Gilder Gagnon Howe & Co. LLC Has $89.05 Million Position in Sprouts Farmers Market, Inc. $SFM

Gilder Gagnon Howe & Co. LLC cut its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 4.8% during the 2nd quarter, Holdings Channel reports. The fund owned 540,873 shares of the company’s stock after selling 26,978 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in Sprouts Farmers Market were worth $89,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NewSquare Capital LLC grew its stake in Sprouts Farmers Market by 83,859.0% in the second quarter. NewSquare Capital LLC now owns 32,744 shares of the company’s stock valued at $5,391,000 after acquiring an additional 32,705 shares during the period. AMF Tjanstepension AB acquired a new position in shares of Sprouts Farmers Market during the second quarter worth approximately $1,580,000. Silver Oak Securities Incorporated bought a new position in shares of Sprouts Farmers Market in the 2nd quarter worth $727,000. Los Angeles Capital Management LLC grew its position in Sprouts Farmers Market by 509.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 232,390 shares of the company’s stock valued at $38,261,000 after purchasing an additional 194,289 shares during the period. Finally, Andrew Hill Investment Advisors Inc. acquired a new stake in Sprouts Farmers Market in the 2nd quarter valued at $3,128,000.

Insider Activity at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 4,045 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $103.00, for a total transaction of $416,635.00. Following the completion of the sale, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at $17,998,220. This trade represents a 2.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Dustin Hamilton sold 868 shares of Sprouts Farmers Market stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $108.50, for a total value of $94,178.00. Following the sale, the insider owned 15,481 shares in the company, valued at $1,679,688.50. The trade was a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 22,384 shares of company stock valued at $1,999,342. 1.10% of the stock is owned by insiders.

Sprouts Farmers Market Stock Down 0.5%

Sprouts Farmers Market stock opened at $79.54 on Friday. Sprouts Farmers Market, Inc. has a fifty-two week low of $75.75 and a fifty-two week high of $182.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 1.05. The firm’s 50-day simple moving average is $90.94 and its 200 day simple moving average is $129.32. The stock has a market cap of $7.74 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 0.92 and a beta of 0.70.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same quarter last year, the business posted $0.91 EPS. The company’s revenue for the quarter was up 13.1% on a year-over-year basis. 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. Research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Sprouts Farmers Market declared that its board has authorized a stock buyback plan on Tuesday, August 19th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SFM. JPMorgan Chase & Co. lowered their price objective on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Wells Fargo & Company decreased 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. Bank of America dropped 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 research report on Thursday, October 23rd. Barclays cut their price target on Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Finally, BMO Capital Markets set a $90.00 price objective on Sprouts Farmers Market in a research note on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprouts Farmers Market currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.86.

Sprouts Farmers Market Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.