7,924 Shares in Sprouts Farmers Market, Inc. (NASDAQ:SFM) Acquired by Caxton Associates LP

Caxton Associates LP bought a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,924 shares of the company’s stock, valued at approximately $1,007,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SFM. Barclays PLC increased its holdings in Sprouts Farmers Market by 128.3% in the third quarter. Barclays PLC now owns 199,035 shares of the company’s stock worth $21,975,000 after purchasing an additional 111,838 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Sprouts Farmers Market during the 3rd quarter worth approximately $155,000. Franklin Resources Inc. increased its stake in shares of Sprouts Farmers Market by 25.8% in the 3rd quarter. Franklin Resources Inc. now owns 464,366 shares of the company’s stock valued at $53,551,000 after acquiring an additional 95,144 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Sprouts Farmers Market by 14.0% during the 4th quarter. GAMMA Investing LLC now owns 1,954 shares of the company’s stock valued at $248,000 after acquiring an additional 240 shares during the period. Finally, Everence Capital Management Inc. bought a new position in Sprouts Farmers Market during the fourth quarter worth $231,000.

Sprouts Farmers Market Trading Down 0.7 %

NASDAQ:SFM opened at $172.71 on Tuesday. Sprouts Farmers Market, Inc. has a 52 week low of $73.46 and a 52 week high of $178.99. The firm has a 50-day moving average price of $151.89 and a two-hundred day moving average price of $147.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. The firm has a market cap of $16.96 billion, a price-to-earnings ratio of 45.93, a price-to-earnings-growth ratio of 2.31 and a beta of 0.87.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.27. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.20 billion. Sprouts Farmers Market had a return on equity of 29.86% and a net margin of 4.93%. Sprouts Farmers Market’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period last year, the company posted $1.12 earnings per share. On average, equities analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price objective on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 21st. Royal Bank of Canada upped their price target on Sprouts Farmers Market from $160.00 to $172.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 1st. Northcoast Research raised Sprouts Farmers Market from a “neutral” rating to a “buy” rating and set a $185.00 price objective for the company in a research note on Friday, February 28th. Jefferies Financial Group upped their target price on Sprouts Farmers Market from $119.00 to $139.00 and gave the stock a “hold” rating in a research report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Sprouts Farmers Market from $131.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, March 11th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $168.77.

Insider Buying and Selling

In other Sprouts Farmers Market news, insider Dustin Hamilton sold 1,725 shares of the business’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $175.01, for a total value of $301,892.25. Following the sale, the insider now directly owns 23,895 shares in the company, valued at $4,181,863.95. The trade was a 6.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jack Sinclair sold 49,898 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $137.42, for a total value of $6,856,983.16. Following the transaction, the chief executive officer now owns 189,449 shares of the company’s stock, valued at $26,034,081.58. The trade was a 20.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 105,056 shares of company stock worth $15,006,735. Insiders own 1.10% of the company’s stock.

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.