Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Purchased by Greenleaf Trust

Greenleaf Trust raised its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 1.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,715 shares of the company’s stock after buying an additional 80 shares during the quarter. Greenleaf Trust’s holdings in Sprouts Farmers Market were worth $853,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of SFM. Assenagon Asset Management S.A. raised its stake in shares of Sprouts Farmers Market by 2,577.7% during the 3rd quarter. Assenagon Asset Management S.A. now owns 452,672 shares of the company’s stock worth $49,980,000 after buying an additional 435,767 shares in the last quarter. Fiera Capital Corp acquired a new position in Sprouts Farmers Market during the third quarter worth $31,712,000. Wellington Management Group LLP purchased a new position in Sprouts Farmers Market in the third quarter worth $18,259,000. International Assets Investment Management LLC lifted its holdings in Sprouts Farmers Market by 3,347.7% in the third quarter. International Assets Investment Management LLC now owns 164,732 shares of the company’s stock valued at $18,188,000 after acquiring an additional 159,954 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Sprouts Farmers Market by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,349,694 shares of the company’s stock worth $149,020,000 after purchasing an additional 156,175 shares in the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 30,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $149.24, for a total transaction of $4,477,200.00. Following the transaction, the chief executive officer now owns 163,862 shares of the company’s stock, valued at $24,454,764.88. This trade represents a 15.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Joseph D. O’leary sold 350 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $150.11, for a total transaction of $52,538.50. Following the sale, the director now directly owns 17,991 shares of the company’s stock, valued at $2,700,629.01. This represents a 1.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 39,699 shares of company stock worth $5,835,352. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

SFM has been the topic of several recent analyst reports. Wells Fargo & Company upped their target price on shares of Sprouts Farmers Market from $130.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. The Goldman Sachs Group upped their price target on Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, November 1st. StockNews.com raised Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. BMO Capital Markets upped their target price on Sprouts Farmers Market from $102.00 to $140.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Finally, Evercore ISI lifted their price target on Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $119.40.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $159.75 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.13 and a quick ratio of 0.59. The firm has a market cap of $15.97 billion, a PE ratio of 46.17, a P/E/G ratio of 2.09 and a beta of 0.63. The firm has a 50 day simple moving average of $142.87 and a 200-day simple moving average of $122.32. Sprouts Farmers Market, Inc. has a 1-year low of $49.81 and a 1-year high of $162.52.

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.