Arjuna Capital cut its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 42.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,591 shares of the company's stock after selling 27,368 shares during the quarter. Sprouts Farmers Market accounts for about 1.0% of Arjuna Capital's portfolio, making the stock its 27th largest holding. Arjuna Capital's holdings in Sprouts Farmers Market were worth $4,040,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SFM. UMB Bank n.a. increased its position in Sprouts Farmers Market by 26.3% during the 3rd quarter. UMB Bank n.a. now owns 605 shares of the company's stock worth $67,000 after purchasing an additional 126 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in Sprouts Farmers Market by 0.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,717 shares of the company's stock worth $1,566,000 after purchasing an additional 148 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Sprouts Farmers Market by 4.5% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,645 shares of the company's stock worth $402,000 after purchasing an additional 158 shares in the last quarter. Hanseatic Management Services Inc. increased its position in Sprouts Farmers Market by 23.3% during the 3rd quarter. Hanseatic Management Services Inc. now owns 931 shares of the company's stock worth $103,000 after purchasing an additional 176 shares in the last quarter. Finally, Ironwood Investment Counsel LLC increased its position in Sprouts Farmers Market by 3.8% during the 1st quarter. Ironwood Investment Counsel LLC now owns 5,277 shares of the company's stock worth $340,000 after purchasing an additional 195 shares in the last quarter.

A number of equities analysts recently issued reports on SFM shares. Melius Research started coverage on shares of Sprouts Farmers Market in a research report on Monday, September 23rd. They set a "hold" rating and a $105.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of Sprouts Farmers Market from $90.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Sprouts Farmers Market from $63.00 to $76.00 and gave the stock a "hold" rating in a report on Monday, July 29th. Roth Mkm boosted their target price on shares of Sprouts Farmers Market from $58.00 to $78.00 and gave the stock a "neutral" rating in a report on Tuesday, July 30th. Finally, Royal Bank of Canada started coverage on shares of Sprouts Farmers Market in a report on Thursday, September 12th. They set a "sector perform" rating and a $107.00 target price on the stock. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Sprouts Farmers Market presently has an average rating of "Hold" and an average price target of $115.40.

View Our Latest Stock Report on SFM

Shares of NASDAQ:SFM traded down $0.70 during trading on Wednesday, reaching $145.37. The stock had a trading volume of 78,173 shares, compared to its average volume of 1,330,403. The firm's fifty day moving average is $115.63 and its 200 day moving average is $95.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. Sprouts Farmers Market, Inc. has a 52 week low of $40.39 and a 52 week high of $148.56. The stock has a market cap of $14.54 billion, a price-to-earnings ratio of 42.22, a P/E/G ratio of 2.21 and a beta of 0.54.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.14. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.88 billion. Sprouts Farmers Market had a net margin of 4.73% and a return on equity of 28.24%. Sprouts Farmers Market's revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 earnings per share. As a group, equities analysts forecast that Sprouts Farmers Market, Inc. will post 3.68 EPS for the current fiscal year.

In other Sprouts Farmers Market news, insider Dustin Hamilton sold 500 shares of the company's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $97.52, for a total transaction of $48,760.00. Following the transaction, the insider now owns 27,188 shares in the company, valued at approximately $2,651,373.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Jack Sinclair sold 5,714 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $101.09, for a total value of $577,628.26. Following the completion of the sale, the chief executive officer now owns 222,432 shares in the company, valued at $22,485,650.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Dustin Hamilton sold 500 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $97.52, for a total transaction of $48,760.00. Following the completion of the sale, the insider now owns 27,188 shares of the company's stock, valued at approximately $2,651,373.76. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,648 shares of company stock worth $5,902,586. Insiders own 1.10% of the company's stock.

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.

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