Trek Financial LLC Grows Stock Position in Sprouts Farmers Market, Inc. $SFM

Trek Financial LLC boosted its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 48.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,761 shares of the company’s stock after purchasing an additional 21,095 shares during the quarter. Trek Financial LLC owned approximately 0.07% of Sprouts Farmers Market worth $7,046,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SFM. Y Intercept Hong Kong Ltd lifted its stake in Sprouts Farmers Market by 249.3% in the third quarter. Y Intercept Hong Kong Ltd now owns 178,220 shares of the company’s stock worth $19,390,000 after acquiring an additional 127,191 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Sprouts Farmers Market by 96.7% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,897 shares of the company’s stock valued at $968,000 after buying an additional 4,374 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Sprouts Farmers Market by 89.6% during the 3rd quarter. Teacher Retirement System of Texas now owns 69,062 shares of the company’s stock worth $7,514,000 after buying an additional 32,635 shares during the last quarter. Northstar Asset Management Inc. boosted its position in shares of Sprouts Farmers Market by 4.4% during the 3rd quarter. Northstar Asset Management Inc. now owns 41,419 shares of the company’s stock worth $4,506,000 after acquiring an additional 1,751 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of Sprouts Farmers Market by 1.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company’s stock valued at $1,117,000 after acquiring an additional 102 shares during the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CMO Alisa Gmelich sold 3,161 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total value of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares of the company’s stock, valued at $440,773.28. This represents a 36.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Scott Neal sold 17,471 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $85.20, for a total value of $1,488,529.20. Following the completion of the transaction, the insider owned 14,178 shares in the company, valued at $1,207,965.60. This represents a 55.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SFM has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective on the stock. in a report on Thursday, January 8th. UBS Group set a $108.00 price target on Sprouts Farmers Market in a research note on Thursday, October 30th. JPMorgan Chase & Co. lowered their target price on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Finally, Roth Mkm reaffirmed a “neutral” rating and issued a $91.00 target price on shares of Sprouts Farmers Market in a report on Thursday, October 30th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and a consensus target price of $129.38.

Get Our Latest Stock Analysis on Sprouts Farmers Market

Key Sprouts Farmers Market News

Here are the key news stories impacting Sprouts Farmers Market this week:

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock traded up $0.89 during mid-day trading on Friday, hitting $71.44. 2,563,185 shares of the company were exchanged, compared to its average volume of 2,484,359. The company has a market capitalization of $6.96 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.70 and a beta of 0.73. The business has a fifty day moving average of $80.09 and a 200 day moving average of $111.25. Sprouts Farmers Market, Inc. has a 1-year low of $69.31 and a 1-year high of $182.00. The company has a quick ratio of 0.53, a current ratio of 1.05 and a debt-to-equity ratio of 0.04.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last announced its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter last year, the company posted $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. As a group, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market 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.

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

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