Sprouts Farmers Market (NASDAQ:SFM) Shares Up 5.2% Following Insider Buying Activity

Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Free Report) shares rose 5.2% during mid-day trading on Thursday following insider buying activity. The company traded as high as $78.84 and last traded at $79.2570. Approximately 371,056 shares were traded during trading, a decline of 88% from the average daily volume of 3,018,105 shares. The stock had previously closed at $75.35.

Specifically, Director Kristen E. Blum bought 1,325 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was bought at an average cost of $76.00 per share, with a total value of $100,700.00. Following the completion of the acquisition, the director owned 54,407 shares in the company, valued at approximately $4,134,932. This represents a 2.50% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Joel D. Anderson purchased 4,400 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were purchased at an average cost of $77.17 per share, for a total transaction of $339,548.00. Following the purchase, the director directly owned 24,802 shares in the company, valued at approximately $1,913,970.34. This represents a 21.57% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SFM. Evercore raised Sprouts Farmers Market to a “strong-buy” rating in a research note on Friday, February 20th. UBS Group dropped their price target on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Wells Fargo & Company decreased their price objective on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 target price for the company. in a report on Thursday, January 8th. Finally, Royal Bank Of Canada cut their target price on shares of Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. One investment 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $101.75.

Get Our Latest Report on Sprouts Farmers Market

Sprouts Farmers Market Trading Up 5.3%

The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $7.51 billion, a PE ratio of 14.98, a P/E/G ratio of 1.64 and a beta of 0.76. The business’s fifty day moving average price is $73.33 and its 200 day moving average price is $91.48.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.15 billion. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. Sprouts Farmers Market’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.79 earnings per share. 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. As a group, analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Sprouts Farmers Market

Institutional investors have recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. boosted its stake in 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 worth $1,493,000 after buying an additional 69 shares during the last quarter. Alteri Wealth LLC increased its stake in shares of Sprouts Farmers Market by 1.0% during the 2nd quarter. Alteri Wealth LLC now owns 7,627 shares of the company’s stock valued at $1,256,000 after acquiring an additional 72 shares during the last quarter. Advisors Capital Management LLC lifted its holdings in shares of Sprouts Farmers Market by 2.3% during the 2nd quarter. Advisors Capital Management LLC now owns 3,557 shares of the company’s stock worth $586,000 after acquiring an additional 79 shares during the period. Chicago Partners Investment Group LLC boosted its position in shares of Sprouts Farmers Market by 1.0% in the third quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company’s stock worth $1,117,000 after acquiring an additional 102 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in Sprouts Farmers Market by 3.2% in the third quarter. Apollon Wealth Management LLC now owns 3,505 shares of the company’s stock valued at $381,000 after purchasing an additional 108 shares during the period.

Sprouts Farmers Market Company Profile

(Get 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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