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Notable Wednesday Option Activity: SFM, TKR, BBBY
Wednesday, April 19, 3:36 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

Sprouts Farmers Market Reaches Analyst Target Price
Thursday, April 27, 7:31 AM ET, by Market News Video Staff

In recent trading, shares of Sprouts Farmers Market Inc (SFM) have crossed above the average ...

SFM Crosses Above Average Analyst Target
Wednesday, June 14, 7:37 AM ET, by Market News Video Staff

In recent trading, shares of Sprouts Farmers Market Inc (SFM) have crossed above the average ...

Noteworthy Tuesday Option Activity: CWH, CGNX, SFM
Tuesday, August 1, 3:29 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Commit To Buy Sprouts Farmers Market At $35, Earn 11.4% Using Options
Monday, September 11, 2:02 PM ET, by Market News Video Staff

Investors eyeing a purchase of Sprouts Farmers Market Inc (SFM) shares, but cautious about paying ...

Top Buys by Directors: Fortunato's $244.4K Bet on SFM

By Market News Video Staff, Monday, February 22, 3:11 PM ET
Play Video: One Reason For Insiders to Buy


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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $244.4K by Joe Fortunato, Director at Sprouts Farmers Market Inc (NASDAQ:SFM).

Fortunato bets big on SFM:

Purchased Insider Title Shares Price/Share Value
11/02/2020 Joe Fortunato Director 13,000 $18.80 $244,366.20

Fortunato's average cost works out to $18.80/share. Shares of Sprouts Farmers Market Inc were changing hands at $21.60 at last check, trading down about 1.1% on Monday. The chart below shows the one year performance of SFM shares, versus its 200 day moving average:

Sprouts Farmers Market Inc Chart

Looking at the chart above, SFM's low point in its 52 week range is $13 per share, with $28.10 as the 52 week high point — that compares with a last trade of $21.60.


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This Article's Word Cloud:   Buys   Company   Director   Directors   Dividends   Farmers   Fortunato   Free   Insider   Looking   Market   Monday   Presumably   Price   Purchased   Report   Share   Shares   Sprouts   Start   Title   Value   about   above   average   below   bets   both   business   buys   cash   changing   chart   check   choose   company   compares   directors   last   make   maybe   mdash   point   share   stock   take   that   they   week   with
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Top Buys by Directors: Fortunato's $244.4K Bet on SFM | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

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