Bleakley Financial Group LLC Takes Position in Sprouts Farmers Market, Inc. $SFM

Bleakley Financial Group LLC bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 1st quarter, Holdings Channel reports. The institutional investor bought 17,247 shares of the company’s stock, valued at approximately $1,330,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. acquired a new position in Sprouts Farmers Market in the 2nd quarter worth about $29,000. TD Private Client Wealth LLC increased its stake in shares of Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after buying an additional 288 shares during the period. Sound Income Strategies LLC acquired a new position in shares of Sprouts Farmers Market in the fourth quarter valued at approximately $27,000. Clearstead Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 72.7% during the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the period. Finally, FWL Investment Management LLC increased its stake in shares of Sprouts Farmers Market by 72.5% in the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock valued at $46,000 after buying an additional 179 shares during the period.

Insider Buying and Selling

In other news, insider Brandon F. Lombardi sold 406 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the sale, the insider owned 6,801 shares in the company, valued at $557,954.04. This trade represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total transaction of $915,577.56. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,913,202.60. This trade represents a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 45,310 shares of company stock worth $3,873,881. Insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Stock Up 2.9%

SFM stock opened at $75.78 on Friday. The stock’s fifty day simple moving average is $83.57 and its two-hundred day simple moving average is $78.13. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $170.49. The stock has a market cap of $7.13 billion, a P/E ratio of 14.57, a P/E/G ratio of 1.56 and a beta of 0.67.

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

Analyst Ratings Changes

A number of research firms have commented on SFM. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a report on Monday, April 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. increased their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $96.08.

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.