Vise Technologies Inc. acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,662 shares of the company’s stock, valued at approximately $648,000.
Several other institutional investors and hedge funds have also modified their holdings of SFM. Aurora Investment Counsel acquired a new stake in Sprouts Farmers Market during the second quarter worth approximately $2,226,000. Johnson Financial Group Inc. acquired a new position in Sprouts Farmers Market in the 2nd quarter valued at $187,000. Tocqueville Asset Management L.P. acquired a new position in Sprouts Farmers Market in the 2nd quarter valued at $722,000. Great Lakes Advisors LLC purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $426,000. Finally, Foster & Motley Inc. purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $805,000.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on SFM shares. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $80.00 to $103.00 in a research report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Finally, UBS Group lifted their price target on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Seven research 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, Sprouts Farmers Market currently has an average rating of “Hold” and an average price target of $91.58.
Sprouts Farmers Market Price Performance
Shares of SFM opened at $81.08 on Monday. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $149.66. The company’s fifty day moving average is $81.59 and its two-hundred day moving average is $79.06. The firm has a market cap of $7.56 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 2.01 and a beta of 0.68. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.35 EPS. 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. Analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current year.
Insider Buying and Selling at Sprouts Farmers Market
In other news, Director Joseph D. O’leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the transaction, 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. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the sale, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. The trade was a 15.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 58,289 shares of company stock valued at $4,991,405. Company insiders own 1.30% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Sprouts Farmers Market
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
- 3 Closed-End Funds to Maximize Dividend Payments
- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.
