Sprouts Farmers Market, Inc. $SFM Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 470.4% in the 3rd quarter, Holdings Channel reports. The firm owned 18,863 shares of the company’s stock after purchasing an additional 15,556 shares during the period. Nisa Investment Advisors LLC’s holdings in Sprouts Farmers Market were worth $2,052,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Lecap Asset Management Ltd. acquired a new position in Sprouts Farmers Market during the third quarter worth $2,864,000. SG Americas Securities LLC raised its holdings in shares of Sprouts Farmers Market by 44.0% in the 3rd quarter. SG Americas Securities LLC now owns 9,401 shares of the company’s stock valued at $1,023,000 after purchasing an additional 2,872 shares in the last quarter. HB Wealth Management LLC increased its stake in Sprouts Farmers Market by 5.1% in the third quarter. HB Wealth Management LLC now owns 3,064 shares of the company’s stock valued at $333,000 after purchasing an additional 150 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Sprouts Farmers Market by 71.6% in the 3rd quarter. Park Avenue Securities LLC now owns 7,087 shares of the company’s stock valued at $771,000 after purchasing an additional 2,958 shares during the last quarter. Finally, Spirepoint Private Client LLC purchased a new position in Sprouts Farmers Market during the 3rd quarter worth $4,310,000.

Sprouts Farmers Market Stock Up 1.1%

Shares of SFM opened at $81.06 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 1.05. The company has a 50-day simple moving average of $80.75 and a 200-day simple moving average of $115.43. Sprouts Farmers Market, Inc. has a 52 week low of $74.38 and a 52 week high of $182.00. The firm has a market capitalization of $7.89 billion, a P/E ratio of 15.68, a P/E/G ratio of 0.80 and a beta of 0.73.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, equities research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SFM. The Goldman Sachs Group lowered their price target on shares of Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Wells Fargo & Company lowered their price target on Sprouts Farmers Market from $180.00 to $135.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Barclays cut their target price on shares of Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price target for the company. in a report on Thursday, January 8th. Finally, BMO Capital Markets set a $90.00 target price on Sprouts Farmers Market in a report on Thursday, October 30th. Eight 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. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $130.57.

Get Our Latest Analysis on SFM

Insider Buying and Selling

In related news, insider John Scott Neal sold 17,471 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the completion of the transaction, the insider owned 14,178 shares in the company, valued at approximately $1,207,965.60. The trade was a 55.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Alisa Gmelich sold 3,161 shares of Sprouts Farmers Market stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $79.39, for a total value of $250,951.79. Following the completion of the sale, the chief marketing officer directly owned 5,552 shares in the company, valued at $440,773.28. This represents a 36.28% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market News Summary

Here are the key news stories impacting Sprouts Farmers Market this week:

Sprouts Farmers Market Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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