Fuller & Thaler Asset Management Inc. Purchases 34,840 Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Fuller & Thaler Asset Management Inc. boosted its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 8.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 461,422 shares of the company's stock after acquiring an additional 34,840 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 0.46% of Sprouts Farmers Market worth $58,633,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 55.0% during the fourth quarter. HighTower Advisors LLC now owns 20,722 shares of the company's stock worth $2,633,000 after purchasing an additional 7,355 shares during the period. Unified Investment Management acquired a new position in shares of Sprouts Farmers Market during the fourth quarter worth $1,161,000. JPMorgan Chase & Co. lifted its holdings in shares of Sprouts Farmers Market by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company's stock worth $149,020,000 after purchasing an additional 156,175 shares during the period. World Investment Advisors LLC acquired a new position in shares of Sprouts Farmers Market during the third quarter worth $13,348,000. Finally, Wells Fargo & Company MN lifted its holdings in Sprouts Farmers Market by 26.2% in the fourth quarter. Wells Fargo & Company MN now owns 181,364 shares of the company's stock valued at $23,046,000 after buying an additional 37,637 shares during the period.

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock traded up $1.47 on Tuesday, reaching $171.23. The company's stock had a trading volume of 397,397 shares, compared to its average volume of 1,418,395. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. Sprouts Farmers Market, Inc. has a twelve month low of $64.02 and a twelve month high of $178.99. The company has a market cap of $16.81 billion, a price-to-earnings ratio of 45.53, a PEG ratio of 2.31 and a beta of 0.87. The business's fifty day moving average price is $149.71 and its 200 day moving average price is $145.19.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Sprouts Farmers Market had a net margin of 4.93% and a return on equity of 29.86%. The firm had revenue of $2 billion during the quarter, compared to analysts' expectations of $1.96 billion. Equities analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 2,915 shares of the business's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $167.54, for a total value of $488,379.10. Following the transaction, the chief executive officer now owns 143,669 shares in the company, valued at $24,070,304.26. The trade was a 1.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Alisa Gmelich sold 445 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $137.42, for a total transaction of $61,151.90. Following the transaction, the chief marketing officer now owns 4,436 shares in the company, valued at $609,595.12. This represents a 9.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 96,764 shares of company stock worth $13,562,649 over the last quarter. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SFM shares. Jefferies Financial Group boosted their target price on Sprouts Farmers Market from $119.00 to $139.00 and gave the company a "hold" rating in a research note on Tuesday, February 25th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $160.00 price target on shares of Sprouts Farmers Market in a report on Tuesday, March 25th. 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. StockNews.com upgraded Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research note on Wednesday, April 23rd. Finally, Roth Mkm lifted their price target on shares of Sprouts Farmers Market from $105.00 to $146.00 and gave the company a "neutral" rating in a report on Friday, February 21st. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $167.00.

Sprouts Farmers Market 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.