Sprouts Farmers Market, Inc. (NASDAQ:SFM) CFO Bradley Lukow purchased 7,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was acquired at an average cost of $19.80 per share, for a total transaction of $138,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Sprouts Farmers Market, Inc. (SFM) opened at 20.33 on Thursday. The firm has a 50-day moving average price of $23.91 and a 200-day moving average price of $22.43. The company has a market capitalization of $2.76 billion, a PE ratio of 22.92 and a beta of 0.52. Sprouts Farmers Market, Inc. has a 12 month low of $17.38 and a 12 month high of $25.98.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Thursday, August 3rd. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.04. Sprouts Farmers Market had a net margin of 2.96% and a return on equity of 18.79%. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the firm posted $0.25 EPS. The firm’s revenue was up 14.8% on a year-over-year basis. On average, equities research analysts predict that Sprouts Farmers Market, Inc. will post $0.93 EPS for the current year.

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Large investors have recently bought and sold shares of the company. Advisory Services Network LLC increased its stake in Sprouts Farmers Market by 1,093.0% in the second quarter. Advisory Services Network LLC now owns 5,309 shares of the company’s stock worth $120,000 after buying an additional 4,864 shares during the period. Verition Fund Management LLC bought a new stake in Sprouts Farmers Market during the second quarter worth approximately $351,000. Ameritas Investment Partners Inc. increased its stake in Sprouts Farmers Market by 2.3% in the second quarter. Ameritas Investment Partners Inc. now owns 38,676 shares of the company’s stock worth $877,000 after buying an additional 860 shares during the period. Capital Innovations LLC bought a new stake in Sprouts Farmers Market during the second quarter worth approximately $476,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in Sprouts Farmers Market by 14.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 18,828 shares of the company’s stock worth $427,000 after buying an additional 2,409 shares during the period. 88.09% of the stock is owned by institutional investors and hedge funds.

Several brokerages have commented on SFM. UBS AG raised Sprouts Farmers Market from a “market perform” rating to an “outperform” rating in a research report on Friday, June 16th. BMO Capital Markets set a $24.00 price target on Sprouts Farmers Market and gave the stock a “hold” rating in a research report on Saturday, June 10th. Jefferies Group LLC set a $26.00 price target on Sprouts Farmers Market and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Royal Bank Of Canada set a $28.00 price target on Sprouts Farmers Market and gave the stock a “buy” rating in a research report on Friday, May 19th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $22.00 price target (down from $23.00) on shares of Sprouts Farmers Market in a research report on Monday, June 19th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and thirteen have given a buy rating to the company. Sprouts Farmers Market presently has a consensus rating of “Hold” and an average price target of $25.42.

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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