Sprouts Farmers Market Inc. (NASDAQ:SFM) CFO Bradley Lukow acquired 2,000 shares of the stock in a transaction on Friday, September 16th. The stock was bought at an average price of $20.05 per share, with a total value of $40,100.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Bradley Lukow also recently made the following trade(s):

  • On Monday, September 12th, Bradley Lukow acquired 10,000 shares of Sprouts Farmers Market stock. The stock was bought at an average price of $19.45 per share, with a total value of $194,500.00.

Shares of Sprouts Farmers Market Inc. (NASDAQ:SFM) opened at 20.39 on Thursday. Sprouts Farmers Market Inc. has a 12-month low of $18.70 and a 12-month high of $30.00. The stock has a 50 day moving average of $21.85 and a 200-day moving average of $24.68. The firm has a market capitalization of $3.03 billion, a P/E ratio of 21.74 and a beta of 0.73.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Thursday, August 4th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The business earned $1,000 million during the quarter, compared to the consensus estimate of $1.04 billion. Sprouts Farmers Market had a net margin of 3.72% and a return on equity of 17.77%. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. On average, equities research analysts predict that Sprouts Farmers Market Inc. will post $0.85 EPS for the current fiscal year.

Several equities research analysts have weighed in on SFM shares. Bank of America Corp. restated a “buy” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 8th. Wells Fargo & Co. restated a “buy” rating on shares of Sprouts Farmers Market in a research report on Thursday, May 26th. Deutsche Bank AG reduced their target price on shares of Sprouts Farmers Market from $35.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, July 14th. Vetr lowered shares of Sprouts Farmers Market from a “strong-buy” rating to a “buy” rating and set a $26.50 target price on the stock. in a research note on Tuesday, July 26th. Finally, Goldman Sachs Group Inc. raised shares of Sprouts Farmers Market from a “sell” rating to a “buy” rating and set a $29.00 target price on the stock in a research note on Tuesday, July 26th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $27.60.

A number of hedge funds have recently added to or reduced their stakes in SFM. Stillwater Investment Management L.P. purchased a new stake in Sprouts Farmers Market during the first quarter worth $18,362,000. BlackRock Institutional Trust Company N.A. increased its stake in Sprouts Farmers Market by 15.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 4,189,288 shares of the company’s stock worth $121,657,000 after buying an additional 559,466 shares in the last quarter. BlackRock Fund Advisors increased its stake in Sprouts Farmers Market by 241.5% in the first quarter. BlackRock Fund Advisors now owns 4,914,136 shares of the company’s stock worth $142,707,000 after buying an additional 3,475,079 shares in the last quarter. BlackRock Group LTD increased its stake in Sprouts Farmers Market by 12.9% in the first quarter. BlackRock Group LTD now owns 324,736 shares of the company’s stock worth $9,429,000 after buying an additional 36,980 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Sprouts Farmers Market by 1,396.0% in the first quarter. BlackRock Inc. now owns 63,774 shares of the company’s stock worth $1,852,000 after buying an additional 59,511 shares in the last quarter. 93.47% of the stock is owned by institutional investors and hedge funds.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer that offers natural and organic food, including produce, bulk foods, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. The Company categorizes its products as perishable and non-perishable. Its perishable product category includes produce, meat, seafood, deli and bakery.

5 Day Chart for NASDAQ:SFM

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