Lindenwold Advisors INC Has $830,000 Stock Position in Sprouts Farmers Market, Inc. $SFM

Lindenwold Advisors INC lowered its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 14.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,039 shares of the company’s stock after selling 840 shares during the period. Lindenwold Advisors INC’s holdings in Sprouts Farmers Market were worth $830,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SFM. Dogwood Wealth Management LLC acquired a new position in Sprouts Farmers Market in the 1st quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in Sprouts Farmers Market during the first quarter worth approximately $35,000. SVB Wealth LLC bought a new position in Sprouts Farmers Market in the first quarter worth approximately $36,000. Brooklyn Investment Group boosted its holdings in Sprouts Farmers Market by 12,100.0% in the first quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock worth $37,000 after acquiring an additional 242 shares in the last quarter. Finally, Global Trust Asset Management LLC boosted its holdings in Sprouts Farmers Market by 520.8% in the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock worth $49,000 after acquiring an additional 250 shares in the last quarter.

Insider Buying and Selling

In other Sprouts Farmers Market news, CTO James H. Bahrenburg sold 4,292 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $137.06, for a total transaction of $588,261.52. Following the completion of the transaction, the chief technology officer owned 9,167 shares of the company’s stock, valued at $1,256,429.02. This represents a 31.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $103.00, for a total value of $416,635.00. Following the transaction, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at $17,998,220. The trade was a 2.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,561 shares of company stock worth $5,257,184 in the last 90 days. 1.10% of the stock is currently owned by company insiders.

Sprouts Farmers Market Price Performance

NASDAQ:SFM opened at $102.74 on Friday. The business has a 50 day moving average of $131.37 and a 200 day moving average of $151.46. The company has a market capitalization of $10.04 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 1.17 and a beta of 0.77. Sprouts Farmers Market, Inc. has a 1-year low of $98.75 and a 1-year high of $182.00.

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

Sprouts Farmers Market declared that its board has approved a share repurchase plan on Tuesday, August 19th that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on SFM shares. Evercore ISI dropped their target price on Sprouts Farmers Market from $190.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, October 3rd. Jefferies Financial Group upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Friday, August 1st. Barclays upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $173.00 to $185.00 in a research note on Thursday, July 31st. UBS Group set a $180.00 price target on Sprouts Farmers Market in a research report on Thursday, July 31st. Finally, Wells Fargo & Company upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $175.00 to $180.00 in a research report on Tuesday, August 5th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.21.

Sprouts Farmers Market Profile

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.