Independent Advisor Alliance Trims Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Independent Advisor Alliance trimmed its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 85.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,216 shares of the company’s stock after selling 18,311 shares during the quarter. Independent Advisor Alliance’s holdings in Sprouts Farmers Market were worth $256,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of SFM. Root Financial Partners LLC purchased a new position in Sprouts Farmers Market in the 3rd quarter valued at approximately $26,000. Sound Income Strategies LLC purchased a new position in Sprouts Farmers Market in the 4th quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter valued at approximately $29,000. Smartleaf Asset Management LLC grew its stake in 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 buying an additional 141 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Sprouts Farmers Market in the 3rd quarter valued at approximately $33,000.

Insider Activity

In other news, insider David Mcglinchey sold 4,872 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $393,755.04. Following the completion of the transaction, the insider directly owned 48,737 shares in the company, valued at $3,938,924.34. The trade was a 9.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Timmi Zalatoris sold 9,820 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $83.93, for a total transaction of $824,192.60. Following the completion of the transaction, the insider owned 14,367 shares of the company’s stock, valued at $1,205,822.31. This trade represents a 40.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 130,156 shares of company stock worth $10,600,146. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

SFM has been the subject of a number of recent research reports. Wall Street Zen lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. The Goldman Sachs Group set a $111.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Melius Research lowered shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research note on Monday, April 6th. Barclays reduced their price target on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Finally, BMO Capital Markets restated a “market perform” rating and set a $70.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $96.08.

Sprouts Farmers Market Stock Up 3.4%

SFM opened at $88.39 on Tuesday. The company has a fifty day moving average price of $78.30 and a 200-day moving average price of $77.67. The firm has a market capitalization of $8.31 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 1.81 and a beta of 0.68. 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, Inc. has a one year low of $64.75 and a one year high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last released 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. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.81 EPS. 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. Equities research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

About Sprouts Farmers Market

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.