Vinva Investment Management Ltd Takes Position in Sprouts Farmers Market, Inc. $SFM

Vinva Investment Management Ltd acquired a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,324 shares of the company’s stock, valued at approximately $383,000.

Other large investors also recently modified their holdings of the company. Unified Investment Management boosted its holdings in shares of Sprouts Farmers Market by 0.9% in the second quarter. Unified Investment Management now owns 7,326 shares of the company’s stock valued at $1,206,000 after buying an additional 65 shares during the period. Chicago Partners Investment Group LLC raised its position in Sprouts Farmers Market by 0.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 10,355 shares of the company’s stock valued at $1,691,000 after buying an additional 65 shares during the last quarter. Rossby Financial LCC lifted its stake in Sprouts Farmers Market by 2.3% in the 2nd quarter. Rossby Financial LCC now owns 3,059 shares of the company’s stock valued at $504,000 after acquiring an additional 68 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in Sprouts Farmers Market by 0.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 9,069 shares of the company’s stock worth $1,493,000 after acquiring an additional 69 shares during the last quarter. Finally, Alteri Wealth LLC boosted its position in Sprouts Farmers Market by 1.0% during the 2nd quarter. Alteri Wealth LLC now owns 7,627 shares of the company’s stock worth $1,256,000 after acquiring an additional 72 shares during the last quarter.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday. The Goldman Sachs Group reduced their price objective on shares of Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Zacks Research downgraded Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a research report on Friday, October 31st. Evercore ISI lowered their price target on Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating on the stock in a research report on Monday, October 27th. Finally, Roth Capital reissued a “neutral” rating and issued a $91.00 price objective on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $137.86.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CTO James H. Bahrenburg sold 4,292 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $137.06, for a total value of $588,261.52. Following the sale, the chief technology officer owned 9,167 shares of the company’s stock, valued at approximately $1,256,429.02. This trade represents a 31.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Dustin Hamilton sold 868 shares of Sprouts Farmers Market stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $108.50, for a total value of $94,178.00. Following the completion of the transaction, the insider owned 15,481 shares in the company, valued at approximately $1,679,688.50. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 20,796 shares of company stock valued at $2,708,643. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Up 1.1%

Shares of NASDAQ:SFM opened at $84.17 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $75.75 and a 12-month high of $182.00. The company’s 50 day moving average price is $96.53 and its two-hundred day moving average price is $134.74. The firm has a market cap of $8.20 billion, a PE ratio of 16.28, a PEG ratio of 1.18 and a beta of 0.72.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.83% and a net margin of 5.93%.The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.91 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS. Q4 2025 guidance at 0.860-0.900 EPS. On average, research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market announced that its Board of Directors has authorized a share repurchase plan on Tuesday, August 19th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

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.