Sprouts Farmers Market Inc (SFM) Director Sells $459,972.91 in Stock
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.
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.
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