock opened at $142.39 on Friday. The company has a market capitalization of $13.96 billion, a price-to-earnings ratio of 37.87, a PEG ratio of 2.31 and a beta of 0.67. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01. Sprouts Farmers Market, Inc. has a 12 month low of $61.61 and a 12 month high of $178.99. The stock’s 50 day moving average is $150.88 and its 200-day moving average is $135.75.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.96 billion. Equities research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Wall Street Analysts Forecast Growth

SFM has been the topic of several recent analyst reports. UBS Group boosted their price target on Sprouts Farmers Market from $132.00 to $195.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. Northcoast Research raised shares of Sprouts Farmers Market from a “neutral” rating to a “buy” rating and set a $185.00 price target on the stock in a research report on Friday, February 28th. JPMorgan Chase & Co. increased their price target on shares of Sprouts Farmers Market from $131.00 to $136.00 and gave the company a “neutral” rating in a research note on Tuesday, March 11th. The Goldman Sachs Group boosted their price objective on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Finally, Roth Mkm raised their target price on shares of Sprouts Farmers Market from $105.00 to $146.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Sprouts Farmers Market has a consensus rating of “Hold” and an average price target of $162.92.

Institutional Trading of Sprouts Farmers Market

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Sprouts Farmers Market by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 10,604,819 shares of the company’s stock worth $1,347,554,000 after purchasing an additional 56,652 shares in the last quarter. Renaissance Technologies LLC grew its position in Sprouts Farmers Market by 0.5% during the fourth quarter. Renaissance Technologies LLC now owns 4,464,644 shares of the company’s stock worth $567,322,000 after buying an additional 24,000 shares in the last quarter. Geode Capital Management LLC increased its stake in Sprouts Farmers Market by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,484,059 shares of the company’s stock worth $275,634,000 after acquiring an additional 56,161 shares during the period. Marshall Wace LLP raised its holdings in Sprouts Farmers Market by 10.1% in the 4th quarter. Marshall Wace LLP now owns 1,843,320 shares of the company’s stock valued at $234,231,000 after acquiring an additional 168,605 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Sprouts Farmers Market by 22.9% during the 4th quarter. Invesco Ltd. now owns 1,582,896 shares of the company’s stock valued at $201,139,000 after acquiring an additional 294,553 shares during the period.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.