Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $79.38 and traded as low as $63.93. Sprouts Farmers Market shares last traded at $64.47, with a volume of 1,730,069 shares traded.
Analyst Ratings Changes
A number of research analysts have commented on the company. Evercore reiterated an “outperform” rating and issued a $95.00 price objective on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. UBS Group reissued a “neutral” rating on shares of Sprouts Farmers Market in a research note on Wednesday, September 23rd. Roth Capital set a $82.00 target price on Sprouts Farmers Market in a research report on Friday, July 31st. JPMorgan Chase & Co. raised Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price target for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating on the stock in a report on Friday, September 25th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprouts Farmers Market has a consensus rating of “Hold” and an average price target of $91.67.
Check Out Our Latest Research Report on Sprouts Farmers Market
Sprouts Farmers Market Trading Down 0.0%
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, analysts forecast that Sprouts Farmers Market, Inc. will post 5.53 EPS for the current year.
Insider Transactions at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $82.66, for a total transaction of $891,736.08. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $22,316,546.80. The trade was a 3.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 35,253 shares of company stock valued at $2,981,611 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of SFM. BlackRock Inc. bought a new stake in Sprouts Farmers Market in the second quarter valued at approximately $768,171,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Sprouts Farmers Market in the second quarter worth $131,310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Sprouts Farmers Market by 8.2% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,464,015 shares of the company’s stock worth $123,826,000 after purchasing an additional 111,574 shares in the last quarter. Swedbank AB bought a new position in shares of Sprouts Farmers Market during the first quarter worth $121,906,000. Finally, Bank of America Corp DE acquired a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at $93,790,000.
Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic products. Its stores offer fresh produce, meat and seafood, dairy, bakery and deli items, bulk foods, vitamins and supplements, packaged groceries, and a range of plant-based and health-oriented products.
Founded in 2002, Sprouts Farmers Market was developed around a farmers-market-inspired shopping experience, with an emphasis on value, fresh foods and products aligned with healthy lifestyles.
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