11,591 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by Oak Thistle LLC

Oak Thistle LLC acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,591 shares of the company’s stock, valued at approximately $1,261,000.

A number of other hedge funds also recently made changes to their positions in SFM. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $29,000. Truvestments Capital LLC acquired a new stake in Sprouts Farmers Market during the 1st quarter valued at $35,000. SVB Wealth LLC bought a new position in Sprouts Farmers Market during the first quarter worth $36,000. Brooklyn Investment Group increased its holdings in shares of Sprouts Farmers Market by 12,100.0% in the first 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 last quarter. Finally, Global Trust Asset Management LLC raised its position in shares of Sprouts Farmers Market by 520.8% in the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock valued at $49,000 after purchasing an additional 250 shares during the period.

Sprouts Farmers Market Stock Down 1.0%

NASDAQ SFM opened at $80.15 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.53 and a debt-to-equity ratio of 0.04. The company has a market cap of $7.80 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 0.93 and a beta of 0.70. The company has a 50 day moving average of $89.09 and a 200-day moving average of $126.87. Sprouts Farmers Market, Inc. has a 1-year low of $75.75 and a 1-year high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The company’s revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, equities research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Royal Bank Of Canada reduced their target price on shares of Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. JPMorgan Chase & Co. reduced their price objective on Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. UBS Group set a $108.00 target price on Sprouts Farmers Market in a research report on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday. Finally, Barclays reduced their price target on Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.86.

Insider Buying and Selling

In related news, insider Dustin Hamilton sold 868 shares of the firm’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $108.50, for a total value of $94,178.00. Following the transaction, the insider owned 15,481 shares in the company, valued at approximately $1,679,688.50. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jack Sinclair sold 4,045 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $103.00, for a total value of $416,635.00. Following the completion of the transaction, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at approximately $17,998,220. This trade represents a 2.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,545 shares of company stock worth $2,250,294 over the last three months. Company insiders own 1.10% of the company’s stock.

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.