Sprouts Farmers Market, Inc. $SFM Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC raised its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 11.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 143,842 shares of the company’s stock after purchasing an additional 14,921 shares during the period. Moran Wealth Management LLC’s holdings in Sprouts Farmers Market were worth $11,094,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market in the second quarter worth about $29,000. TD Private Client Wealth LLC boosted its holdings in 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 purchasing an additional 288 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in Sprouts Farmers Market during the 4th quarter valued at approximately $27,000. Clearstead Advisors LLC grew its stake in Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares in the last quarter. Finally, FWL Investment Management LLC increased its holdings in Sprouts Farmers Market by 72.5% during the 3rd quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock worth $46,000 after purchasing an additional 179 shares during the last quarter.

Analyst Ratings Changes

SFM has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their target price on Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Melius Research lowered 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 research note on Monday, April 6th. Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Hold” and a consensus price target of $96.08.

Insider Buying and Selling

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the sale, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction on 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 directly owned 6,801 shares in the company, valued at $557,954.04. This trade represents a 5.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 34,522 shares of company stock worth $2,958,303 over the last ninety days. 1.30% of the stock is owned by insiders.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock opened at $89.94 on Friday. The business has a 50-day moving average price of $83.01 and a 200 day moving average price of $78.19. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $171.15. The firm has a market cap of $8.46 billion, a P/E ratio of 17.30, a P/E/G ratio of 1.90 and a beta of 0.67. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The company 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%.Sprouts Farmers Market’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business 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. On average, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

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.