Sprouts Farmers Market (SFM) : During the past 4 weeks, traders have been relatively bearish on Sprouts Farmers Market (SFM), hence the stock is down -3.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.53% relative to the S&P 500. The 4-week change in the price of the stock is -2.2% and the stock has fallen -1.48% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.7% and the 50-Day Moving Average is 1.82%. Sprouts Farmers Market (NASDAQ:SFM): stock turned positive on Friday. Though the stock opened at $22.54, the bulls momentum made the stock top out at $22.8 level for the day. The stock recorded a low of $22.37 and closed the trading day at $22.66, in the green by 0.58%. The total traded volume for the day was 1,746,583. The stock had closed at $22.53 in the previous days trading.
The company Insiders own 2.6% of Sprouts Farmers Market shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 53.98% . Institutional Investors own 93.65% of Sprouts Farmers Market shares. During last six month period, the net percent change held by insiders has seen a change of -1.72%. Also, In the latest statement by the brokerage house, Northcoast Research downgrades its outlook on Sprouts Farmers Market (NASDAQ:SFM). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on August 8, 2016.
Sprouts Farmers Market, Inc. is a food retailer. The Company operates as a grocery store that offers natural and organic food, including produce, bulk foods, vitamins and supplements, grocery, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. As of February 26, 2015, the Company operated 198 stores in 12 states. The Companys product offerings focus on fresh, natural and organic foods. It categorizes its products as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli and bakery. Non-perishable product categories include grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and natural health and body care.