Intech Investment Management LLC Has $25.34 Million Holdings in Sprouts Farmers Market, Inc. $SFM

Intech Investment Management LLC cut its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 10.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 165,993 shares of the company’s stock after selling 18,583 shares during the period. Intech Investment Management LLC owned about 0.17% of Sprouts Farmers Market worth $25,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SFM. Whipplewood Advisors LLC boosted its position in Sprouts Farmers Market by 92.0% in the 1st quarter. Whipplewood Advisors LLC now owns 192 shares of the company’s stock valued at $29,000 after buying an additional 92 shares during the last quarter. Dogwood Wealth Management LLC bought a new stake in Sprouts Farmers Market in the first quarter valued at about $30,000. Truvestments Capital LLC bought a new position in Sprouts Farmers Market during the first quarter worth about $35,000. SVB Wealth LLC bought a new position in Sprouts Farmers Market during the first quarter worth about $36,000. Finally, Brooklyn Investment Group raised its stake in shares of Sprouts Farmers Market by 12,100.0% in the 1st quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock valued at $37,000 after purchasing an additional 242 shares during the period.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Timmi Zalatoris sold 2,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $164.38, for a total transaction of $328,760.00. Following the sale, the insider owned 13,263 shares in the company, valued at $2,180,171.94. This represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph D. O’leary sold 2,937 shares of the business’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $150.07, for a total value of $440,755.59. Following the sale, the director owned 14,994 shares in the company, valued at approximately $2,250,149.58. The trade was a 16.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 39,083 shares of company stock valued at $6,002,515 in the last quarter. Insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Performance

SFM stock opened at $136.01 on Wednesday. The stock’s 50 day simple moving average is $152.58 and its 200 day simple moving average is $155.69. Sprouts Farmers Market, Inc. has a fifty-two week low of $98.56 and a fifty-two week high of $182.00. The company has a market cap of $13.29 billion, a P/E ratio of 27.99, a price-to-earnings-growth ratio of 1.57 and a beta of 0.86.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.23 by $0.12. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.16 billion. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The company’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Equities analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market announced that its Board of Directors has initiated a share buyback program on Tuesday, August 19th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barclays upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $173.00 to $185.00 in a report on Thursday, July 31st. UBS Group set a $180.00 target price on Sprouts Farmers Market in a research report on Thursday, July 31st. Wells Fargo & Company raised Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $175.00 to $180.00 in a research report on Tuesday, August 5th. Evercore ISI lowered their price objective on Sprouts Farmers Market from $195.00 to $190.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 12th. Finally, Jefferies Financial Group raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Sprouts Farmers Market has an average rating of “Moderate Buy” and a consensus target price of $173.73.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.