Teacher Retirement System of Texas Buys 32,635 Shares of Sprouts Farmers Market, Inc. $SFM

Teacher Retirement System of Texas increased its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 89.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,062 shares of the company’s stock after purchasing an additional 32,635 shares during the period. Teacher Retirement System of Texas’ holdings in Sprouts Farmers Market were worth $7,514,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC grew its position in shares of Sprouts Farmers Market by 0.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 10,355 shares of the company’s stock worth $1,691,000 after buying an additional 65 shares during the period. Rossby Financial LCC raised its position in shares of Sprouts Farmers Market by 2.3% in the 2nd quarter. Rossby Financial LCC now owns 3,059 shares of the company’s stock valued at $504,000 after acquiring an additional 68 shares during the period. J.W. Cole Advisors Inc. grew its holdings in Sprouts Farmers Market by 0.8% during the second quarter. J.W. Cole Advisors Inc. now owns 9,069 shares of the company’s stock valued at $1,493,000 after purchasing an additional 69 shares during the period. Alteri Wealth LLC boosted its position in shares of Sprouts Farmers Market by 1.0% during the second quarter. Alteri Wealth LLC now owns 7,627 shares of the company’s stock worth $1,256,000 after purchasing an additional 72 shares in the last quarter. Finally, Bessemer Group Inc. raised its stake in Sprouts Farmers Market by 2.2% during the 2nd quarter. Bessemer Group Inc. now owns 3,335 shares of the company’s stock worth $549,000 after buying an additional 73 shares during the period.

Insiders Place Their Bets

In related news, insider John Scott Neal sold 17,471 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the completion of the transaction, the insider owned 14,178 shares in the company, valued at approximately $1,207,965.60. This represents a 55.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Alisa Gmelich sold 3,161 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.39, for a total transaction of $250,951.79. Following the completion of the transaction, the chief marketing officer directly owned 5,552 shares of the company’s stock, valued at approximately $440,773.28. This trade represents a 36.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

SFM has been the subject of a number of research analyst reports. UBS Group set a $108.00 target price on Sprouts Farmers Market in a research note on Thursday, October 30th. Zacks Research upgraded Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Roth Mkm reissued a “neutral” rating and set a $91.00 target price on shares of Sprouts Farmers Market in a research note on Thursday, October 30th. Wall Street Zen downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Sunday, December 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, December 29th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Moderate Buy” and an average price target of $129.38.

Get Our Latest Stock Analysis on SFM

Sprouts Farmers Market Stock Up 1.3%

NASDAQ:SFM opened at $71.44 on Monday. The stock has a 50-day simple moving average of $80.09 and a 200 day simple moving average of $110.58. Sprouts Farmers Market, Inc. has a 52-week low of $69.31 and a 52-week high of $182.00. The company has a market cap of $6.96 billion, a PE ratio of 13.82, a PEG ratio of 0.71 and a beta of 0.73. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 1.05.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its earnings results on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.23 billion. During the same quarter in the previous year, the business posted $0.91 EPS. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. 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. On average, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

More Sprouts Farmers Market News

Here are the key news stories impacting Sprouts Farmers Market this week:

Sprouts Farmers Market Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report).

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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