Sprouts Farmers Market, Inc. $SFM Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB trimmed its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 1.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,670,010 shares of the company’s stock after selling 30,645 shares during the period. Nordea Investment Management AB owned 1.71% of Sprouts Farmers Market worth $180,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in SFM. Unified Investment Management lifted its stake in Sprouts Farmers Market by 0.9% during the second quarter. Unified Investment Management now owns 7,326 shares of the company’s stock worth $1,206,000 after purchasing an additional 65 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in Sprouts Farmers Market by 0.6% during the second quarter. Chicago Partners Investment Group LLC now owns 10,355 shares of the company’s stock worth $1,691,000 after purchasing an additional 65 shares in the last quarter. Rossby Financial LCC lifted its position in shares of Sprouts Farmers Market by 2.3% during the 2nd quarter. Rossby Financial LCC now owns 3,059 shares of the company’s stock worth $504,000 after buying an additional 68 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Sprouts Farmers Market by 0.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 9,069 shares of the company’s stock valued at $1,493,000 after buying an additional 69 shares in the last quarter. Finally, Alteri Wealth LLC boosted its holdings in shares of Sprouts Farmers Market by 1.0% in the 2nd quarter. Alteri Wealth LLC now owns 7,627 shares of the company’s stock valued at $1,256,000 after buying an additional 72 shares in the last quarter.

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $81.06 on Wednesday. The firm has a market cap 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, Inc. has a 52-week low of $74.38 and a 52-week high of $182.00. The business’s 50-day moving average price is $80.75 and its 200 day moving average price is $115.43. The company has a quick ratio of 0.53, a current ratio of 1.05 and a debt-to-equity ratio of 0.04.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same period last year, the firm earned $0.91 EPS. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. 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.

Sprouts Farmers Market News Summary

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

Analysts Set New Price Targets

Several equities research analysts recently commented on SFM shares. Roth Capital reiterated a “neutral” rating and set a $91.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, October 30th. UBS Group set a $108.00 target price on Sprouts Farmers Market in a research report on Thursday, October 30th. Evercore ISI reduced their target price on Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a report on Monday, October 27th. Royal Bank Of Canada dropped their price target on Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Finally, Bank of America cut their price target on Sprouts Farmers Market from $200.00 to $160.00 and set a “buy” rating on the stock in a research report on Thursday, October 23rd. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $130.57.

Check Out Our Latest Research Report on SFM

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider John Scott Neal sold 17,471 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total value of $1,488,529.20. Following the transaction, the insider directly owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. The trade was a 55.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CMO Alisa Gmelich sold 3,161 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total transaction of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares of the company’s stock, valued at approximately $440,773.28. The trade was a 36.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by company insiders.

Sprouts Farmers Market Company 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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