Published: Sat, January 06, 2018
Finance | By Loren Pratt

Sprouts Farmers Market Inc (SFM) CEO Amin N. Maredia Sells 12301 Shares

Telos Capital Management Inc decreased its stake in Sprouts Fmrs Mkt Inc (SFM) by 83.01% based on its latest 2017Q3 regulatory filing with the SEC. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.05. Harvest Capital Strategies Llc who had been investing in Sprouts Fmrs Mkt Inc for a number of months, seems to be bullish on the $3.23B market cap company.

Sprouts Farmers Market Inc (NASDAQ SFM) traded down $0.35 during trading hours on Friday, reaching $24.23.

Sprouts Farmers Market is cementing its fast-growing reputation in the new year by announcing that it plans to open 30 new stores in 2018. (NASDAQ:SFM) has declined 1.88% since January 4, 2017 and is downtrending. It has underperformed by 16.70% the S&P500.

Since August 7, 2017, it had 0 insider purchases, and 2 selling transactions for $853,118 activity. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Therefore 71% are positive. The rating was maintained by Jefferies on Monday, October 30 with "Hold". Sprouts Farmers Market, Inc. (NASDAQ:SFM) are $23.36 and $21.73. In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. (NASDAQ:SFM) earned "Perform" rating by Oppenheimer on Wednesday, July 22. The company was upgraded on Wednesday, January 27 by Argus Research.

Over the past 50 days, Sprouts Farmers Market, Inc. stock's -2.80% off of the high and 38.46% removed from the low. The rating was maintained by Deutsche Bank on Friday, August 7 with "Hold". As per Wednesday, August 26, the company rating was initiated by Jefferies. Finally, Zacks Investment Research lowered Sprouts Farmers Market from a "buy" rating to a "hold" rating in a report on Thursday, October 5th. Cowen & Co maintained the stock with "Market Perform" rating in Tuesday, January 26 report.

Investors sentiment decreased to 1.08 in Q3 2017. In the past 13-year record, this ratio went down as low as 0.14 and as high as 1.63. It is negative, as 14 investors sold INGN shares while 65 reduced holdings.

A number of other hedge funds have also made changes to their positions in the stock. The company saw 3.35 million shares trade hands over the course of the day. It is negative, as 34 investors sold Sprouts Farmers Market, Inc. shares while 82 reduced holdings. Apg Asset Nv stated it has 0.01% in Sprouts Farmers Market, Inc. (NASDAQ:SFM). 3,509 were accumulated by Tower Research Capital Limited Company (Trc). Group Inc One Trading Limited Partnership reported 187,534 shares.

Ratings analysis reveals 75% of Sprouts Farmers Market's analysts are positive. (NASDAQ:SFM). Guggenheim Cap Ltd Company has invested 0% in Sprouts Farmers Market, Inc. Thrivent Fin For Lutherans holds 0% or 26,930 shares in its portfolio.

WARNING: "Vident Investment Advisory LLC Increases Stake in Sprouts Farmers Market Inc (NASDAQ:SFM)" was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. SFM is down around 29.29% from its 12-month high of $17.38 notched on Mar 07, 2017 but is -28.76% above its highest point the past 12 months of $31.65 a share. Utah Retirement invested in 0.01% or 24,400 shares. (NASDAQ:SFM). First Quadrant Lp Ca has 0% invested in Sprouts Farmers Market, Inc. McDonald's Corporation had 119 analyst reports since September 29, 2015 according to SRatingsIntel. (NASDAQ:SFM) or 412,199 shares.

Sprouts Farmers Market, Inc.

Farr Miller & Washington Llc, which manages about $1.04 billion and $1.05B US Long portfolio, upped its stake in Bristol Myers Squibb (NYSE:BMY) by 324,976 shares to 381,639 shares, valued at $24.33 million in 2017Q3, according to the filing. (NASDAQ:INGN) or 91,875 shares.

Among 20 analysts covering GameStop Corp. The company presently has a consensus rating of "Buy" and an average price target of $24.28. The rating was maintained by Robert W. Baird with "Buy" on Monday, October 2. The rating was maintained by Needham with "Buy" on Friday, August 4. RBC Capital Markets has "Buy" rating and $2800 target. The stock has "Neutral" rating by Goldman Sachs on Thursday, January 19. The firm earned "Hold" rating on Monday, September 11 by Piper Jaffray. The rating was maintained by William Blair with "Buy" on Tuesday, August 29. RBC Capital Markets maintained the shares of SFM in report on Friday, November 6 with "Outperform" rating.

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