Aurora Investment Counsel bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 25,780 shares of the company’s stock, valued at approximately $2,054,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC grew its holdings in Sprouts Farmers Market by 1,309.1% during the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares in the last quarter. Sound Income Strategies LLC bought a new position in Sprouts Farmers Market during the 4th quarter worth about $27,000. Newbridge Financial Services Group Inc. bought a new position in Sprouts Farmers Market during the 2nd quarter worth about $29,000. Clearstead Advisors LLC grew 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 worth $30,000 after acquiring an additional 160 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew 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 worth $31,000 after acquiring an additional 141 shares in the last quarter.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a report on Monday, April 6th. Wells Fargo & Company dropped their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. The Goldman Sachs Group set a $111.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Finally, Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $96.08.
Sprouts Farmers Market Stock Down 2.0%
NASDAQ:SFM opened at $86.33 on Friday. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $173.96. The stock has a market capitalization of $8.12 billion, a P/E ratio of 16.60, a P/E/G ratio of 1.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. The company’s 50-day simple moving average is $80.59 and its 200-day simple moving average is $78.10.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the business earned $1.81 EPS. The company’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 analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.
Insider Transactions at Sprouts Farmers Market
In related news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the transaction, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Timmi Zalatoris sold 9,820 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $83.93, for a total transaction of $824,192.60. Following the completion of the transaction, the insider directly owned 14,367 shares of the company’s stock, valued at $1,205,822.31. The trade was a 40.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 161,276 shares of company stock worth $13,287,318 over the last ninety days. 1.30% of the stock is currently owned by insiders.
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.
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