Sprouts Farmers Market, Inc. (NASDAQ:SFM) saw some unusual options trading on Friday. Stock traders acquired 10,990 call options on the stock. This represents an increase of 1,140% compared to the average volume of 886 call options.

Shares of Sprouts Farmers Market (NASDAQ SFM) opened at 21.84 on Monday. Sprouts Farmers Market has a one year low of $17.38 and a one year high of $25.98. The company has a market capitalization of $2.96 billion, a PE ratio of 24.62 and a beta of 0.52. The stock has a 50 day moving average price of $23.91 and a 200 day moving average price of $22.43.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. Sprouts Farmers Market had a net margin of 2.96% and a return on equity of 18.79%. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.25 earnings per share. On average, equities research analysts predict that Sprouts Farmers Market will post $0.93 earnings per share for the current year.

In related news, Director Steven H. Townsend sold 15,000 shares of Sprouts Farmers Market stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $24.42, for a total transaction of $366,300.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Amin N. Maredia sold 13,448 shares of Sprouts Farmers Market stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $22.71, for a total value of $305,404.08. The disclosure for this sale can be found here. Insiders have sold 70,424 shares of company stock worth $1,690,983 over the last quarter. 2.60% of the stock is owned by company insiders.

Several institutional investors have recently made changes to their positions in SFM. Benjamin F. Edwards & Company Inc. increased its position in shares of Sprouts Farmers Market by 2.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 7,355 shares of the company’s stock valued at $170,000 after buying an additional 200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Sprouts Farmers Market by 26.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 60,397 shares of the company’s stock valued at $1,396,000 after buying an additional 12,742 shares during the last quarter. Comerica Bank increased its position in shares of Sprouts Farmers Market by 31.9% in the first quarter. Comerica Bank now owns 105,852 shares of the company’s stock valued at $2,404,000 after buying an additional 25,591 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Sprouts Farmers Market by 26.3% in the first quarter. Bank of New York Mellon Corp now owns 2,701,767 shares of the company’s stock valued at $62,464,000 after buying an additional 563,159 shares during the last quarter. Finally, Wrapmanager Inc. increased its position in shares of Sprouts Farmers Market by 45.8% in the first quarter. Wrapmanager Inc. now owns 19,693 shares of the company’s stock valued at $455,000 after buying an additional 6,182 shares during the last quarter. 88.09% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on SFM shares. Jefferies Group LLC set a $26.00 target price on Sprouts Farmers Market and gave the company a “buy” rating in a research report on Monday, May 1st. BMO Capital Markets set a $24.00 target price on Sprouts Farmers Market and gave the company a “hold” rating in a research report on Thursday, May 4th. Wells Fargo & Company reiterated a “buy” rating on shares of Sprouts Farmers Market in a research report on Thursday, May 4th. Gordon Haskett started coverage on Sprouts Farmers Market in a research report on Tuesday, May 9th. They set an “accumulate” rating and a $27.00 target price on the stock. Finally, TheStreet upgraded Sprouts Farmers Market from a “c+” rating to a “b-” rating in a research report on Friday, May 5th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $25.42.

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Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer. The Company 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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