HighTower Advisors LLC Decreases Stock Position in Sprouts Farmers Market, Inc. $SFM

HighTower Advisors LLC lessened its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 80.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,120 shares of the company’s stock after selling 100,855 shares during the quarter. HighTower Advisors LLC’s holdings in Sprouts Farmers Market were worth $2,001,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. MML Investors Services LLC raised its holdings in Sprouts Farmers Market by 0.6% during the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock valued at $3,340,000 after buying an additional 124 shares during the period. Advisory Services Network LLC raised its holdings in Sprouts Farmers Market by 1.0% during the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after buying an additional 139 shares during the period. Smartleaf Asset Management LLC raised its holdings in Sprouts Farmers Market by 98.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after buying an additional 141 shares during the period. Affinity Investment Advisors LLC raised its holdings in Sprouts Farmers Market by 8.0% during the 3rd quarter. Affinity Investment Advisors LLC now owns 2,157 shares of the company’s stock valued at $235,000 after buying an additional 160 shares during the period. Finally, NorthCrest Asset Manangement LLC raised its holdings in Sprouts Farmers Market by 1.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 8,943 shares of the company’s stock valued at $715,000 after buying an additional 162 shares during the period.

Sprouts Farmers Market Price Performance

Shares of SFM stock opened at $79.74 on Tuesday. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $182.00. The stock’s 50-day moving average is $79.46 and its 200 day moving average is $77.95. The company has a market cap of $7.50 billion, a P/E ratio of 15.33, a PEG ratio of 1.75 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data 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 company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter last year, the company earned $1.81 earnings per share. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. Research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 3,201 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $268,787.97. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $22,670,220.60. This trade represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.04, for a total value 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 SEC filing for this sale provides additional information. Insiders have sold 130,156 shares of company stock valued at $10,600,146 over the last 90 days. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

SFM has been the topic of several recent research reports. The Goldman Sachs Group set a $111.00 price target on Sprouts Farmers Market in a report on Friday, February 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a research note on Monday, April 6th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Finally, Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $96.08.

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.