Nisa Investment Advisors LLC Grows Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Nisa Investment Advisors LLC boosted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 470.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,863 shares of the company’s stock after acquiring an additional 15,556 shares during the period. Nisa Investment Advisors LLC’s holdings in Sprouts Farmers Market were worth $2,052,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Unified Investment Management grew its stake in Sprouts Farmers Market by 0.9% during the 2nd quarter. Unified Investment Management now owns 7,326 shares of the company’s stock worth $1,206,000 after buying an additional 65 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Sprouts Farmers Market by 0.6% during the second quarter. Chicago Partners Investment Group LLC now owns 10,355 shares of the company’s stock worth $1,691,000 after acquiring an additional 65 shares during the last quarter. Rossby Financial LCC increased its holdings in shares of Sprouts Farmers Market by 2.3% during the second quarter. Rossby Financial LCC now owns 3,059 shares of the company’s stock valued at $504,000 after acquiring an additional 68 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Sprouts Farmers Market by 0.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 9,069 shares of the company’s stock valued at $1,493,000 after purchasing an additional 69 shares during the last quarter. Finally, Alteri Wealth LLC boosted its stake in Sprouts Farmers Market by 1.0% in the 2nd quarter. Alteri Wealth LLC now owns 7,627 shares of the company’s stock worth $1,256,000 after purchasing an additional 72 shares in the last quarter.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Roth Capital reaffirmed a “neutral” rating and issued a $91.00 price target on shares of Sprouts Farmers Market in a report on Thursday, October 30th. Evercore ISI reduced their target price on Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, October 27th. UBS Group set a $108.00 price target on Sprouts Farmers Market in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, December 29th. Finally, BMO Capital Markets set a $90.00 target price on Sprouts Farmers Market in a report on Thursday, October 30th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $130.57.

View Our Latest Research Report on SFM

Insider Transactions at Sprouts Farmers Market

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

Key Sprouts Farmers Market News

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

Sprouts Farmers Market Price Performance

Shares of NASDAQ SFM opened at $81.06 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.05 and a quick ratio of 0.53. The firm’s 50 day simple moving average is $80.75 and its 200-day simple moving average is $115.43. Sprouts Farmers Market, Inc. has a 12 month low of $74.38 and a 12 month high of $182.00. The stock has a market capitalization of $7.89 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 0.80 and a beta of 0.73.

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

Sprouts Farmers Market Company 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.

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

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