Sequoia Financial Advisors LLC Raises Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Sequoia Financial Advisors LLC increased its position in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 113.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,878 shares of the company’s stock after purchasing an additional 5,789 shares during the period. Sequoia Financial Advisors LLC’s holdings in Sprouts Farmers Market were worth $867,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Sprouts Farmers Market by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock worth $789,802,000 after buying an additional 28,951 shares during the period. Bank of America Corp DE grew its position in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after buying an additional 1,494,014 shares during the period. Nordea Investment Management AB grew its position in shares of Sprouts Farmers Market by 39.1% in the 4th quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock worth $186,647,000 after buying an additional 653,206 shares during the period. Voloridge Investment Management LLC grew its position in shares of Sprouts Farmers Market by 652.7% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock worth $153,544,000 after buying an additional 1,223,753 shares during the period. Finally, Man Group plc grew its position in shares of Sprouts Farmers Market by 14.1% in the 3rd quarter. Man Group plc now owns 1,394,724 shares of the company’s stock worth $151,746,000 after buying an additional 172,256 shares during the period.

Insiders Place Their Bets

In other Sprouts Farmers Market news, SVP Kim Coffin sold 313 shares of Sprouts Farmers Market stock in a transaction on 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 sale, the senior vice president owned 23,332 shares of the company’s stock, valued at approximately $1,959,188.04. This trade represents a 1.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jack Sinclair sold 3,201 shares of Sprouts Farmers Market stock in a transaction on Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $268,787.97. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,670,220.60. The trade was a 1.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 130,156 shares of company stock worth $10,600,146. 1.30% of the stock is owned by corporate insiders.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $86.96 on Friday. The stock has a market cap of $8.18 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.87 and a beta of 0.68. The firm’s 50-day moving average is $77.88 and its 200 day moving average is $77.95. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $182.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 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 firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the company posted $1.81 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SFM. The Goldman Sachs Group set a $111.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Friday, March 27th. JPMorgan Chase & Co. raised their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $70.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Sprouts Farmers Market has an average rating of “Hold” and a consensus price target of $96.08.

Check Out Our Latest Stock Analysis on Sprouts Farmers Market

Sprouts Farmers Market Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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