Susquehanna Fundamental Investments LLC Buys Shares of 2,900 Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Susquehanna Fundamental Investments LLC purchased 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 fund purchased 2,900 shares of the company's stock, valued at approximately $369,000.

Other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in Sprouts Farmers Market in the 4th quarter valued at about $31,000. Avior Wealth Management LLC lifted its stake 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. GeoWealth Management LLC boosted its position in Sprouts Farmers Market by 115.4% during the fourth quarter. GeoWealth Management LLC now owns 265 shares of the company's stock worth $34,000 after acquiring an additional 142 shares during the last quarter. Global Retirement Partners LLC grew its stake in Sprouts Farmers Market by 84.1% in the 4th quarter. Global Retirement Partners LLC now owns 289 shares of the company's stock worth $37,000 after acquiring an additional 132 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in Sprouts Farmers Market in the 4th quarter valued at $51,000.

Analyst Upgrades and Downgrades

SFM has been the subject of a number of recent analyst reports. StockNews.com raised Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. The Goldman Sachs Group upped their price objective on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Jefferies Financial Group raised their target price on shares of Sprouts Farmers Market from $119.00 to $139.00 and gave the stock a "hold" rating in a research report on Tuesday, February 25th. Royal Bank of Canada upped their price target on shares of Sprouts Farmers Market from $160.00 to $172.00 and gave the stock a "sector perform" rating in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their price target on shares of Sprouts Farmers Market from $131.00 to $136.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 11th. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Sprouts Farmers Market currently has a consensus rating of "Hold" and an average target price of $168.77.

Insider Buying and Selling at Sprouts Farmers Market

In other news, VP Stacy W. Hilgendorf sold 890 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $137.42, for a total transaction of $122,303.80. Following the completion of the sale, the vice president now owns 9,347 shares of the company's stock, valued at approximately $1,284,464.74. This trade represents a 8.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kim Coffin sold 4,060 shares of Sprouts Farmers Market stock in a transaction on Monday, March 17th. The stock was sold at an average price of $137.42, for a total transaction of $557,925.20. Following the completion of the sale, the senior vice president now owns 11,432 shares of the company's stock, valued at approximately $1,570,985.44. This trade represents a 26.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,736 shares of company stock valued at $14,253,272 in the last ninety days. Insiders own 1.10% of the company's stock.

Sprouts Farmers Market Price Performance

SFM stock opened at $173.93 on Friday. The firm has a market cap of $17.08 billion, a P/E ratio of 46.26, a price-to-earnings-growth ratio of 2.31 and a beta of 0.87. 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 1 year low of $73.46 and a 1 year high of $178.99. The stock has a 50-day simple moving average of $151.46 and a 200-day simple moving average of $146.54.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.27. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.20 billion. Sprouts Farmers Market had a net margin of 4.93% and a return on equity of 29.86%. The business's quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.12 earnings per share. On average, equities analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal 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.

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