Isthmus Partners LLC increased its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 15.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,192 shares of the company’s stock after purchasing an additional 6,504 shares during the period. Isthmus Partners LLC owned 0.05% of Sprouts Farmers Market worth $3,717,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. MML Investors Services LLC lifted its holdings in Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares during the period. Advisory Services Network LLC increased its holdings in shares of Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after acquiring an additional 139 shares during the period. Clearstead Advisors LLC raised its position in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after acquiring an additional 160 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its stake in shares of Sprouts Farmers Market by 1.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 8,943 shares of the company’s stock worth $715,000 after purchasing an additional 162 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in shares of Sprouts Farmers Market by 4.3% during the 4th quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock worth $327,000 after purchasing an additional 171 shares during the last quarter.
Insider Buying and Selling
In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Brandon F. Lombardi sold 406 shares of Sprouts Farmers Market stock in a transaction on Friday, May 1st. The stock was sold at an average price of $82.04, for a total transaction of $33,308.24. Following the sale, the insider owned 6,801 shares of the company’s stock, valued at $557,954.04. The trade was a 5.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 45,310 shares of company stock worth $3,873,881 in the last three months. Corporate insiders own 1.30% of the company’s stock.
Sprouts Farmers Market Trading Down 4.6%
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter last year, the company earned $1.81 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a report on Monday, April 6th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Finally, JPMorgan Chase & Co. increased their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of “Hold” and a consensus target price of $96.08.
Get Our Latest Stock Analysis on Sprouts Farmers Market
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.
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