Rare Wolf Capital LLC bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm bought 7,600 shares of the company’s stock, valued at approximately $605,000.
Several other institutional investors also recently modified their holdings of the stock. Focus Partners Wealth bought a new position in Sprouts Farmers Market during the 1st quarter worth approximately $400,000. Baird Financial Group Inc. increased its stake in Sprouts Farmers Market by 77.7% in the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after purchasing an additional 1,534 shares in the last quarter. Cerity Partners LLC raised its holdings in Sprouts Farmers Market by 13.1% in the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after purchasing an additional 2,609 shares during the period. Daiwa Securities Group Inc. raised its holdings in Sprouts Farmers Market by 12.0% in the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after purchasing an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC boosted its position in shares of Sprouts Farmers Market by 64.0% during the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after purchasing an additional 4,492 shares in the last quarter.
Insider Transactions at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 10,790 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Timmi Zalatoris sold 426 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $78.52, for a total value of $33,449.52. Following the transaction, the insider owned 13,045 shares of the company’s stock, valued at approximately $1,024,293.40. The trade was a 3.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,948 shares of company stock worth $2,991,753 in the last 90 days. Company insiders own 1.30% of the company’s stock.
Sprouts Farmers Market Stock Up 1.0%
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the firm earned $1.81 earnings per share. The firm’s revenue was up 4.1% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages have recently issued reports on SFM. The Goldman Sachs Group set a $111.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Friday, March 27th. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a report on Monday, April 6th. Bank of America decreased their target price on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Finally, Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $96.08.
Get Our Latest Stock Report on Sprouts Farmers Market
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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