Trader Alert: Unusual Volume Spotted in Whole Foods Market, Inc. (NASDAQ:WFM)

Amazon to Acquire Whole Foods Market

Organic Russet Potatoes on sale at a Whole Foods Market in Mississauga Ontario Canada earlier this year

A number of large investors have recently modified their holdings of the company. Over the last five trading sessions, the stock has moved 19.45%. Whole Foods Market's payout ratio is 44.44%.

Ns Advisors Llc holds 12.07% of its portfolio in Sabra Health Care REIT Inc for 351,170 shares. Currently, Whole Foods Market, Inc.net profit margin for the 12 months is at 2.54%. Following the completion of the sale, the insider now owns 3,418 shares in the company, valued at $124,688.64. Finally, Whittier Trust Co. boosted its stake in shares of Whole Foods Market by 1.7% in the first quarter. Wolfe Research upgraded shares of Whole Foods Market from an "underperform" rating to a "market perform" rating in a research note on Tuesday, May 2nd. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. Vetr upgraded shares of Whole Foods Market from a "hold" rating to a "strong-buy" rating and set a $35.01 price target on the stock in a research report on Wednesday, March 8th. (NASDAQ:WFM) rating on Wednesday, June 1. The company had a trading volume of 3,880,066 shares. The 50 day moving average went up by +19.873% and the 200 day average went up $10.80 or +33.454%. John Mackey will remain as CEO of Whole Foods Market and Whole Foods Market's headquarters will stay in Austin, TX. The firm has a market cap of $13.64 billion, a P/E ratio of 33.98 and a beta of 0.88. This is an increase of approximately 749% compared to the average daily volume of 2,595 put options. The company reported $0.37 EPS for the quarter, meeting analysts' consensus estimates of $0.37. After $1.81 actual earnings per share reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -3.31% negative EPS growth. The firm's quarterly revenue was down 99.9% on a year-over-year basis. Whole Foods Market has a 12-month low of $27.67 and a 12-month high of $43.45. Shareholders of record on Friday, June 30th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, June 28th. Finally, Pacad Investment Ltd. bought a new position in shares of Whole Foods Market during the fourth quarter worth about $163,000.

Since January 1, 0001, it had 0 buys, and 6 sales for $1.23 million activity.

The deal represents a dramatic turn in strategy for Amazon, which has offered food delivery through its Fresh service for a decade but has not made a major dent in the $700 billion grocery market.

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Analysts await Celanese Corporation (NYSE:CE) to report earnings on July, 24. Pivotal Research raised Whole Foods Market from a "sell" rating to a "hold" rating and boosted their price target for the company from $27.00 to $42.00 in a research note on Monday. When analyzing at performance throughout recent 6 months we have seen that Whole Foods Market, Inc. Standpoint Research started coverage on shares of Whole Foods Market in a research note on Tuesday, April 11th. Whole Foods Market Inc had 45 analyst reports since July 28, 2015 according to SRatingsIntel. Credit Suisse has "Outperform" rating and $40 target.

The stock increased 0.48% or $0.43 on June 16, reaching $90.52. The stock was sold at an average price of $36.34, for a total transaction of $52,002.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The 20-day may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less "lag" than the longer-term moving average. The disclosure for this sale can be found here.

Analysts had expected Whole Foods Market, Inc. The Company operates approximately 456 stores in the United States, Canada and the United Kingdom.

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