Vise Technologies Inc. Takes Position in Sprouts Farmers Market, Inc. $SFM

Vise Technologies Inc. purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, HoldingsChannel reports. The institutional investor purchased 7,662 shares of the company’s stock, valued at approximately $648,000.

Several other hedge funds also recently added to or reduced their stakes in SFM. BlackRock Inc. acquired a new stake in Sprouts Farmers Market in the second quarter valued at approximately $768,171,000. Norges Bank acquired a new position in shares of Sprouts Farmers Market during the fourth quarter worth $161,398,000. Swedbank AB acquired a new position in shares of Sprouts Farmers Market during the first quarter worth $121,906,000. Bank of America Corp DE boosted its stake in shares of Sprouts Farmers Market by 137.0% in 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 purchasing an additional 1,494,014 shares during the period. Finally, Voloridge Investment Management LLC boosted its stake in shares of Sprouts Farmers Market by 652.7% in the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after purchasing an additional 1,223,753 shares during the period.

Sprouts Farmers Market Price Performance

Shares of SFM opened at $81.08 on Monday. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $149.66. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 2.01 and a beta of 0.68. The stock has a 50 day moving average of $81.59 and a 200-day moving average of $79.06.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. The firm had revenue of $2.33 billion for 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%. Sprouts Farmers Market’s quarterly revenue 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. As a group, analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction on Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $22,149,159.20. The trade was a 3.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares of the company’s stock, valued at $1,214,604.70. The trade was a 15.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 58,289 shares of company stock worth $4,991,405. Company insiders own 1.30% of the company’s stock.

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.