Sprouts Farmers Market, Inc. (NASDAQ:SFM) Shares Sold by Entropy Technologies LP

Entropy Technologies LP lowered its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 11.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,733 shares of the company’s stock after selling 2,039 shares during the quarter. Entropy Technologies LP’s holdings in Sprouts Farmers Market were worth $1,999,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Accent Capital Management LLC acquired a new position in shares of Sprouts Farmers Market in the third quarter valued at approximately $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Sprouts Farmers Market in the 4th quarter worth approximately $31,000. Avior Wealth Management LLC grew its stake in Sprouts Farmers Market by 93.5% in the 4th quarter. Avior Wealth Management LLC now owns 269 shares of the company’s stock worth $34,000 after acquiring an additional 130 shares during the period. V Square Quantitative Management LLC acquired a new position in Sprouts Farmers Market in the 3rd quarter valued at $38,000. Finally, First Horizon Advisors Inc. lifted its stake in shares of Sprouts Farmers Market by 80.6% during the 3rd quarter. First Horizon Advisors Inc. now owns 363 shares of the company’s stock worth $40,000 after purchasing an additional 162 shares during the period.

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock opened at $167.97 on Monday. The firm has a fifty day moving average of $144.10 and a 200-day moving average of $124.72. Sprouts Farmers Market, Inc. has a 52-week low of $50.12 and a 52-week high of $170.50. The company has a quick ratio of 0.59, a current ratio of 1.13 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $16.80 billion, a P/E ratio of 48.55, a PEG ratio of 2.25 and a beta of 0.63.

Insider Buying and Selling

In other news, Director Douglas Gregory Rauch sold 700 shares of Sprouts Farmers Market stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $148.89, for a total transaction of $104,223.00. Following the sale, the director now owns 10,874 shares in the company, valued at $1,619,029.86. This trade represents a 6.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Joseph D. O’leary sold 350 shares of the company’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 completion of the transaction, the director now owns 17,991 shares of the company’s stock, valued at $2,700,629.01. This trade 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 42,614 shares of company stock valued at $6,323,731. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on SFM shares. The Goldman Sachs Group lifted their price objective on Sprouts Farmers Market from $127.00 to $159.00 and gave the company a “buy” rating in a research report on Friday, November 1st. BMO Capital Markets lifted their price target 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. Evercore ISI increased their price objective on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. StockNews.com upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Finally, Bank of America increased their price target on shares of Sprouts Farmers Market from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $119.40.

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.