XTX Topco Ltd Buys New Stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

XTX Topco Ltd bought a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,296 shares of the company's stock, valued at approximately $292,000.

Other large investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Sprouts Farmers Market during the fourth quarter valued at about $31,000. Avior Wealth Management LLC increased its position in shares of Sprouts Farmers Market by 93.5% during the fourth quarter. Avior Wealth Management LLC now owns 269 shares of the company's stock valued at $34,000 after buying an additional 130 shares during the period. Global Retirement Partners LLC increased its position in shares of Sprouts Farmers Market by 84.1% during the fourth quarter. Global Retirement Partners LLC now owns 289 shares of the company's stock valued at $37,000 after buying an additional 132 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Sprouts Farmers Market during the fourth quarter valued at about $51,000. Finally, V Square Quantitative Management LLC increased its position in shares of Sprouts Farmers Market by 32.9% during the fourth quarter. V Square Quantitative Management LLC now owns 460 shares of the company's stock valued at $58,000 after buying an additional 114 shares during the period.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on SFM shares. Northcoast Research upgraded 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. Jefferies Financial Group raised their target price on shares of Sprouts Farmers Market from $119.00 to $139.00 and gave the company a "hold" rating in a research note on Tuesday, February 25th. 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. The Goldman Sachs Group upped their target price on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Finally, StockNews.com upgraded shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Sprouts Farmers Market currently has an average rating of "Hold" and a consensus target price of $167.00.

Insiders Place Their Bets

In related news, CEO Jack Sinclair sold 2,915 shares of the stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $149.36, for a total transaction of $435,384.40. Following the transaction, the chief executive officer now owns 189,315 shares in the company, valued at $28,276,088.40. This represents a 1.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Timmi Zalatoris sold 1,065 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $134.97, for a total transaction of $143,743.05. Following the transaction, the insider now owns 9,830 shares in the company, valued at approximately $1,326,755.10. This trade represents a 9.78 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 96,764 shares of company stock valued at $13,562,649. 1.10% of the stock is currently owned by corporate insiders.

Sprouts Farmers Market Trading Down 0.8 %

Shares of NASDAQ:SFM traded down $1.30 during midday trading on Wednesday, hitting $171.00. 2,870,015 shares of the stock traded hands, compared to its average volume of 1,423,789. The stock has a market capitalization of $16.79 billion, a PE ratio of 45.48, a P/E/G ratio of 2.31 and a beta of 0.87. The business's 50 day moving average is $150.31 and its two-hundred day moving average is $145.56. The company has a quick ratio of 0.59, a current ratio of 1.13 and a debt-to-equity ratio of 0.01. Sprouts Farmers Market, Inc. has a one year low of $64.02 and a one year high of $178.99.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.53 by $0.28. Sprouts Farmers Market had a net margin of 4.93% and a return on equity of 29.86%. The company's revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.12 earnings per share. As a group, research analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

About Sprouts Farmers Market

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.