EFG Asset Management Americas Corp. Invests $687,000 in Sprouts Farmers Market, Inc. $SFM

EFG Asset Management Americas Corp. purchased a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,314 shares of the company’s stock, valued at approximately $687,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SFM. Focus Partners Wealth bought a new position in Sprouts Farmers Market in the 1st quarter worth about $400,000. Savant Capital LLC raised its stake in shares of Sprouts Farmers Market by 10.6% during the second quarter. Savant Capital LLC now owns 1,852 shares of the company’s stock valued at $305,000 after acquiring an additional 177 shares in the last quarter. Allworth Financial LP raised its stake in shares of Sprouts Farmers Market by 57.7% during the second quarter. Allworth Financial LP now owns 738 shares of the company’s stock valued at $122,000 after acquiring an additional 270 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of Sprouts Farmers Market by 76.2% in the second quarter. SBI Securities Co. Ltd. now owns 1,811 shares of the company’s stock valued at $298,000 after purchasing an additional 783 shares during the period. Finally, KBC Group NV grew its stake in Sprouts Farmers Market by 68.5% in the second quarter. KBC Group NV now owns 7,322 shares of the company’s stock worth $1,205,000 after purchasing an additional 2,976 shares in the last quarter.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM opened at $82.06 on Monday. The firm has a 50 day moving average of $73.34 and a 200 day moving average of $90.20. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The business had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the firm earned $0.79 EPS. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kristen E. Blum bought 1,325 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were bought at an average price of $76.00 per share, for a total transaction of $100,700.00. Following the completion of the purchase, the director directly owned 54,407 shares of the company’s stock, valued at approximately $4,134,932. This trade represents a 2.50% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joel D. Anderson bought 4,400 shares of Sprouts Farmers Market stock in a transaction on Monday, March 9th. The stock was purchased at an average price of $77.17 per share, with a total value of $339,548.00. Following the completion of the acquisition, the director directly owned 24,802 shares of the company’s stock, valued at $1,913,970.34. This represents a 21.57% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

SFM has been the topic of several research reports. Deutsche Bank Aktiengesellschaft downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective on the stock. in a report on Thursday, January 8th. Zacks Research raised Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. cut their price target on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $101.75.

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.