Y Intercept Hong Kong Ltd Trims Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Y Intercept Hong Kong Ltd lowered its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 93.2% in the first quarter, HoldingsChannel.com reports. The fund owned 9,946 shares of the company’s stock after selling 137,287 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Sprouts Farmers Market were worth $767,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in SFM. Focus Partners Wealth acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth about $400,000. Baird Financial Group Inc. boosted its position in Sprouts Farmers Market by 77.7% in the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after buying an additional 1,534 shares during the last quarter. Cerity Partners LLC increased its holdings in Sprouts Farmers Market by 13.1% in the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after buying an additional 2,609 shares during the period. Daiwa Securities Group Inc. increased its holdings in Sprouts Farmers Market by 12.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after buying an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC raised its position in Sprouts Farmers Market by 64.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after buying an additional 4,492 shares during the last quarter.

Analysts Set New Price Targets

Several brokerages have commented on SFM. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research note on Monday, April 6th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective 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. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upped their price target 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. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $96.08.

Sprouts Farmers Market Price Performance

Shares of SFM stock opened at $80.86 on Monday. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $171.15. The stock has a market cap of $7.60 billion, a P/E ratio of 15.55, a P/E/G ratio of 1.71 and a beta of 0.67. The stock has a 50 day moving average of $84.07 and a 200 day moving average of $78.25. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Insider Buying and Selling

In other news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total transaction of $915,577.56. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,913,202.60. This represents a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction dated 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 approximately $557,954.04. The trade was a 5.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 45,310 shares of company stock valued at $3,873,881. Corporate insiders own 1.30% of the company’s stock.

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.