Hsbc Holdings PLC Lowers Position in Sprouts Farmers Market, Inc. $SFM

Hsbc Holdings PLC decreased its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 87.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,217 shares of the company’s stock after selling 106,330 shares during the period. Hsbc Holdings PLC’s holdings in Sprouts Farmers Market were worth $1,217,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. TD Private Client Wealth LLC increased its holdings in 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 purchased a new position in Sprouts Farmers Market during the fourth quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market in the second quarter worth approximately $29,000. Clearstead Advisors LLC boosted its position in shares of Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in shares of Sprouts Farmers Market by 138.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 485 shares of the company’s stock worth $37,000 after purchasing an additional 282 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts have recently commented on SFM shares. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. JPMorgan Chase & Co. upped their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Finally, Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective on the stock. in a research report on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $96.08.

Insider Buying and Selling at Sprouts Farmers Market

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 completion of the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction on Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,149,159.20. The trade was a 3.84% decrease in their ownership of the stock. 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. Insiders sold 34,522 shares of company stock worth $2,958,303 over the last 90 days. 1.30% of the stock is owned by insiders.

Sprouts Farmers Market Price Performance

Shares of NASDAQ:SFM opened at $86.70 on Thursday. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 16.67, a P/E/G ratio of 1.79 and a beta of 0.67. The firm has a fifty day moving average price of $82.42 and a 200 day moving average price of $78.04. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $171.15. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM) last posted 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. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the business earned $1.81 earnings per share. The firm’s revenue for the quarter 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. As a group, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share 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.