Jefferies Financial Group Inc. Acquires Shares of 20,837 Sprouts Farmers Market, Inc. $SFM

Jefferies Financial Group Inc. acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,837 shares of the company’s stock, valued at approximately $1,762,000.

Other hedge funds have also modified their holdings of the company. Public Employees Retirement System of Ohio acquired a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at $2,257,000. Pure Financial Advisors LLC purchased a new position in Sprouts Farmers Market during the 2nd quarter worth $207,000. Corient Private Wealth LP acquired a new position in Sprouts Farmers Market in the second quarter valued at $5,013,000. Punch & Associates Investment Management Inc. acquired a new position in Sprouts Farmers Market in the second quarter valued at $20,774,000. Finally, Bank of America Corp DE purchased a new stake in shares of Sprouts Farmers Market in the second quarter valued at about $93,790,000.

Insider Activity

In other news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. The trade was a 15.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the sale, the director owned 14,710 shares in the company, valued at $1,214,604.70. This represents a 15.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 58,289 shares of company stock worth $4,991,405 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Sprouts Farmers Market Price Performance

SFM stock opened at $81.46 on Friday. The firm has a 50 day moving average of $81.82 and a 200-day moving average of $79.55. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $141.78. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The company has a market cap of $7.60 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 2.02 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business 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 firm posted $1.35 EPS. The company’s revenue was up 4.7% compared to the same quarter last year. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. As a group, equities analysts expect that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on SFM. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a research report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $91.58.

View Our Latest Research Report on SFM

About Sprouts Farmers Market

(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.

Recommended Stories

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

Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.