55,025 Shares in Sprouts Farmers Market, Inc. $SFM Acquired by Freestone Grove Partners LP

Freestone Grove Partners LP acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 55,025 shares of the company’s stock, valued at approximately $4,654,000. Freestone Grove Partners LP owned approximately 0.06% of Sprouts Farmers Market at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market during the 2nd quarter valued at $29,000. TD Private Client Wealth LLC grew its holdings in shares of Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Sprouts Farmers Market in the first quarter worth $25,000. Bell Investment Advisors Inc purchased a new stake in Sprouts Farmers Market during the second quarter valued at $29,000. Finally, Clearstead Advisors LLC increased its position in 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 during the last quarter.

Insider Buying and Selling

In related news, CEO Jack Sinclair sold 10,790 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at approximately $22,149,159.20. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the sale, the director owned 14,710 shares in the company, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 58,289 shares of company stock worth $4,991,405. 1.30% of the stock is owned by insiders.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock opened at $81.46 on Friday. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 2.01 and a beta of 0.68. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. The stock’s 50-day simple moving average is $81.82 and its 200-day simple moving average is $79.55. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $141.78.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.35 EPS. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. As a group, analysts expect that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on SFM shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $84.00 target price on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price target for the company from $80.00 to $103.00 in a research report on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $91.58.

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.