Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Purchased by Mirova

Mirova raised its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 14.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 25,731 shares of the company’s stock after purchasing an additional 3,296 shares during the quarter. Mirova’s holdings in Sprouts Farmers Market were worth $3,270,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SFM. Barclays PLC raised its stake in shares of Sprouts Farmers Market by 128.3% in the 3rd quarter. Barclays PLC now owns 199,035 shares of the company’s stock valued at $21,975,000 after acquiring an additional 111,838 shares during the period. Rule One Partners LLC acquired a new position in Sprouts Farmers Market during the 3rd quarter worth $14,022,000. World Investment Advisors LLC acquired a new position in Sprouts Farmers Market in the third quarter worth about $13,348,000. Sfmg LLC bought a new stake in shares of Sprouts Farmers Market in the 3rd quarter valued at approximately $234,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Sprouts Farmers Market during the 3rd quarter valued at about $155,000.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, CMO Alisa Gmelich sold 445 shares of the business’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $137.42, for a total value of $61,151.90. Following the sale, the chief marketing officer now owns 4,436 shares of the company’s stock, valued at $609,595.12. The trade was a 9.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Stacy W. Hilgendorf sold 890 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $137.42, for a total transaction of $122,303.80. Following the transaction, the vice president now owns 9,347 shares of the company’s stock, valued at approximately $1,284,464.74. This represents a 8.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 96,764 shares of company stock valued at $13,562,649 in the last ninety days. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Up 0.4 %

SFM opened at $160.15 on Friday. Sprouts Farmers Market, Inc. has a twelve month low of $64.02 and a twelve month high of $178.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. The business has a 50 day moving average price of $150.85 and a 200 day moving average price of $142.82. The firm has a market cap of $15.72 billion, a P/E ratio of 42.59, a price-to-earnings-growth ratio of 2.31 and a beta of 0.87.

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

Analysts Set New Price Targets

Several research analysts have commented on the stock. Bank of America upped their target price on shares of Sprouts Farmers Market from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. The Goldman Sachs Group lifted 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. JPMorgan Chase & Co. boosted their target price on Sprouts Farmers Market from $131.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 11th. Wells Fargo & Company upped their price target on shares of Sprouts Farmers Market from $140.00 to $170.00 and gave the company an “equal weight” rating in a research report on Friday, February 21st. Finally, Roth Mkm raised their price objective on Sprouts Farmers Market from $105.00 to $146.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $167.00.

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.