Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 2.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,988 shares of the company's stock after selling 2,313 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.08% of Sprouts Farmers Market worth $12,515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SFM. Whipplewood Advisors LLC raised its position in shares of Sprouts Farmers Market by 92.0% in the 1st quarter. Whipplewood Advisors LLC now owns 192 shares of the company's stock valued at $29,000 after acquiring an additional 92 shares during the period. Dogwood Wealth Management LLC acquired a new stake in shares of Sprouts Farmers Market in the first quarter valued at approximately $30,000. GeoWealth Management LLC raised its holdings in shares of Sprouts Farmers Market by 115.4% in the fourth quarter. GeoWealth Management LLC now owns 265 shares of the company's stock valued at $34,000 after purchasing an additional 142 shares during the last quarter. Versant Capital Management Inc increased its holdings in Sprouts Farmers Market by 111.3% during the first quarter. Versant Capital Management Inc now owns 319 shares of the company's stock worth $49,000 after buying an additional 168 shares during the last quarter. Finally, Toronto Dominion Bank acquired a new position in Sprouts Farmers Market during the fourth quarter worth $63,000.

Sprouts Farmers Market Price Performance

NASDAQ SFM traded up $2.34 during trading hours on Thursday, reaching $169.61. The company's stock had a trading volume of 1,460,148 shares, compared to its average volume of 1,569,935. The firm has a market capitalization of $16.60 billion, a price-to-earnings ratio of 38.11, a P/E/G ratio of 2.09 and a beta of 0.77. Sprouts Farmers Market, Inc. has a 1-year low of $81.41 and a 1-year high of $182.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.95 and a quick ratio of 0.51. The company's 50-day moving average is $164.27 and its two-hundred day moving average is $156.46.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.54 by $0.27. The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.20 billion. Sprouts Farmers Market had a return on equity of 34.20% and a net margin of 5.53%. Sprouts Farmers Market's quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 EPS. On average, equities analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SFM. Wall Street Zen raised shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Wells Fargo & Company upped their price objective on Sprouts Farmers Market from $170.00 to $175.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $173.00 target price (up from $172.00) on shares of Sprouts Farmers Market in a report on Tuesday. UBS Group upped their target price on Sprouts Farmers Market from $195.00 to $196.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. Finally, Roth Capital set a $155.00 price target on Sprouts Farmers Market and gave the stock a "neutral" rating in a report on Thursday, May 1st. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $167.86.

Insider Transactions at Sprouts Farmers Market

In other news, VP Stacy W. Hilgendorf sold 2,247 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $173.00, for a total transaction of $388,731.00. Following the sale, the vice president owned 7,979 shares of the company's stock, valued at $1,380,367. The trade was a 21.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Kim Coffin sold 3,643 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $174.27, for a total value of $634,865.61. Following the sale, the senior vice president directly owned 11,886 shares in the company, valued at $2,071,373.22. This trade represents a 23.46% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 74,035 shares of company stock valued at $12,213,719 in the last 90 days. Insiders own 1.10% of the company's stock.

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.