Insider Buying: Sprouts Farmers Market (NASDAQ:SFM) Director Acquires $100,700.00 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Director Kristen Blum bought 1,325 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was purchased at an average price of $76.00 per share, with a total value of $100,700.00. Following the completion of the transaction, the director directly owned 54,407 shares of the company’s stock, valued at $4,134,932. This trade represents a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ SFM opened at $82.06 on Friday. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $182.00. The firm has a market cap of $7.76 billion, a P/E ratio of 15.48, a PEG ratio of 1.70 and a beta of 0.76. The stock has a fifty day moving average price of $73.34 and a two-hundred day moving average price of $90.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.15 billion. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.79 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. Research analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Sprouts Farmers Market

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Sprouts Farmers Market by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock worth $789,802,000 after buying an additional 28,951 shares during the period. State Street Corp boosted its holdings in shares of Sprouts Farmers Market by 2.4% in the fourth quarter. State Street Corp now owns 3,115,029 shares of the company’s stock worth $248,174,000 after buying an additional 71,905 shares during the period. Bank of America Corp DE boosted its holdings 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 worth $425,582,000 after buying an additional 1,494,014 shares during the period. Nordea Investment Management AB increased its position in shares of Sprouts Farmers Market by 39.1% in the fourth quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock worth $186,647,000 after acquiring an additional 653,206 shares in the last quarter. Finally, Marshall Wace LLP increased its position in shares of Sprouts Farmers Market by 12.3% in the second quarter. Marshall Wace LLP now owns 2,314,665 shares of the company’s stock worth $381,086,000 after acquiring an additional 252,699 shares in the last quarter.

Analyst Ratings Changes

Several brokerages have commented on SFM. Bank of America cut their price target on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft cut shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective on the stock. in a research note on Thursday, January 8th. Barclays dropped their target price on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Wells Fargo & Company cut their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Finally, The Goldman Sachs Group set a $111.00 target price on shares of Sprouts Farmers Market in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Sprouts Farmers Market presently has an average rating of “Moderate Buy” and a consensus target price of $101.75.

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.