Prosperitas Financial LLC Has $3.23 Million Position in Sprouts Farmers Market, Inc. $SFM

Prosperitas Financial LLC increased its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 316.5% in the 4th quarter, Holdings Channel reports. The firm owned 40,559 shares of the company’s stock after purchasing an additional 30,820 shares during the period. Prosperitas Financial LLC’s holdings in Sprouts Farmers Market were worth $3,231,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SFM. Root Financial Partners LLC acquired a new stake in Sprouts Farmers Market in the 3rd quarter worth approximately $26,000. Sound Income Strategies LLC acquired a new stake in Sprouts Farmers Market in the 4th quarter worth approximately $27,000. Newbridge Financial Services Group Inc. acquired a new stake in Sprouts Farmers Market in the 2nd quarter worth approximately $29,000. Smartleaf Asset Management LLC lifted its holdings in Sprouts Farmers Market by 98.6% in the 3rd 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. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Sprouts Farmers Market in the 3rd quarter worth approximately $33,000.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wells Fargo & Company reduced their target price on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, February 20th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. The Goldman Sachs Group set a $111.00 price target on Sprouts Farmers Market in a research report on Friday, February 20th. Finally, Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a research report on Monday, April 6th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Sprouts Farmers Market currently has a consensus rating of “Hold” and a consensus price target of $96.08.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ SFM opened at $81.58 on Tuesday. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average is $77.16 and its two-hundred day moving average is $78.38. The company has a market cap of $7.67 billion, a P/E ratio of 15.69, a P/E/G ratio of 1.75 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping 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 company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the business posted $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 expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In other news, insider Timmi Zalatoris sold 426 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $78.52, for a total transaction of $33,449.52. Following the sale, the insider directly owned 13,045 shares in the company, valued at approximately $1,024,293.40. The trade was a 3.16% 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, SVP Kim Coffin sold 313 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $83.97, for a total value of $26,282.61. Following the sale, the senior vice president owned 23,332 shares in the company, valued at approximately $1,959,188.04. This represents a 1.32% decrease in their ownership of the stock. 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 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

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.