Renaissance Technologies LLC Has $188 Million Holdings in Sprouts Farmers Market, Inc. $SFM

Renaissance Technologies LLC decreased its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 12.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,437,374 shares of the company’s stock after selling 342,500 shares during the quarter. Renaissance Technologies LLC’s holdings in Sprouts Farmers Market were worth $187,995,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. TD Private Client Wealth LLC lifted its holdings in Sprouts Farmers Market by 1,309.1% during the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after buying an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market in the first quarter valued at approximately $25,000. Sound Income Strategies LLC acquired a new stake in Sprouts Farmers Market during the 4th quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market in the 2nd quarter worth approximately $29,000. Finally, Clearstead Advisors LLC increased its position in shares of Sprouts Farmers Market by 72.7% during the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 160 shares during the period.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total value of $33,308.24. Following the transaction, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. This represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total value of $915,577.56. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,913,202.60. This trade represents a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,310 shares of company stock valued at $3,873,881 in the last three months. Corporate insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Trading Up 1.9%

NASDAQ:SFM opened at $74.89 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 1.94 and a beta of 0.67. The firm has a fifty day simple moving average of $82.42 and a two-hundred day simple moving average of $77.93. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $165.97.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $2.32 billion. During the same quarter in the prior year, the business earned $1.81 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. 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. Analysts expect that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on SFM shares. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. JPMorgan Chase & Co. lifted their price objective on Sprouts Farmers Market from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. UBS Group raised their target price on Sprouts Farmers Market from $75.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $96.62.

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.