New Age Alpha Advisors LLC boosted its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 212.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 64,949 shares of the company’s stock after purchasing an additional 44,147 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Sprouts Farmers Market were worth $5,174,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its position in Sprouts Farmers Market by 10.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,819 shares of the company’s stock worth $304,000 after acquiring an additional 374 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Sprouts Farmers Market by 122.5% during the 4th quarter. Global Retirement Partners LLC now owns 2,143 shares of the company’s stock worth $171,000 after buying an additional 1,180 shares during the period. ABN Amro Investment Solutions raised its holdings in Sprouts Farmers Market by 3.0% during the 4th quarter. ABN Amro Investment Solutions now owns 138,332 shares of the company’s stock worth $11,021,000 after buying an additional 4,024 shares during the period. Covestor Ltd raised its holdings in Sprouts Farmers Market by 73.1% during the 4th quarter. Covestor Ltd now owns 630 shares of the company’s stock worth $50,000 after buying an additional 266 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Sprouts Farmers Market by 1,931.6% during the 4th quarter. Larson Financial Group LLC now owns 1,158 shares of the company’s stock worth $92,000 after buying an additional 1,101 shares during the period.
Analysts Set New Price Targets
SFM has been the topic of several recent analyst reports. Barclays cut their price objective on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Wells Fargo & Company cut their price objective on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. JPMorgan Chase & Co. boosted their price objective on Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Bank of America cut their price objective on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Roth Mkm restated a “neutral” rating and set a $74.00 price objective on shares of Sprouts Farmers Market in a report on Friday, February 20th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Sprouts Farmers Market currently has a consensus rating of “Hold” and a consensus price target of $96.08.
Insider Buying and Selling
In other news, insider David Mcglinchey sold 4,872 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $80.82, for a total value of $393,755.04. Following the transaction, the insider owned 48,737 shares in the company, valued at $3,938,924.34. This represents a 9.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Timmi Zalatoris sold 9,820 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $83.93, for a total value of $824,192.60. Following the completion of the transaction, the insider owned 14,367 shares in the company, valued at $1,205,822.31. This represents a 40.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,156 shares of company stock worth $10,600,146 over the last ninety days. 1.30% of the stock is currently owned by corporate insiders.
Sprouts Farmers Market Price Performance
Shares of SFM opened at $86.71 on Tuesday. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 16.68, a P/E/G ratio of 1.83 and a beta of 0.68. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $182.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The business’s 50-day moving average is $79.27 and its 200-day moving average is $77.74.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.81 EPS. 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. Equities research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.
Sprouts Farmers Market Profile
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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