First Trust Advisors LP Cuts Stake in Sprouts Farmers Market, Inc. $SFM

First Trust Advisors LP lowered its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 16.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,072 shares of the company’s stock after selling 7,445 shares during the quarter. First Trust Advisors LP’s holdings in Sprouts Farmers Market were worth $2,936,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Focus Partners Wealth bought a new position in shares of Sprouts Farmers Market during the 1st quarter valued at approximately $400,000. Baird Financial Group Inc. increased its stake in shares of Sprouts Farmers Market by 77.7% during 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 last quarter. Cerity Partners LLC raised its holdings in shares of Sprouts Farmers Market by 13.1% in 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 during the period. Daiwa Securities Group Inc. raised its stake in shares of Sprouts Farmers Market by 12.0% in the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock valued at $3,767,000 after buying an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC grew its stake in shares of Sprouts Farmers Market by 64.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after acquiring an additional 4,492 shares during the period.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SFM. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday, July 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. UBS Group increased their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprouts Farmers Market has an average rating of “Hold” and a consensus price target of $91.58.

Insider Transactions at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 55,692 shares of company stock worth $4,776,971. Insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Price Performance

Shares of NASDAQ SFM opened at $87.20 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $153.75. The stock has a market cap of $8.13 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 2.11 and a beta of 0.68. The stock has a fifty day moving average of $81.79 and a 200-day moving average of $78.24.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.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 firm posted $1.35 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. Equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current 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.