BNP Paribas Financial Markets lowered its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 17.1% during the 4th quarter, Holdings Channel reports. The fund owned 244,476 shares of the company’s stock after selling 50,254 shares during the period. BNP Paribas Financial Markets’ holdings in Sprouts Farmers Market were worth $19,477,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Private Client Wealth LLC increased its position in shares of Sprouts Farmers Market by 1,309.1% during the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after acquiring an additional 288 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Sprouts Farmers Market during the fourth quarter valued at $27,000. Newbridge Financial Services Group Inc. bought a new stake in Sprouts Farmers Market during the second quarter valued at $29,000. Clearstead Advisors LLC boosted its stake in Sprouts Farmers Market by 72.7% during the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after buying an additional 160 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after purchasing an additional 141 shares during the last quarter.
Insider Activity at Sprouts Farmers Market
In other Sprouts Farmers Market news, insider Timmi Zalatoris sold 9,820 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $83.93, for a total value of $824,192.60. Following the completion of the transaction, the insider owned 14,367 shares in the company, valued at approximately $1,205,822.31. This represents a 40.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider David Mcglinchey sold 4,872 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $80.82, for a total transaction of $393,755.04. Following the completion of the transaction, the insider owned 48,737 shares of the company’s stock, valued at approximately $3,938,924.34. This trade represents a 9.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 130,156 shares of company stock valued at $10,600,146 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.
Sprouts Farmers Market Price Performance
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the firm posted $1.81 earnings per share. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. Analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have recently weighed in on SFM. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. 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. Roth Mkm reissued a “neutral” rating and set a $74.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Finally, Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. 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 stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $96.08.
Check Out Our Latest Report on Sprouts Farmers Market
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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