23,106 Shares in Sprouts Farmers Market, Inc. $SFM Bought by OP Asset Management Ltd

OP Asset Management Ltd purchased a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the first quarter, HoldingsChannel reports. The fund purchased 23,106 shares of the company’s stock, valued at approximately $1,782,000.

Other institutional investors have also bought and sold shares of the company. MML Investors Services LLC increased its holdings in shares of Sprouts Farmers Market by 0.6% in the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after acquiring an additional 139 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter. NorthCrest Asset Manangement LLC grew its position in Sprouts Farmers Market by 1.8% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 8,943 shares of the company’s stock worth $715,000 after acquiring an additional 162 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in Sprouts Farmers Market by 4.3% during the fourth quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock worth $327,000 after acquiring an additional 171 shares during the last quarter.

Sprouts Farmers Market Price Performance

Shares of NASDAQ:SFM opened at $82.14 on Monday. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $171.15. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The firm has a market capitalization of $7.72 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 1.74 and a beta of 0.67. The business has a 50 day simple moving average of $81.79 and a two-hundred day simple moving average of $77.97.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.Sprouts Farmers Market’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.81 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, equities analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Insider Activity

In other news, COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $86.92, for a total transaction of $937,692.96. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at $23,466,661.60. This represents a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 34,522 shares of company stock valued at $2,958,303. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective on Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a report on Monday, April 6th. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday. Finally, Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of “Hold” and a consensus price target of $96.08.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.