Pictet Asset Management Holding SA lowered its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 40.7% in the fourth quarter, HoldingsChannel reports. The firm owned 585,614 shares of the company’s stock after selling 401,223 shares during the period. Pictet Asset Management Holding SA’s holdings in Sprouts Farmers Market were worth $46,656,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Sprouts Farmers Market by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock valued at $789,802,000 after buying an additional 28,951 shares during the last quarter. Bank of America Corp DE raised its holdings in Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after acquiring an additional 1,494,014 shares in the last quarter. Nordea Investment Management AB raised its holdings in Sprouts Farmers Market by 39.1% in the fourth quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock valued at $186,647,000 after acquiring an additional 653,206 shares in the last quarter. Voloridge Investment Management LLC boosted its stake in Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after acquiring an additional 1,223,753 shares during the last quarter. Finally, Man Group plc boosted its stake in Sprouts Farmers Market by 14.1% during the 3rd quarter. Man Group plc now owns 1,394,724 shares of the company’s stock valued at $151,746,000 after acquiring an additional 172,256 shares during the last quarter.
Sprouts Farmers Market Stock Up 0.6%
Shares of NASDAQ:SFM opened at $71.13 on Thursday. The company’s fifty day moving average is $76.08 and its two-hundred day moving average is $79.87. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $182.00. The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 1.55 and a beta of 0.67.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. BMO Capital Markets reissued a “market perform” rating and issued a $70.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Royal Bank Of Canada reduced their price target on shares of Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. JPMorgan Chase & Co. lowered their price objective on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Zacks Research upgraded Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Seven research 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 currently has an average rating of “Hold” and a consensus target price of $96.00.
Insider Buying and Selling
In other news, insider Brandon F. Lombardi sold 11,745 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $81.59, for a total transaction of $958,274.55. Following the completion of the transaction, the insider directly owned 8,262 shares of the company’s stock, valued at approximately $674,096.58. This represents a 58.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Nicholas Konat sold 10,123 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $80.82, for a total value of $818,140.86. Following the sale, the chief operating officer owned 80,139 shares in the company, valued at $6,476,833.98. The trade was a 11.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 129,750 shares of company stock valued at $10,566,838 over the last 90 days. 1.30% of the stock is owned by corporate insiders.
Trending Headlines about Sprouts Farmers Market
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: Q1 EPS beat estimates: Sprouts reported $1.71 EPS vs. the $1.67 consensus, helping sentiment despite a year-ago EPS of $1.81. Read More.
- Positive Sentiment: Investor endorsement from a known value investor: Michael Burry increased his SFM stake to ~3%, which can attract attention and signal long-term conviction to other investors. Read More.
- Positive Sentiment: Retail partnership/assortment expansion: Manitoba Harvest launched an exclusive product line sold nationwide at Sprouts, supporting private-label/assortment narrative and traffic initiatives. Read More.
- Neutral Sentiment: Revenue roughly in-line: Q1 revenue was $2.33B, essentially matching estimates and up ~4.1% year-over-year — steady top-line growth but not a breakout. Read More.
- Neutral Sentiment: Profitability metrics look solid: Q1 net margin ~5.95% and ROE ~38.2%, indicating efficient capital use even as comps are mixed. Read More.
- Negative Sentiment: Cautious FY and Q2 guidance: Management set FY?2026 EPS at $5.32–$5.48 (consensus ~$5.52) and Q2 EPS at $1.32–$1.36 (consensus ~$1.36); revenue guidance of $9.2–$9.4B trails the ~$9.5B consensus — guidance shortfalls limit upside. Read More.
- Negative Sentiment: EPS down YoY: While beating estimates, Q1 EPS of $1.71 declined from $1.81 a year earlier, a reminder of margin/traffic pressures that could concern some investors. Read More.
Sprouts Farmers Market 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.
Recommended Stories
Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report).
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.
