WINTON GROUP Ltd purchased a new stake in Sprouts Farmers Market Inc (NASDAQ:SFM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 192,244 shares of the company’s stock, valued at approximately $4,243,000. WINTON GROUP Ltd owned approximately 0.15% of Sprouts Farmers Market as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Itau Unibanco Holding S.A. bought a new stake in shares of Sprouts Farmers Market in the 2nd quarter valued at approximately $102,000. Point72 Asia Hong Kong Ltd grew its stake in shares of Sprouts Farmers Market by 996.0% in the 1st quarter. Point72 Asia Hong Kong Ltd now owns 5,973 shares of the company’s stock valued at $140,000 after purchasing an additional 5,428 shares during the period. TLP Group LLC grew its stake in shares of Sprouts Farmers Market by 4,534.1% in the 1st quarter. TLP Group LLC now owns 6,395 shares of the company’s stock valued at $150,000 after purchasing an additional 6,257 shares during the period. NumerixS Investment Technologies Inc grew its stake in shares of Sprouts Farmers Market by 407.1% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 7,100 shares of the company’s stock valued at $159,000 after purchasing an additional 5,700 shares during the period. Finally, Global X Management Co LLC grew its stake in shares of Sprouts Farmers Market by 64.3% in the 2nd quarter. Global X Management Co LLC now owns 8,907 shares of the company’s stock valued at $197,000 after purchasing an additional 3,485 shares during the period. 95.32% of the stock is owned by hedge funds and other institutional investors.
Shares of SFM opened at $26.84 on Tuesday. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 1.75 and a beta of 0.82. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.25 and a current ratio of 1.04. Sprouts Farmers Market Inc has a 52 week low of $17.55 and a 52 week high of $29.67.
A number of equities research analysts recently commented on the company. BidaskClub lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating in a research report on Friday, July 27th. UBS Group increased their price target on Sprouts Farmers Market from $28.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, September 10th. ValuEngine upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Tuesday, September 11th. Zacks Investment Research upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Monday, August 6th. Finally, Citigroup assumed coverage on Sprouts Farmers Market in a research report on Friday, July 6th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the company. Sprouts Farmers Market currently has an average rating of “Hold” and a consensus price target of $27.11.
In other news, insider Brandon F. Lombardi sold 50,000 shares of the stock in a transaction on Friday, September 7th. The stock was sold at an average price of $28.28, for a total value of $1,414,000.00. Following the transaction, the insider now owns 93,581 shares of the company’s stock, valued at approximately $2,646,470.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joe Fortunato sold 1,000 shares of the stock in a transaction on Friday, September 21st. The shares were sold at an average price of $27.52, for a total value of $27,520.00. Following the completion of the transaction, the director now directly owns 21,707 shares in the company, valued at approximately $597,376.64. The disclosure for this sale can be found here. In the last three months, insiders sold 116,929 shares of company stock worth $3,137,967. 1.80% of the stock is currently owned by company insiders.
Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc, a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, meat and seafood, deli and baked goods, packaged groceries, vitamins and supplements, bulk foods, dairy and dairy alternatives, frozen foods, beer and wine, and natural body care and household items.
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