Wall Street Zen lowered shares of Sprouts Farmers Market (NASDAQ:SFM – Free Report) from a buy rating to a hold rating in a research report released on Saturday.
Other research analysts also recently issued research reports about the stock. 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 report on Wednesday, February 18th. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Tuesday, February 10th. Bank of America cut their price target on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday. Royal Bank Of Canada decreased their price objective on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating for the company in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 target price on the stock. in a report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $108.15.
Check Out Our Latest Research Report on SFM
Sprouts Farmers Market Stock Up 6.0%
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. The firm had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.79 earnings per share. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. As a group, sell-side analysts forecast that Sprouts Farmers Market will post 4.29 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider John Scott Neal sold 17,471 shares of Sprouts Farmers Market stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the sale, the insider directly owned 14,178 shares in the company, valued at approximately $1,207,965.60. This trade represents a 55.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CMO Alisa Gmelich sold 3,161 shares of the business’s stock in a transaction 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 completion of the transaction, the chief marketing officer directly owned 5,552 shares in the company, valued at approximately $440,773.28. This represents a 36.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.
Institutional Trading of Sprouts Farmers Market
A number of large investors have recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market during the 2nd quarter valued at approximately $29,000. Root Financial Partners LLC purchased a new position in Sprouts Farmers Market in the third quarter valued at approximately $26,000. Smartleaf Asset Management LLC grew its holdings in Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after purchasing an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in Sprouts Farmers Market during the third quarter valued at $33,000. Finally, TD Private Client Wealth LLC increased its position in Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after buying an additional 288 shares during the last quarter.
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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