South Shore Capital Advisors Acquires 10,378 Shares of Sprouts Farmers Market, Inc. $SFM

South Shore Capital Advisors bought a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,378 shares of the company’s stock, valued at approximately $689,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SFM. Signet Financial Management LLC acquired a new position in Sprouts Farmers Market in the 1st quarter worth about $2,938,000. Bank of America Corp DE acquired a new stake in shares of Sprouts Farmers Market during the 2nd quarter valued at about $93,790,000. Kornitzer Capital Management Inc. KS acquired a new stake in shares of Sprouts Farmers Market during the 1st quarter valued at about $3,738,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Sprouts Farmers Market in the 2nd quarter valued at approximately $131,310,000. Finally, Reinhart Partners LLC. grew its stake in shares of Sprouts Farmers Market by 33.1% in the 3rd quarter. Reinhart Partners LLC. now owns 82,839 shares of the company’s stock valued at $5,496,000 after buying an additional 20,581 shares in the last quarter.

Sprouts Farmers Market Stock Up 1.1%

Shares of SFM traded up $0.70 during trading hours on Tuesday, hitting $64.96. 893,420 shares of the company were exchanged, compared to its average volume of 2,333,557. The company has a market cap of $6.06 billion, a PE ratio of 12.44, a PEG ratio of 1.66 and a beta of 0.67. The firm’s 50 day moving average is $73.26 and its 200-day moving average is $78.27. Sprouts Farmers Market, Inc. has a 52 week low of $61.88 and a 52 week high of $111.83. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the prior year, the firm posted $1.35 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. 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. On average, equities research analysts forecast that Sprouts Farmers Market, Inc. will post 5.52 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $23,434,264. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph O’Leary sold 2,597 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the sale, the director directly owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 46,041 shares of company stock worth $3,460,383. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft dropped their price objective 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. Royal Bank Of Canada reduced their target price on shares of Sprouts Farmers Market from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, September 21st. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. cut their price target on shares of Sprouts Farmers Market from $103.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, October 6th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Sprouts Farmers Market currently has a consensus rating of “Hold” and an average price target of $88.92.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc (NASDAQ:SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.

Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.