Prosperitas Financial LLC Takes $5.04 Million Position in Sprouts Farmers Market, Inc. $SFM

Prosperitas Financial LLC bought a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 59,534 shares of the company’s stock, valued at approximately $5,035,000. Sprouts Farmers Market comprises about 1.6% of Prosperitas Financial LLC’s investment portfolio, making the stock its 21st largest position. Prosperitas Financial LLC owned about 0.06% of Sprouts Farmers Market as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SFM. Newbridge Financial Services Group Inc. purchased a new stake in shares of Sprouts Farmers Market in the 2nd quarter worth $29,000. TD Private Client Wealth LLC lifted its position in Sprouts Farmers Market by 1,309.1% during the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after purchasing an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market during the first quarter valued at about $25,000. Bell Investment Advisors Inc bought a new stake in Sprouts Farmers Market during the second quarter valued at about $29,000. Finally, Clearstead Advisors LLC increased its position in 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 buying an additional 160 shares in the last quarter.

Sprouts Farmers Market Trading Up 0.5%

Sprouts Farmers Market stock opened at $81.46 on Friday. The stock has a market cap of $7.60 billion, a P/E ratio of 15.61, a PEG ratio of 2.01 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $141.78. The firm’s 50 day moving average price is $81.82 and its 200-day moving average price is $79.55.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. Sprouts Farmers Market’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.35 earnings per share. 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. On average, equities analysts predict that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total transaction of $936,398.40. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at $23,434,264. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have 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 currently owned by corporate insiders.

Analysts Set New Price Targets

SFM has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a research note on Friday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Finally, Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $91.58.

Sprouts Farmers Market 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.