Boston Trust Walden Corp Has $79.13 Million Stock Position in Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Boston Trust Walden Corp lessened its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 31.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 716,671 shares of the company’s stock after selling 326,476 shares during the period. Boston Trust Walden Corp owned 0.72% of Sprouts Farmers Market worth $79,128,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Crewe Advisors LLC grew its position in shares of Sprouts Farmers Market by 223.5% in the 2nd quarter. Crewe Advisors LLC now owns 317 shares of the company’s stock valued at $27,000 after buying an additional 219 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Sprouts Farmers Market in the third quarter worth approximately $38,000. Whittier Trust Co. of Nevada Inc. bought a new stake in Sprouts Farmers Market in the second quarter valued at approximately $29,000. Quarry LP increased its position in Sprouts Farmers Market by 1,425.8% during the 2nd quarter. Quarry LP now owns 473 shares of the company’s stock valued at $40,000 after purchasing an additional 442 shares during the period. Finally, Waldron Private Wealth LLC bought a new position in Sprouts Farmers Market during the 3rd quarter worth approximately $60,000.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 5,714 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $95.52, for a total value of $545,801.28. Following the completion of the sale, the chief executive officer now owns 233,860 shares in the company, valued at $22,338,307.20. 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. In other Sprouts Farmers Market news, Director Joe Fortunato sold 7,895 shares of the business’s stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $98.38, for a total value of $776,710.10. Following the transaction, the director now owns 45,071 shares of the company’s stock, valued at approximately $4,434,084.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jack Sinclair sold 5,714 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $95.52, for a total value of $545,801.28. Following the completion of the transaction, the chief executive officer now owns 233,860 shares of the company’s stock, valued at $22,338,307.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 124,142 shares of company stock worth $12,401,112. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

SFM has been the topic of a number of research analyst reports. Bank of America upped their price target on shares of Sprouts Farmers Market from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Friday. UBS Group upped their target price on Sprouts Farmers Market from $68.00 to $94.00 and gave the company a “neutral” rating in a research report on Friday, June 28th. The Goldman Sachs Group lifted their target price on Sprouts Farmers Market from $111.00 to $127.00 and gave the stock a “buy” rating in a report on Tuesday. Wells Fargo & Company upgraded Sprouts Farmers Market from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $62.00 to $90.00 in a report on Tuesday, July 30th. Finally, BMO Capital Markets raised shares of Sprouts Farmers Market from an “underperform” rating to a “market perform” rating and raised their price objective for the stock from $40.00 to $102.00 in a research report on Tuesday, July 30th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $104.40.

Sprouts Farmers Market Stock Up 0.5 %

Shares of NASDAQ SFM traded up $0.54 during mid-day trading on Friday, reaching $119.32. 1,402,102 shares of the company’s stock traded hands, compared to its average volume of 1,311,438. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.03 and a quick ratio of 0.44. Sprouts Farmers Market, Inc. has a 1-year low of $39.76 and a 1-year high of $120.69. The stock has a market cap of $11.95 billion, a P/E ratio of 37.40, a PEG ratio of 3.36 and a beta of 0.56. The business has a 50-day simple moving average of $107.64 and a 200 day simple moving average of $89.25.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Monday, July 29th. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.16. Sprouts Farmers Market had a return on equity of 27.53% and a net margin of 4.52%. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the company posted $0.71 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, analysts expect that Sprouts Farmers Market, Inc. will post 3.37 EPS for the current fiscal year.

About Sprouts Farmers Market

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.