O Shaughnessy Asset Management LLC lowered its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Rating) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,459 shares of the company’s stock after selling 1,261 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Sprouts Farmers Market were worth $727,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in SFM. Baldwin Brothers LLC MA boosted its holdings in Sprouts Farmers Market by 162.5% during the fourth quarter. Baldwin Brothers LLC MA now owns 1,050 shares of the company’s stock worth $34,000 after buying an additional 650 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Sprouts Farmers Market during the 1st quarter valued at $35,000. FNY Investment Advisers LLC bought a new position in Sprouts Farmers Market in the 4th quarter worth $45,000. CWM LLC raised its holdings in Sprouts Farmers Market by 29.5% in the 4th quarter. CWM LLC now owns 1,956 shares of the company’s stock worth $63,000 after acquiring an additional 445 shares during the period. Finally, Bessemer Group Inc. raised its holdings in Sprouts Farmers Market by 27.2% in the 3rd quarter. Bessemer Group Inc. now owns 1,978 shares of the company’s stock worth $55,000 after acquiring an additional 423 shares during the period. Institutional investors and hedge funds own 99.11% of the company’s stock.
Insider Activity
In other news, CEO Jack Sinclair sold 66,709 shares of the stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $32.85, for a total value of $2,191,390.65. Following the transaction, the chief executive officer now directly owns 290,928 shares of the company’s stock, valued at $9,556,984.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Lawrence Molloy sold 1,159 shares of the firm’s stock in a transaction dated Thursday, March 16th. The shares were sold at an average price of $33.13, for a total transaction of $38,397.67. Following the transaction, the chief financial officer now directly owns 240,891 shares of the company’s stock, valued at $7,980,718.83. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jack Sinclair sold 66,709 shares of the firm’s stock in a transaction dated Friday, March 10th. The stock was sold at an average price of $32.85, for a total transaction of $2,191,390.65. Following the transaction, the chief executive officer now directly owns 290,928 shares in the company, valued at $9,556,984.80. The disclosure for this sale can be found here. Insiders have sold 280,782 shares of company stock valued at $9,677,615 over the last ninety days. 1.20% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Sprouts Farmers Market Stock Performance
Shares of SFM stock opened at $35.94 on Monday. The stock has a market cap of $3.71 billion, a P/E ratio of 15.42, a P/E/G ratio of 1.43 and a beta of 0.39. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.27 and a quick ratio of 0.68. The company has a fifty day moving average price of $34.89 and a two-hundred day moving average price of $33.45. Sprouts Farmers Market, Inc. has a one year low of $24.67 and a one year high of $39.99.
Sprouts Farmers Market (NASDAQ:SFM – Get Rating) last announced its quarterly earnings results on Monday, May 1st. The company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.13. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Sprouts Farmers Market had a net margin of 3.83% and a return on equity of 26.55%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.79 earnings per share. As a group, equities analysts predict that Sprouts Farmers Market, Inc. will post 2.68 EPS for the current year.
Sprouts Farmers Market Profile
Sprouts Farmers Market, Inc engages in the operation of healthy grocery stores. The firm specializes in fresh, natural and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care and natural household items.
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