Green Alpha Advisors LLC Sells 9,455 Shares of Sprouts Farmers Market, Inc. $SFM

Green Alpha Advisors LLC lowered its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 38.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,929 shares of the company’s stock after selling 9,455 shares during the quarter. Sprouts Farmers Market comprises about 1.6% of Green Alpha Advisors LLC’s holdings, making the stock its 22nd biggest position. Green Alpha Advisors LLC’s holdings in Sprouts Farmers Market were worth $1,624,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Elevate Capital Advisors LLC bought a new position in shares of Sprouts Farmers Market during the second quarter worth $2,227,000. NewSquare Capital LLC lifted its stake in Sprouts Farmers Market by 83,859.0% in the 2nd quarter. NewSquare Capital LLC now owns 32,744 shares of the company’s stock worth $5,391,000 after purchasing an additional 32,705 shares in the last quarter. AMF Tjanstepension AB purchased a new stake in Sprouts Farmers Market in the 2nd quarter worth $1,580,000. Silver Oak Securities Incorporated purchased a new position in shares of Sprouts Farmers Market during the second quarter valued at about $727,000. Finally, Los Angeles Capital Management LLC increased its holdings in shares of Sprouts Farmers Market by 509.9% in the second quarter. Los Angeles Capital Management LLC now owns 232,390 shares of the company’s stock worth $38,261,000 after purchasing an additional 194,289 shares during the last quarter.

Insider Transactions at Sprouts Farmers Market

In related news, insider Dustin Hamilton sold 868 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $108.50, for a total value of $94,178.00. Following the transaction, the insider owned 15,481 shares in the company, valued at approximately $1,679,688.50. This represents a 5.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $103.00, for a total transaction of $416,635.00. Following the completion of the sale, the chief executive officer directly owned 174,740 shares in the company, valued at $17,998,220. This trade represents a 2.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 25,545 shares of company stock worth $2,250,294 in the last ninety days. Corporate insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Price Performance

Shares of SFM stock opened at $78.12 on Wednesday. The company’s 50-day simple moving average is $87.48 and its two-hundred day simple moving average is $124.27. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.05 and a quick ratio of 0.53. Sprouts Farmers Market, Inc. has a one year low of $75.75 and a one year high of $182.00. The company has a market capitalization of $7.61 billion, a P/E ratio of 15.11, a P/E/G ratio of 0.92 and a beta of 0.70.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same period in the previous year, the company posted $0.91 EPS. Sprouts Farmers Market’s revenue was up 13.1% on a year-over-year basis. 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, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on SFM shares. BMO Capital Markets set a $90.00 price target on Sprouts Farmers Market in a report on Thursday, October 30th. UBS Group set a $108.00 target price on shares of Sprouts Farmers Market in a report on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday. JPMorgan Chase & Co. lowered their price objective on Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada cut their target price on Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $137.86.

Sprouts Farmers Market Company 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.