Union Bancaire Privee UBP SA Grows Position in Sprouts Farmers Market, Inc. $SFM

Union Bancaire Privee UBP SA grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 66.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,459 shares of the company’s stock after acquiring an additional 10,185 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Sprouts Farmers Market were worth $2,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of SFM. Newbridge Financial Services Group Inc. purchased a new position in shares of Sprouts Farmers Market in the second quarter valued at $29,000. Truvestments Capital LLC bought a new position in Sprouts Farmers Market during the first quarter valued at $35,000. SVB Wealth LLC bought a new position in Sprouts Farmers Market during the first quarter valued at $36,000. Brooklyn Investment Group grew its stake in shares of Sprouts Farmers Market by 12,100.0% in the 1st quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock worth $37,000 after buying an additional 242 shares in the last quarter. Finally, Global Trust Asset Management LLC increased its holdings in shares of Sprouts Farmers Market by 520.8% in the 2nd quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock worth $49,000 after buying an additional 250 shares during the last quarter.

Insider Activity at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 4,045 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $103.00, for a total transaction of $416,635.00. Following the transaction, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at approximately $17,998,220. This trade represents a 2.26% 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, insider Dustin Hamilton sold 868 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $108.50, for a total value of $94,178.00. Following the completion of the sale, the insider owned 15,481 shares of the company’s stock, valued at $1,679,688.50. The trade was a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,545 shares of company stock valued at $2,250,294 over the last 90 days. 1.10% of the stock is currently owned by insiders.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $80.95 on Thursday. The company has a quick ratio of 0.53, a current ratio of 1.05 and a debt-to-equity ratio of 0.04. The stock’s fifty day moving average is $89.57 and its two-hundred day moving average is $127.19. Sprouts Farmers Market, Inc. has a 52 week low of $75.75 and a 52 week high of $182.00. The company has a market capitalization of $7.88 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 0.91 and a beta of 0.70.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the company 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. As a group, analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on SFM. Wall Street Zen upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Wells Fargo & Company dropped their target price on Sprouts Farmers Market from $180.00 to $135.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Zacks Research lowered Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Evercore ISI dropped their price objective on shares of 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. Finally, Bank of America cut their price objective 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. Nine analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.