Qsemble Capital Management LP Makes New Investment in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Qsemble Capital Management LP purchased a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,885 shares of the company's stock, valued at approximately $909,000.

Several other institutional investors and hedge funds have also modified their holdings of SFM. VisionPoint Advisory Group LLC acquired a new position in Sprouts Farmers Market in the 3rd quarter valued at $25,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Sprouts Farmers Market during the fourth quarter worth about $38,000. GAMMA Investing LLC acquired a new stake in Sprouts Farmers Market during the fourth quarter worth about $43,000. Principal Securities Inc. bought a new position in Sprouts Farmers Market in the 4th quarter valued at about $54,000. Finally, Baldwin Brothers LLC MA raised its position in shares of Sprouts Farmers Market by 20.0% in the 4th quarter. Baldwin Brothers LLC MA now owns 1,260 shares of the company's stock valued at $61,000 after buying an additional 210 shares in the last quarter.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, VP Stacy W. Hilgendorf sold 417 shares of Sprouts Farmers Market stock in a transaction on Friday, March 15th. The shares were sold at an average price of $62.47, for a total transaction of $26,049.99. Following the transaction, the vice president now directly owns 10,331 shares of the company's stock, valued at approximately $645,377.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Sprouts Farmers Market news, VP Stacy W. Hilgendorf sold 417 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $62.47, for a total transaction of $26,049.99. Following the transaction, the vice president now owns 10,331 shares of the company's stock, valued at approximately $645,377.57. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brandon F. Lombardi sold 3,865 shares of the company's stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $62.21, for a total value of $240,441.65. Following the completion of the transaction, the insider now directly owns 8,328 shares of the company's stock, valued at $518,084.88. The disclosure for this sale can be found here. Insiders sold a total of 210,567 shares of company stock valued at $13,722,524 over the last ninety days. 1.10% of the stock is currently owned by insiders.

Sprouts Farmers Market Stock Up 1.5 %

Shares of SFM stock traded up $1.14 on Friday, reaching $75.73. 795,913 shares of the company were exchanged, compared to its average volume of 1,605,168. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.19 and a quick ratio of 0.65. The company has a 50-day moving average of $65.25 and a 200-day moving average of $54.14. The company has a market cap of $7.61 billion, a price-to-earnings ratio of 26.11, a PEG ratio of 2.69 and a beta of 0.50. Sprouts Farmers Market, Inc. has a one year low of $32.12 and a one year high of $75.95.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its earnings results on Wednesday, May 1st. The company reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.12. Sprouts Farmers Market had a return on equity of 26.77% and a net margin of 4.25%. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same period in the prior year, the firm earned $0.98 earnings per share. Sprouts Farmers Market's revenue for the quarter was up 8.7% on a year-over-year basis. Analysts anticipate that Sprouts Farmers Market, Inc. will post 3.12 earnings per share for the current year.

Wall Street Analyst Weigh In

SFM has been the subject of several research analyst reports. BMO Capital Markets boosted their target price on Sprouts Farmers Market from $31.00 to $40.00 and gave the stock an "underperform" rating in a research note on Thursday, May 2nd. Oppenheimer reiterated a "market perform" rating on shares of Sprouts Farmers Market in a research report on Monday, April 29th. Evercore ISI cut 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 report on Tuesday, April 16th. Wells Fargo & Company upped their price target on shares of Sprouts Farmers Market from $48.00 to $62.00 and gave the stock an "underweight" rating in a report on Thursday, May 2nd. Finally, Bank of America raised Sprouts Farmers Market from an "underperform" rating to a "buy" rating and raised their price objective for the company from $30.00 to $70.00 in a report on Tuesday, February 27th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $56.13.

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.