J. Derek Lewis & Associates Inc. purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the first quarter, HoldingsChannel.com reports. The firm purchased 7,850 shares of the company’s stock, valued at approximately $605,000.
Other hedge funds have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Sprouts Farmers Market during the fourth quarter worth approximately $161,398,000. Swedbank AB bought a new stake in Sprouts Farmers Market in the first quarter worth approximately $121,906,000. Bank of America Corp DE lifted its stake 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 buying an additional 1,494,014 shares during the period. Voloridge Investment Management LLC grew its position in shares of 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 worth $153,544,000 after buying an additional 1,223,753 shares during the period. Finally, Champlain Investment Partners LLC acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter worth approximately $81,557,000.
Trending Headlines about Sprouts Farmers Market
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: SFM reported second-quarter earnings of $1.37 per share, above the $1.35 analyst consensus, while revenue rose 4.7% year over year to $2.33 billion, slightly exceeding estimates. New-store growth, e-commerce and private-label sales helped offset weaker comparable-store performance. Sprouts Farmers Tops Q2 Earnings Estimates
- Positive Sentiment: JPMorgan upgraded Sprouts from “neutral” to “overweight” and raised its price target from $80 to $103, signaling greater confidence in the company’s growth outlook and potential for further appreciation. JPMorgan Upgrade Report
- Positive Sentiment: Investor interest is also benefiting from broader strength in natural-food retailers as consumers prioritize health, wellness and convenient cleaner-label products. Natural Foods Stocks Gain
- Neutral Sentiment: Unusually high put-option activity was recorded, with 3,951 puts purchased versus typical daily volume of 2,951. This may reflect hedging or increased downside speculation, but it does not establish a definitive directional signal.
- Negative Sentiment: Management’s outlook fell short of Wall Street expectations. Third-quarter EPS guidance of $1.20–$1.24 compares with a $1.30 consensus, while full-year EPS guidance of $5.32–$5.40 and revenue guidance of $9.3–$9.4 billion are below estimates near $5.55 and $9.5 billion, respectively. Soft comparable-store sales add to the concern. Sprouts 2026 Earnings Outlook
Analysts Set New Price Targets
Read Our Latest Stock Analysis on Sprouts Farmers Market
Sprouts Farmers Market Stock Performance
NASDAQ SFM opened at $86.85 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 company has a fifty day simple moving average of $81.79 and a 200 day simple moving average of $78.02. The company has a market cap of $8.17 billion, a P/E ratio of 16.64, a PEG ratio of 2.09 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $160.49.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted its 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. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 35.31%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.35 EPS. 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. Sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 10,790 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.04, for a total value of $885,211.60. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,149,159.20. The trade was a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,904 shares of company stock worth $3,840,572 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.
Sprouts Farmers Market Company 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.
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