Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. decreased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 66.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,000 shares of the company's stock after selling 84,000 shares during the quarter. Hussman Strategic Advisors Inc.'s holdings in Sprouts Farmers Market were worth $2,021,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SFM. VisionPoint Advisory Group LLC purchased a new position in shares of Sprouts Farmers Market during the third quarter worth $25,000. Ronald Blue Trust Inc. raised its position in Sprouts Farmers Market by 80.3% during the third quarter. Ronald Blue Trust Inc. now owns 831 shares of the company's stock valued at $36,000 after acquiring an additional 370 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Sprouts Farmers Market in the first quarter valued at approximately $35,000. FinTrust Capital Advisors LLC acquired a new position in Sprouts Farmers Market in the third quarter valued at approximately $49,000. Finally, Baldwin Brothers LLC MA boosted its position in Sprouts Farmers Market by 20.0% in the 4th quarter. Baldwin Brothers LLC MA now owns 1,260 shares of the company's stock worth $61,000 after purchasing an additional 210 shares in the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 22,799 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $59.98, for a total transaction of $1,367,484.02. Following the completion of the transaction, the insider now owns 8,328 shares of the company's stock, valued at $499,513.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Brandon F. Lombardi sold 22,799 shares of the company's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $59.98, for a total transaction of $1,367,484.02. Following the completion of the sale, the insider now owns 8,328 shares of the company's stock, valued at $499,513.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Nicholas Konat sold 31,846 shares of the company's stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $62.13, for a total transaction of $1,978,591.98. Following the sale, the chief operating officer now directly owns 82,495 shares of the company's stock, valued at approximately $5,125,414.35. The disclosure for this sale can be found here. Insiders sold 160,852 shares of company stock valued at $10,032,745 over the last quarter. 1.10% of the stock is currently owned by insiders.

Sprouts Farmers Market Price Performance

SFM traded up $2.05 during trading on Friday, hitting $65.15. The company's stock had a trading volume of 1,366,723 shares, compared to its average volume of 1,061,277. The company has a current ratio of 1.10, a quick ratio of 0.51 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 25.96, a P/E/G ratio of 2.37 and a beta of 0.50. Sprouts Farmers Market, Inc. has a twelve month low of $32.12 and a twelve month high of $65.53. The business's fifty day simple moving average is $61.13 and its 200 day simple moving average is $51.30.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.04. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.69 billion. Sprouts Farmers Market had a net margin of 3.79% and a return on equity of 26.71%. The company's revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $0.42 earnings per share. On average, equities research analysts forecast that Sprouts Farmers Market, Inc. will post 2.95 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SFM shares. Bank of America raised shares of Sprouts Farmers Market from an "underperform" rating to a "buy" rating and lifted their target price for the company from $30.00 to $70.00 in a report on Tuesday, February 27th. The Goldman Sachs Group lifted their price objective on shares of Sprouts Farmers Market from $56.00 to $71.00 and gave the company a "buy" rating in a report on Tuesday, March 5th. Finally, Evercore ISI lowered their target price on shares of Sprouts Farmers Market from $62.00 to $61.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 16th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $51.14.

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.