Sprouts Farmers Market Inc (NASDAQ:SFM) Director Shon A. Boney sold 17,221 shares of the stock in a transaction dated 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 transaction, the director now directly owns 18,591 shares in the company, valued at approximately $496,565.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Sprouts Farmers Market Inc (SFM) traded down $0.32 during mid-day trading on Thursday, reaching $26.30. The company’s stock had a trading volume of 577,627 shares, compared to its average volume of 1,930,000. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.23 and a current ratio of 1.00. The company has a market capitalization of $3,500.00, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 2.10 and a beta of 0.80. Sprouts Farmers Market Inc has a 12-month low of $17.38 and a 12-month high of $28.29.

A number of hedge funds have recently bought and sold shares of the business. Northern Trust Corp lifted its position in shares of Sprouts Farmers Market by 1.2% in the second quarter. Northern Trust Corp now owns 1,127,869 shares of the company’s stock valued at $25,568,000 after buying an additional 13,641 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Sprouts Farmers Market by 67.3% in the second quarter. Royal Bank of Canada now owns 136,168 shares of the company’s stock valued at $3,086,000 after buying an additional 54,787 shares during the last quarter. Allianz Asset Management GmbH acquired a new stake in shares of Sprouts Farmers Market in the third quarter valued at approximately $1,991,000. Verition Fund Management LLC acquired a new stake in shares of Sprouts Farmers Market in the second quarter valued at approximately $351,000. Finally, Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Sprouts Farmers Market in the third quarter valued at approximately $2,485,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

SFM has been the subject of several recent analyst reports. Susquehanna Bancshares initiated coverage on Sprouts Farmers Market in a report on Monday, October 16th. They issued a “positive” rating and a $23.00 price target for the company. Zacks Investment Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. UBS Group set a $25.00 price target on Sprouts Farmers Market and gave the stock a “buy” rating in a report on Monday, October 30th. Jefferies Group lowered their price target on Sprouts Farmers Market from $26.00 to $19.00 and set a “hold” rating for the company in a report on Monday, October 30th. Finally, Royal Bank of Canada set a $28.00 price objective on Sprouts Farmers Market and gave the stock a “buy” rating in a report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $25.94.

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About Sprouts Farmers Market

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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