HORAN Wealth LLC acquired a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 50,328 shares of the company’s stock, valued at approximately $3,882,000.
Other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at about $161,398,000. Swedbank AB acquired a new position in Sprouts Farmers Market in the first quarter worth approximately $121,906,000. Bank of America Corp DE raised its position in Sprouts Farmers Market by 137.0% during the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after acquiring an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC raised its position in Sprouts Farmers Market by 652.7% during the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after acquiring an additional 1,223,753 shares in the last quarter. Finally, Champlain Investment Partners LLC bought a new position in Sprouts Farmers Market during the fourth quarter valued at approximately $81,557,000.
Wall Street Analyst Weigh In
Several analysts have commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a report on Monday, April 6th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Sprouts Farmers Market currently has an average rating of “Hold” and an average price target of $96.08.
Sprouts Farmers Market Stock Performance
NASDAQ:SFM opened at $74.61 on Tuesday. The firm has a market capitalization of $7.02 billion, a PE ratio of 14.35, a PEG ratio of 1.60 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $168.10. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The firm’s fifty day simple moving average is $83.43 and its 200 day simple moving average is $78.08.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business posted $1.81 earnings per share. 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, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.
Insider Activity at Sprouts Farmers Market
In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total value of $33,308.24. Following the sale, the insider owned 6,801 shares of the company’s stock, valued at $557,954.04. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total value of $915,577.56. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $22,913,202.60. This represents a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,310 shares of company stock worth $3,873,881 in the last 90 days. 1.30% of the stock is owned by company insiders.
Sprouts Farmers Market Profile
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.
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