Caxton Associates LLP grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 403.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,208 shares of the company’s stock after buying an additional 29,015 shares during the quarter. Caxton Associates LLP’s holdings in Sprouts Farmers Market were worth $2,793,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in SFM. Focus Partners Wealth acquired a new stake in shares of Sprouts Farmers Market during the first quarter valued at approximately $400,000. Baird Financial Group Inc. boosted its stake in Sprouts Farmers Market by 77.7% in the 2nd quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after purchasing an additional 1,534 shares during the period. Cerity Partners LLC grew its position in Sprouts Farmers Market by 13.1% during the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after purchasing an additional 2,609 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Sprouts Farmers Market by 12.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after purchasing an additional 2,460 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in Sprouts Farmers Market by 64.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after purchasing an additional 4,492 shares during the period.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. JPMorgan Chase & Co. increased their price objective on Sprouts Farmers Market from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, UBS Group lifted their target price on Sprouts Farmers Market from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $96.62.
Sprouts Farmers Market Trading Up 1.9%
NASDAQ SFM opened at $74.89 on Friday. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $165.97. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $7.04 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 1.94 and a beta of 0.67. The firm’s fifty day simple moving average is $82.42 and its 200-day simple moving average is $77.93.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) 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 firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter last year, the firm earned $1.81 earnings per share. The business’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. As a group, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.
Insider Transactions at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total transaction of $915,577.56. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,913,202.60. The trade was a 3.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total value of $33,308.24. Following the completion of the transaction, the insider owned 6,801 shares in the company, valued at $557,954.04. This represents a 5.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 45,310 shares of company stock valued at $3,873,881 in the last three months. Corporate insiders own 1.30% of the company’s stock.
Sprouts Farmers Market Company 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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