Cinctive Capital Management LP Purchases New Shares in Sprouts Farmers Market, Inc. $SFM

Cinctive Capital Management LP acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 35,770 shares of the company’s stock, valued at approximately $3,892,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clark Capital Management Group Inc. grew its holdings in shares of Sprouts Farmers Market by 386.2% during the third quarter. Clark Capital Management Group Inc. now owns 294,968 shares of the company’s stock worth $32,093,000 after purchasing an additional 234,295 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of Sprouts Farmers Market by 21.8% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,900 shares of the company’s stock valued at $864,000 after buying an additional 1,415 shares during the last quarter. California Public Employees Retirement System lifted its position in Sprouts Farmers Market by 4.1% during the 3rd quarter. California Public Employees Retirement System now owns 204,702 shares of the company’s stock worth $22,272,000 after buying an additional 8,103 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in Sprouts Farmers Market during the 3rd quarter worth about $855,000. Finally, Aquatic Capital Management LLC grew its holdings in Sprouts Farmers Market by 21.5% during the 3rd quarter. Aquatic Capital Management LLC now owns 109,735 shares of the company’s stock worth $11,939,000 after acquiring an additional 19,444 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group set a $111.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Zacks Research upgraded shares of Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. UBS Group decreased their price target on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. JPMorgan Chase & Co. lowered their price target on shares of Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $101.75.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM opened at $82.06 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 0.06. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $182.00. The stock has a market capitalization of $7.76 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.77 and a beta of 0.76. The business has a 50-day moving average price of $73.34 and a two-hundred day moving average price of $90.20.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same quarter last year, the firm earned $0.79 EPS. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. Equities analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joel D. Anderson acquired 4,400 shares of Sprouts Farmers Market stock in a transaction on Monday, March 9th. The shares were purchased at an average cost of $77.17 per share, with a total value of $339,548.00. Following the completion of the purchase, the director owned 24,802 shares in the company, valued at $1,913,970.34. The trade was a 21.57% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kristen E. Blum bought 1,325 shares of the stock in a transaction on Tuesday, March 10th. The shares were acquired at an average cost of $76.00 per share, with a total value of $100,700.00. Following the acquisition, the director directly owned 54,407 shares in the company, valued at approximately $4,134,932. This trade represents a 2.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Company 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.