Trek Financial LLC increased its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 96.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,936 shares of the company’s stock after acquiring an additional 62,175 shares during the quarter. Trek Financial LLC’s holdings in Sprouts Farmers Market were worth $10,113,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the business. Chicago Partners Investment Group LLC increased its holdings in shares of Sprouts Farmers Market by 1.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company’s stock valued at $1,117,000 after acquiring an additional 102 shares during the period. MML Investors Services LLC increased its holdings in shares of Sprouts Farmers Market by 0.6% in the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock valued at $3,340,000 after acquiring an additional 124 shares during the period. Global Retirement Partners LLC increased its holdings in shares of Sprouts Farmers Market by 15.9% in the 3rd quarter. Global Retirement Partners LLC now owns 963 shares of the company’s stock valued at $105,000 after acquiring an additional 132 shares during the period. Advisory Services Network LLC increased its holdings in shares of Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after acquiring an additional 139 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings 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 valued at $31,000 after acquiring an additional 141 shares during the period.
Analysts Set New Price Targets
A number of brokerages have recently commented on SFM. Wells Fargo & Company cut their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. JPMorgan Chase & Co. lifted their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Roth Mkm reiterated a “neutral” rating and issued a $74.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Barclays lowered their price objective on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Friday, March 27th. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $96.08.
Insider Activity 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 on Friday, May 1st. The shares were 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 approximately $557,954.04. The trade was a 5.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jack Sinclair sold 3,201 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $268,787.97. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at $22,670,220.60. The trade was a 1.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 130,156 shares of company stock worth $10,600,146. 1.30% of the stock is currently owned by insiders.
Sprouts Farmers Market Stock Performance
NASDAQ:SFM opened at $81.58 on Tuesday. The firm’s fifty day moving average price is $77.16 and its 200 day moving average price is $78.38. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $182.00. 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 firm has a market cap of $7.67 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period last year, the firm posted $1.81 EPS. Sprouts Farmers Market’s quarterly revenue was up 4.1% on a year-over-year basis. 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 expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current 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.
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