Sprouts Farmers Market Inc

Bruno Cirelli
Agosto 12, 2017

The institutional investor owned 393,939 shares of the company's stock after selling 43,276 shares during the period.

Shares of Sprouts Farmers Market (SFM) opened at 24.14 on Friday. Wells Fargo & Company reissued a "buy" recommendation on stocks of Sprouts Farmers Market in a note on Fri, Apr 28th. The value of the investment in (SFM) went from $2,302,000 to $49,142,000 a change of $46,840,000 quarter over quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,216 shares of the company's stock valued at $119,000 after buying an additional 390 shares during the last quarter.

At the time of writing, Sprouts Farmers Market Inc (SFM) has a 14-day Commodity Channel Index (CCI) of -80.62. Sanders Dan J sold $532,537 worth of Sprouts Farmers Market Inc (NASDAQ:SFM) on Thursday, June 1. Finally, World Asset Management Inc purchased a new position in shares of Sprouts Farmers Market during the first quarter worth $210,000. TimesSquare Capital Management LLC now owns 3,589,600 shares of the company's stock worth $82,992,000 after buying an additional 163,200 shares during the period.

08/04/2017 - Sprouts Farmers Market, Inc. was upgraded to "overweight" by analysts at JP Morgan. Citadel Advisors LLC now controls 2,167,728 shares valued at $49,142,000. (NASDAQ:SFM) is 27.59%, 1.05% over the last quarter, and 23.67% for the past six months. The NYSE listed company saw a recent bid of $52.20 and 1255721 shares have traded hands in the session. It is trading at $23.82 which is a tad above the 50 day moving average which is $23.51 and quite a bit above the 200 day moving average of $22.04. PNC Financial Services Group boosted its stake in stocks of Sprouts Farmers Market by 9.4% in the Q1. The firm has a market cap of $3.27 billion, a PE ratio of 27.22 and a beta of 0.52. In the latest earnings report the EPS was $0.89 and is estimated to be $0.93 for the current year with 135,577,000 shares now outstanding. Sprouts Farmers Market had 54 analyst reports since July 29, 2015 according to SRatingsIntel. During the same quarter in the previous year, the company posted $0.25 earnings per share. Analysts anticipate that Sprouts Farmers Market will post $0.93 earnings per share for the current year.

03/20/2017 - Sprouts Farmers Market, Inc. had its "overweight" rating reiterated by analysts at Barclays. Dimensional Fund Advisors Lp added to its stake by buying 514,877 shares an increase of 62.1% from 03/31/2017 to 06/30/2017. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of USA and global copyright law. The original version of this piece can be read at https://stocknewstimes.com/2017/08/11/sprouts-farmers-market-inc-sfm-stake-lowered-by-granite-investment-partners-llc.html.

A number of research firms have recently commented on SFM. Stephens began coverage on shares of Sprouts Farmers Market in a research report on Friday. UBS AG upgraded shares of Sprouts Farmers Market from a "market perform" rating to an "outperform" rating in a report on Friday, June 16th. The company now has an average rating of "Buy" and an average price target of $25.42.

On May 16, 2017 Loop Capital released its first research report on the stock by announcing an initial rating of "Hold".

07/27/2017 - Sprouts Farmers Market, Inc. was downgraded to "hold" by analysts at Jefferies. They now have a Dollars 25 price target on the stock. Also, insider Brandon F. Lombardi sold 20,000 shares of the business's stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $22.71, for a total value of $305,404.08. Following the completion of the transaction, the chief operating officer now owns 152,430 shares in the company, valued at $3,618,688.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

In other news, COO James Leroy Nielsen sold 55,322 shares of the business's stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $23.74, for a total transaction of $1,313,344.28. The disclosure for this sale can be found here. In the last quarter, insiders sold 110,746 shares of company stock worth $2,638,027. The stock decreased 4.18% or $0.11 on August 10, reaching $2.52.

Taking a deeper look into the technical levels of Sprouts Farmers Market Inc (SFM), we can see that the Williams Percent Range or 14 day Williams %R now sits at -31.49. The Firm operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers' interest in health and wellness.

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