Vanguard Personalized Indexing Management LLC Buys 843 Shares of Sprouts Farmers Market, Inc. $SFM

Vanguard Personalized Indexing Management LLC grew its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 3.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 22,764 shares of the company’s stock after acquiring an additional 843 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Sprouts Farmers Market were worth $3,749,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Sowell Financial Services LLC bought a new stake in shares of Sprouts Farmers Market during the 1st quarter valued at $270,000. AMF Tjanstepension AB acquired a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $1,580,000. Silver Oak Securities Incorporated acquired a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $727,000. Maverick Capital Ltd. acquired a new stake in shares of Sprouts Farmers Market during the 1st quarter worth approximately $8,341,000. Finally, Andrew Hill Investment Advisors Inc. acquired a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $3,128,000.

Insider Activity at Sprouts Farmers Market

In other news, CTO James H. Bahrenburg sold 4,292 shares of Sprouts Farmers Market stock in a transaction 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 transaction, the chief technology officer owned 9,167 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph D. O’leary sold 2,937 shares of Sprouts Farmers Market stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $150.07, for a total transaction of $440,755.59. Following the transaction, the director directly owned 14,994 shares of the company’s stock, valued at $2,250,149.58. This represents a 16.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 37,561 shares of company stock valued at $5,257,184 in the last quarter. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

SFM has been the topic of several analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Sprouts Farmers Market in a research report on Wednesday, August 20th. They set a “neutral” rating and a $159.00 price target on the stock. Evercore ISI reduced their price target on shares of Sprouts Farmers Market from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Tuesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Sprouts Farmers Market in a research report on Tuesday. Wells Fargo & Company upgraded shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $175.00 to $180.00 in a research report on Tuesday, August 5th. Finally, Royal Bank Of Canada set a $148.00 target price on shares of Sprouts Farmers Market and gave the company an “outperform” rating in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $176.29.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM opened at $111.13 on Wednesday. The firm has a market cap of $10.86 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77. The firm’s fifty day moving average is $129.66 and its 200-day moving average is $150.93. Sprouts Farmers Market, Inc. has a 52 week low of $98.75 and a 52 week high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.12. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.16 billion. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. Sprouts Farmers Market’s revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market declared that its Board of Directors has authorized a share repurchase program on Tuesday, August 19th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Sprouts Farmers Market Company 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.