Maxi Investments CY Ltd Purchases New Stake in Sprouts Farmers Market, Inc. $SFM

Maxi Investments CY Ltd purchased a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,900 shares of the company’s stock, valued at approximately $550,000.

A number of other hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of Sprouts Farmers Market during the third quarter valued at about $26,000. Sound Income Strategies LLC purchased a new stake in shares of Sprouts Farmers Market during the fourth quarter worth about $27,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Sprouts Farmers Market in the second quarter worth about $29,000. Smartleaf Asset Management LLC increased its holdings in Sprouts Farmers Market by 98.6% during the 3rd 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. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Sprouts Farmers Market during the 3rd quarter valued at about $33,000.

Sprouts Farmers Market Stock Up 3.5%

Shares of NASDAQ:SFM opened at $81.03 on Friday. The firm has a market capitalization of $7.62 billion, a P/E ratio of 15.58, a P/E/G ratio of 1.65 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. The stock has a 50 day moving average price of $76.86 and a 200-day moving average price of $78.77. Sprouts Farmers Market, Inc. has a 52-week low of $64.75 and a 52-week high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. The company 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 firm’s revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 earnings per share. 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, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SFM shares. UBS Group dropped their price objective on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. The Goldman Sachs Group set a $111.00 price target on Sprouts Farmers Market in a research note on Friday, February 20th. Roth Mkm reiterated a “neutral” rating and issued a $74.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Sprouts Farmers Market currently has a consensus rating of “Hold” and an average price target of $96.08.

Insider Activity

In other news, insider Joseph L. Hurley sold 323 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $83.97, for a total value of $27,122.31. Following the sale, the insider directly owned 28,282 shares of the company’s stock, valued at $2,374,839.54. This represents a 1.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 completion of the transaction, the insider owned 6,801 shares of the company’s stock, 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. In the last quarter, insiders have sold 130,156 shares of company stock worth $10,600,146. 1.30% of the stock is currently owned by corporate insiders.

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.