Vestcor Inc Decreases Stock Position in Sprouts Farmers Market, Inc. $SFM

Vestcor Inc lessened its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 61.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 35,752 shares of the company’s stock after selling 57,885 shares during the period. Vestcor Inc’s holdings in Sprouts Farmers Market were worth $2,848,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. MML Investors Services LLC raised its holdings in Sprouts Farmers Market by 0.6% during the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock valued at $3,340,000 after buying an additional 124 shares during the period. Advisory Services Network LLC raised its holdings in Sprouts Farmers Market by 1.0% during the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after buying an additional 139 shares during the period. Smartleaf Asset Management LLC raised its holdings in Sprouts Farmers Market by 98.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after buying an additional 141 shares during the period. Affinity Investment Advisors LLC raised its holdings in Sprouts Farmers Market by 8.0% during the 3rd quarter. Affinity Investment Advisors LLC now owns 2,157 shares of the company’s stock valued at $235,000 after buying an additional 160 shares during the period. Finally, Clearstead Advisors LLC raised its holdings in Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after buying an additional 160 shares during the period.

Insider Buying and Selling at Sprouts Farmers Market

In other news, insider David Mcglinchey sold 4,872 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $80.82, for a total transaction of $393,755.04. Following the transaction, the insider owned 48,737 shares of the company’s stock, valued at approximately $3,938,924.34. This represents a 9.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jack Sinclair sold 57,644 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $80.82, for a total value of $4,658,788.08. Following the transaction, the chief executive officer directly owned 277,935 shares in the company, valued at $22,462,706.70. The trade was a 17.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 130,156 shares of company stock worth $10,600,146. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

SFM has been the topic of several recent research reports. UBS Group decreased their price target on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. BMO Capital Markets restated a “market perform” rating and set a $70.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Barclays decreased their price target on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Finally, Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of “Hold” and a consensus target price of $96.08.

Sprouts Farmers Market Price Performance

SFM opened at $82.87 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $173.96. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The business’s fifty day simple moving average is $79.63 and its 200-day simple moving average is $77.92. The company has a market capitalization of $7.79 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 1.75 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the company earned $1.81 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. 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 research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Sprouts Farmers Market 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.