Wesbanco Bank Inc. Invests $1.30 Million in Sprouts Farmers Market, Inc. $SFM

Wesbanco Bank Inc. acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 16,800 shares of the company’s stock, valued at approximately $1,296,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Louisiana State Employees Retirement System acquired a new position in Sprouts Farmers Market during the first quarter valued at approximately $2,175,000. Blue Trust Inc. increased its position in shares of Sprouts Farmers Market by 12.3% during the 1st quarter. Blue Trust Inc. now owns 2,167 shares of the company’s stock worth $167,000 after purchasing an additional 238 shares during the last quarter. OP Asset Management Ltd bought a new stake in shares of Sprouts Farmers Market during the 1st quarter worth approximately $1,782,000. Andina Capital Management LLC bought a new stake in shares of Sprouts Farmers Market during the 1st quarter worth approximately $367,000. Finally, Arkfeld Wealth Strategies L.L.C. boosted its holdings in shares of Sprouts Farmers Market by 3.4% in the 1st quarter. Arkfeld Wealth Strategies L.L.C. now owns 80,193 shares of the company’s stock valued at $6,009,000 after buying an additional 2,603 shares during the last quarter.

Sprouts Farmers Market Stock Performance

SFM opened at $82.14 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $171.15. The business has a 50 day moving average of $81.79 and a 200-day moving average of $78.01. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 1.74 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly 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. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the business earned $1.81 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. 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. On average, equities research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SFM. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a research note on Monday, April 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $96.08.

Insider Buying and Selling at Sprouts Farmers Market

In other news, insider Brandon F. Lombardi sold 406 shares of Sprouts Farmers Market stock in a transaction on Friday, May 1st. The stock was sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the sale, the insider owned 6,801 shares of the company’s stock, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the sale, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,522 shares of company stock worth $2,958,303 over the last ninety days. Insiders own 1.30% of the company’s stock.

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.