Deutsche Bank AG Buys New Stake in Sprouts Farmers Market, Inc. $SFM

Deutsche Bank AG bought a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, HoldingsChannel reports. The fund bought 259,110 shares of the company’s stock, valued at approximately $21,916,000.

Several other hedge funds also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter worth about $161,398,000. Swedbank AB purchased a new stake in shares of Sprouts Farmers Market in the first quarter valued at $121,906,000. Bank of America Corp DE grew its position in shares of Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after purchasing an additional 1,494,014 shares during the period. Voloridge Investment Management LLC increased its stake in Sprouts Farmers Market by 652.7% in the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after purchasing an additional 1,223,753 shares during the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in Sprouts Farmers Market in the fourth quarter valued at $81,557,000.

Insiders Place Their Bets

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the sale, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph D. O’leary sold 2,597 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares of the company’s stock, valued at $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 58,289 shares of company stock worth $4,991,405 in the last 90 days. 1.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $84.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a report on Friday, July 31st. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $91.58.

Sprouts Farmers Market Stock Up 3.4%

Shares of NASDAQ SFM opened at $81.08 on Friday. The stock has a fifty day moving average price of $81.59 and a 200 day moving average price of $78.99. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $149.66. The company has a market cap of $7.56 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.94 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last issued 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. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the firm posted $1.35 earnings per share. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. 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. Research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

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.