Vanguard Personalized Indexing Management LLC Sells 2,142 Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Vanguard Personalized Indexing Management LLC decreased its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 9.2% during the third quarter, HoldingsChannel.com reports. The firm owned 21,218 shares of the company’s stock after selling 2,142 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Sprouts Farmers Market were worth $908,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SFM. Jones Financial Companies Lllp purchased a new stake in Sprouts Farmers Market in the second quarter worth $32,000. Canada Pension Plan Investment Board purchased a new stake in Sprouts Farmers Market in the first quarter worth $35,000. Ronald Blue Trust Inc. increased its stake in Sprouts Farmers Market by 80.3% in the third quarter. Ronald Blue Trust Inc. now owns 831 shares of the company’s stock worth $36,000 after purchasing an additional 370 shares during the period. Covestor Ltd increased its stake in Sprouts Farmers Market by 13,150.0% in the second quarter. Covestor Ltd now owns 1,060 shares of the company’s stock worth $39,000 after purchasing an additional 1,052 shares during the period. Finally, FinTrust Capital Advisors LLC purchased a new stake in Sprouts Farmers Market in the third quarter worth $49,000.

Sprouts Farmers Market Price Performance

Shares of SFM stock opened at $52.17 on Tuesday. Sprouts Farmers Market, Inc. has a 1-year low of $30.20 and a 1-year high of $52.40. The stock’s 50-day moving average is $49.26 and its 200 day moving average is $43.85. The company has a market cap of $5.30 billion, a P/E ratio of 21.38, a PEG ratio of 2.10 and a beta of 0.44. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.15 and a quick ratio of 0.55.

Wall Street Analyst Weigh In

SFM has been the topic of a number of recent research reports. The Goldman Sachs Group raised Sprouts Farmers Market from a “sell” rating to a “buy” rating and increased their price target for the stock from $37.00 to $49.00 in a research report on Tuesday, December 12th. Evercore ISI raised Sprouts Farmers Market from an “underperform” rating to an “inline” rating and increased their price target for the stock from $40.00 to $45.00 in a research report on Thursday, January 4th. StockNews.com downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Sunday, December 3rd. Finally, UBS Group increased their price target on Sprouts Farmers Market from $39.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $38.88.

View Our Latest Stock Report on Sprouts Farmers Market

Insider Activity at Sprouts Farmers Market

In related news, insider Joseph L. Hurley sold 4,182 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $42.16, for a total transaction of $176,313.12. Following the sale, the insider now owns 24,229 shares of the company’s stock, valued at $1,021,494.64. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Sprouts Farmers Market news, insider Joseph L. Hurley sold 4,182 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $42.16, for a total value of $176,313.12. Following the completion of the sale, the insider now owns 24,229 shares of the company’s stock, valued at $1,021,494.64. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider David Mcglinchey sold 109,881 shares of the firm’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $46.17, for a total value of $5,073,205.77. Following the completion of the sale, the insider now directly owns 24,130 shares of the company’s stock, valued at approximately $1,114,082.10. The disclosure for this sale can be found here. Insiders have sold a total of 179,836 shares of company stock valued at $7,950,127 over the last quarter. 1.20% of the stock is owned by corporate insiders.

About Sprouts Farmers Market

(Free Report)

Sprouts Farmers Market, Inc, together with its subsidiaries, retails fresh, natural, and organic food products in the United States. It provides perishable product categories, including fresh produce, meat, 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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Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report).

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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