Sprouts Farmers Market Inc [SFM] stock was sold by McGlinchey David at the price of US$5.07 million

Sprouts Farmers Market Inc’s recent filing unveils that its Chief Strategy Officer McGlinchey David unloaded Company’s shares for reported $5.07 million on Dec 07. In the deal valued at $46.17 per share,109,881 shares were sold. As a result of this transaction, McGlinchey David now holds 24,130 shares worth roughly $1.22 million.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Then, Lombardi Brandon F. sold 12,457 shares, generating $573,022 in total proceeds. Upon selling the shares at $46.00, the Chief Legal Officer now owns 8,328 shares.

Before that, Lombardi Brandon F. sold 12,000 shares. Sprouts Farmers Market Inc shares valued at $552,017 were divested by the Chief Legal Officer at a price of $46.00 per share. As a result of the transaction, Lombardi Brandon F. now holds 8,328 shares, worth roughly $0.42 million.

Evercore ISI upgraded its Sprouts Farmers Market Inc [SFM] rating to an In-line from a an Underperform in a research note published On Monday, January 04, 2024; the price target was increased to $45 from $40.

Price Performance Review of SFM

On Monday, Sprouts Farmers Market Inc [NASDAQ:SFM] saw its stock jump 1.25% to $50.37. Over the last five days, the stock has lost -2.61%. Sprouts Farmers Market Inc shares have risen nearly 4.70% since the year began. Nevertheless, the stocks have risen 57.55% over the past one year. While a 52-week high of $52.02 was reached on 01/22/24, a 52-week low of $30.20 was recorded on 01/02/24. SMA at 50 days reached $47.07, while 200 days put it at $40.50. A total of 1.12 million shares were traded, compared to the trading of 1.33 million shares in the previous session.

Levels Of Support And Resistance For SFM Stock

The 24-hour chart illustrates a support level at 49.93, which if violated will result in even more drops to 49.49. On the upside, there is a resistance level at 50.61. A further resistance level may holdings at 50.86. The Relative Strength Index (RSI) on the 14-day chart is 57.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.15%. Stochastics %K at 39.91% indicates the stock is a holding.

How much short interest is there in Sprouts Farmers Market Inc?

A steep rise in short interest was recorded in Sprouts Farmers Market Inc stocks on Jan 11, 2024, dropping by -0.49 million shares to a total of 15.29 million shares. Yahoo Finance data shows the prior-month short interest on Dec 14, 2023 was 15.78 million shares. There was a decline of -3.2%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 24.61% of the overall stock float, the days-to-cover ratio (short ratio) fell to 12.46.

Sprouts Farmers Market Inc [SFM] – Who Are The Largest Shareholders?

In filings from Fidelity Management & Research Co, it is revealed that the company now owns 11,539,033 shares, or roughly 11.36% of the outstanding SFM shares. In other words, the investor’s shares have risen by 33,252 from its previous 13-F filing of 11505781.0. Additionally, BlackRock Fund Advisors increased 0.53% of its stake after which the total value it holdings stand at $519,140,096, while The Vanguard Group, Inc. reduced -0.28% of its stake to hold $501.9 million in the firm. Over the last quarter, LSV Asset Management sold -276,648 shares of Sprouts Farmers Market Inc, while Renaissance Technologies LLC sold -392,188 shares. At present, SSgA Funds Management, Inc. is holding 3,732,332 shares valued at $179.56 million. FIAM LLC owned 3,558,123 shares of the company at the time of its most recent 13F filing, worth $171.18 million.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular