Mangrove Partners IM LLC Buys New Position in Sprouts Farmers Market, Inc. $SFM

Mangrove Partners IM LLC bought a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,754 shares of the company’s stock, valued at approximately $777,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SFM. TD Private Client Wealth LLC raised its holdings in shares of Sprouts Farmers Market by 1,309.1% during the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after acquiring an additional 288 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of Sprouts Farmers Market during the fourth quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $29,000. Clearstead Advisors LLC raised its holdings in shares of Sprouts Farmers Market by 72.7% during the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after acquiring an additional 141 shares in the last quarter.

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $83.61 on Wednesday. The stock has a market capitalization of $7.86 billion, a PE ratio of 16.08, a P/E/G ratio of 1.81 and a beta of 0.67. The business has a 50 day simple moving average of $80.87 and a two-hundred day simple moving average of $78.12. 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, Inc. has a 1-year low of $64.75 and a 1-year high of $173.96.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business 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. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SFM has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Bank of America cut their target price on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Wall Street Zen cut Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Roth Mkm reaffirmed a “neutral” rating and set a $74.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $96.08.

Insider Transactions at Sprouts Farmers Market

In other news, insider Joseph L. Hurley sold 323 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $27,122.31. Following the completion of the transaction, the insider owned 28,282 shares in the company, valued at approximately $2,374,839.54. The trade was a 1.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Timmi Zalatoris sold 585 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $83.84, for a total value of $49,046.40. Following the transaction, the insider owned 13,782 shares of the company’s stock, valued at approximately $1,155,482.88. The trade was a 4.07% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 42,205 shares of company stock worth $3,601,229. 1.30% of the stock is currently owned by corporate insiders.

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.