Vestmark Advisory Solutions Inc. Acquires 1,125 Shares of Sprouts Farmers Market, Inc. $SFM

Vestmark Advisory Solutions Inc. boosted its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 50.6% in the second quarter, HoldingsChannel reports. The firm owned 3,348 shares of the company’s stock after purchasing an additional 1,125 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Sprouts Farmers Market were worth $551,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp grew its position in shares of Sprouts Farmers Market by 5.9% during the 1st quarter. M&T Bank Corp now owns 6,534 shares of the company’s stock worth $997,000 after buying an additional 364 shares during the period. Xponance Inc. boosted its stake in Sprouts Farmers Market by 1.7% during the first quarter. Xponance Inc. now owns 15,046 shares of the company’s stock worth $2,297,000 after acquiring an additional 248 shares in the last quarter. New York State Common Retirement Fund grew its holdings in Sprouts Farmers Market by 1.0% in the first quarter. New York State Common Retirement Fund now owns 111,898 shares of the company’s stock worth $17,080,000 after purchasing an additional 1,106 shares during the period. CWM LLC increased its stake in Sprouts Farmers Market by 8.9% in the first quarter. CWM LLC now owns 2,801 shares of the company’s stock valued at $428,000 after purchasing an additional 230 shares in the last quarter. Finally, Edgestream Partners L.P. increased its stake in Sprouts Farmers Market by 40.3% in the first quarter. Edgestream Partners L.P. now owns 31,653 shares of the company’s stock valued at $4,832,000 after purchasing an additional 9,094 shares in the last quarter.

Sprouts Farmers Market Stock Down 1.2%

Sprouts Farmers Market stock opened at $78.02 on Wednesday. The firm has a 50 day moving average price of $109.67 and a 200-day moving average price of $142.31. Sprouts Farmers Market, Inc. has a twelve month low of $75.75 and a twelve month high of $182.00. The company has a market capitalization of $7.60 billion, a P/E ratio of 15.09, a P/E/G ratio of 1.18 and a beta of 0.72.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly 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 company 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 38.83% and a net margin of 5.93%.The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS. Q4 2025 guidance at 0.860-0.900 EPS. Equities analysts expect 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 repurchase program on Tuesday, August 19th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In related news, CTO James H. Bahrenburg sold 4,292 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $137.06, for a total transaction of $588,261.52. Following the completion of the transaction, the chief technology officer owned 9,167 shares of the company’s stock, valued at approximately $1,256,429.02. The trade was a 31.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Dustin Hamilton sold 7,200 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $138.95, for a total transaction of $1,000,440.00. Following the completion of the sale, the insider owned 16,349 shares in the company, valued at $2,271,693.55. This represents a 30.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,447 shares of company stock valued at $2,800,812 in the last ninety days. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

SFM has been the subject of a number of research analyst reports. Royal Bank Of Canada decreased their target price on Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. UBS Group set a $108.00 price objective on Sprouts Farmers Market in a research note on Thursday, October 30th. Roth Capital reaffirmed a “neutral” rating and set a $91.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. Wall Street Zen cut Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. Finally, Barclays dropped their price objective on shares of Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Sprouts Farmers Market has a consensus rating of “Moderate Buy” and an average 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.