Y Intercept Hong Kong Ltd Purchases 127,191 Shares of Sprouts Farmers Market, Inc. $SFM

Y Intercept Hong Kong Ltd lifted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 249.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 178,220 shares of the company’s stock after purchasing an additional 127,191 shares during the period. Sprouts Farmers Market accounts for approximately 0.5% of Y Intercept Hong Kong Ltd’s portfolio, making the stock its 15th largest position. Y Intercept Hong Kong Ltd’s holdings in Sprouts Farmers Market were worth $19,390,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SFM. Newbridge Financial Services Group Inc. bought a new position in Sprouts Farmers Market during the 2nd quarter valued at approximately $29,000. Root Financial Partners LLC bought a new stake in shares of Sprouts Farmers Market in the 3rd quarter worth approximately $26,000. Global Trust Asset Management LLC increased its stake in shares of Sprouts Farmers Market by 520.8% during the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock valued at $49,000 after buying an additional 250 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Sprouts Farmers Market during the third quarter valued at approximately $33,000. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Sprouts Farmers Market by 60.5% during the second quarter. Cullen Frost Bankers Inc. now owns 419 shares of the company’s stock valued at $69,000 after acquiring an additional 158 shares in the last quarter.

Insider Transactions at Sprouts Farmers Market

In other news, CMO Alisa Gmelich sold 3,161 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.39, for a total value of $250,951.79. Following the sale, the chief marketing officer directly owned 5,552 shares of the company’s stock, valued at $440,773.28. The trade was a 36.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider John Scott Neal sold 17,471 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total value of $1,488,529.20. Following the transaction, the insider directly owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. This trade represents a 55.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SFM has been the topic of several recent analyst reports. Bank of America cut their price target on shares of Sprouts Farmers Market from $200.00 to $160.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Wells Fargo & Company dropped their target price on shares of Sprouts Farmers Market from $180.00 to $135.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Evercore ISI cut their target price on shares of Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating on the stock in a research note on Monday, October 27th. Wall Street Zen cut shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. Finally, Roth Mkm reissued a “neutral” rating and issued a $91.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, October 30th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.38.

Check Out Our Latest Report on Sprouts Farmers Market

Key Headlines Impacting Sprouts Farmers Market

Here are the key news stories impacting Sprouts Farmers Market this week:

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $71.44 on Friday. Sprouts Farmers Market, Inc. has a 12 month low of $69.31 and a 12 month high of $182.00. The firm has a market capitalization of $6.96 billion, a P/E ratio of 13.82, a P/E/G ratio of 0.70 and a beta of 0.73. The company has a current ratio of 1.05, a quick ratio of 0.53 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $80.09 and a two-hundred day simple moving average of $111.25.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The company’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, equities analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report).

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.