6,314 Shares in Sprouts Farmers Market, Inc. $SFM Bought by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. purchased a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,314 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors have also bought and sold shares of SFM. Bank of America Corp DE grew its stake in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Marshall Wace LLP raised its position in shares of Sprouts Farmers Market by 12.3% during the 2nd quarter. Marshall Wace LLP now owns 2,314,665 shares of the company’s stock valued at $381,086,000 after buying an additional 252,699 shares in the last quarter. Invesco Ltd. raised its position in shares of Sprouts Farmers Market by 52.8% during the 2nd quarter. Invesco Ltd. now owns 2,131,607 shares of the company’s stock valued at $350,948,000 after buying an additional 737,008 shares in the last quarter. Man Group plc lifted its holdings in shares of Sprouts Farmers Market by 14.1% in the 3rd quarter. Man Group plc now owns 1,394,724 shares of the company’s stock valued at $151,746,000 after acquiring an additional 172,256 shares during the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of Sprouts Farmers Market by 185.2% in the 3rd quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company’s stock valued at $141,526,000 after acquiring an additional 844,717 shares during the last quarter.

Wall Street Analyst Weigh In

SFM has been the topic of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, December 29th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft cut 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. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, UBS Group decreased their price target on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $101.75.

Check Out Our Latest Stock Analysis on Sprouts Farmers Market

Insider Activity at Sprouts Farmers Market

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

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 12 month low of $64.75 and a 12 month high of $182.00. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.77 and a beta of 0.76. The firm’s 50-day moving average is $73.34 and its 200 day moving average is $90.20.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the firm earned $0.79 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. 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. Research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

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.

See Also

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

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