Maxi Investments CY Ltd purchased a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 6,900 shares of the company’s stock, valued at approximately $550,000.
Several other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new stake in Sprouts Farmers Market during the second quarter valued at $29,000. Root Financial Partners LLC purchased a new stake in shares of Sprouts Farmers Market in the 3rd quarter valued at about $26,000. Smartleaf Asset Management LLC raised its holdings in shares of Sprouts Farmers Market by 98.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after acquiring an additional 141 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Sprouts Farmers Market during the 3rd quarter valued at about $33,000. Finally, Sound Income Strategies LLC purchased a new position in shares of Sprouts Farmers Market during the fourth quarter worth about $27,000.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. UBS Group lowered their target price on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. The Goldman Sachs Group set a $111.00 price objective on shares of Sprouts Farmers Market in a report on Friday, February 20th. Royal Bank Of Canada cut their target price on shares of Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft cut Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 target price on the stock. in a research note on Thursday, January 8th. Finally, Wells Fargo & Company dropped their price target on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Hold” and an average target price of $96.08.
Insider Buying and Selling at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 3,201 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $268,787.97. Following the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,670,220.60. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kim Coffin sold 313 shares of Sprouts Farmers Market stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $26,282.61. Following the completion of the transaction, the senior vice president owned 23,332 shares in the company, valued at approximately $1,959,188.04. This represents a 1.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 130,156 shares of company stock valued at $10,600,146. 1.30% of the stock is currently owned by insiders.
Sprouts Farmers Market Trading Up 3.5%
SFM stock opened at $81.03 on Friday. The company has a market capitalization of $7.62 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.65 and a beta of 0.68. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $182.00. The company’s 50 day moving average price is $76.86 and its two-hundred day moving average price is $78.77. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the company earned $1.81 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. As a group, analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.
Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.
Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.
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