Foster & Motley Inc. Makes New $805,000 Investment in Sprouts Farmers Market, Inc. $SFM

Foster & Motley Inc. acquired a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,517 shares of the company’s stock, valued at approximately $805,000.

Several other large investors have also made changes to their positions in the business. Newbridge Financial Services Group Inc. purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $29,000. TD Private Client Wealth LLC lifted its stake in Sprouts Farmers Market by 1,309.1% during the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Sprouts Farmers Market in the first quarter valued at approximately $25,000. Bell Investment Advisors Inc purchased a new position in Sprouts Farmers Market in the 2nd quarter valued at approximately $29,000. Finally, Clearstead Advisors LLC raised its position in 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 purchasing an additional 160 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SFM. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. UBS Group upped their price objective on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Finally, Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday, July 27th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $91.58.

Read Our Latest Stock Report on Sprouts Farmers Market

Insiders Place Their Bets

In other news, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was 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 $5,811,860.10. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the transaction, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. 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. In the last 90 days, insiders sold 58,289 shares of company stock valued at $4,991,405. Company insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Price Performance

SFM opened at $79.33 on Thursday. The stock has a fifty day moving average price of $81.89 and a 200 day moving average price of $78.92. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $152.25. The stock has a market cap of $7.40 billion, a price-to-earnings ratio of 15.20, a PEG ratio of 1.95 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last announced 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. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.35 earnings per share. 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. Analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Sprouts Farmers Market Company Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.