Mangrove Partners IM LLC Invests $777,000 in Sprouts Farmers Market, Inc. $SFM

Mangrove Partners IM LLC purchased a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 9,754 shares of the company’s stock, valued at approximately $777,000.

Other large investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market in the 2nd quarter worth $29,000. Smartleaf Asset Management LLC raised its position in shares of Sprouts Farmers Market by 98.6% in 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. TD Private Client Wealth LLC raised its position in shares of Sprouts Farmers Market by 1,309.1% in 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 shares of Sprouts Farmers Market in the 4th quarter worth $27,000. Finally, Clearstead Advisors LLC raised its position in shares of Sprouts Farmers Market by 72.7% in 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.

Sprouts Farmers Market Stock Down 2.1%

Shares of SFM stock opened at $83.61 on Wednesday. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $173.96. The stock’s fifty day moving average price is $80.87 and its 200 day moving average price is $78.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The company has a market cap of $7.86 billion, a price-to-earnings ratio of 16.08, a price-to-earnings-growth ratio of 1.81 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 for the quarter, beating the consensus estimate of $1.67 by $0.04. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. On average, research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SFM. JPMorgan Chase & Co. boosted their price target on Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a research note on Monday, April 6th. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Bank of America dropped their target price on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Friday, March 27th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $96.08.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $82.04, for a total transaction of $33,308.24. Following the sale, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. The trade was a 5.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $86.92, for a total value of $937,692.96. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $23,466,661.60. The trade was a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 42,205 shares of company stock worth $3,601,229. 1.30% of the stock is owned by corporate insiders.

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.