7,700 Shares in Sprouts Farmers Market, Inc. $SFM Acquired by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC bought a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,700 shares of the company’s stock, valued at approximately $594,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Sprouts Farmers Market during the fourth quarter valued at about $161,398,000. Swedbank AB bought a new position in Sprouts Farmers Market in the 1st quarter valued at about $121,906,000. Bank of America Corp DE grew its position in 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 valued at $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC increased its stake in Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after buying an additional 1,223,753 shares during the period. Finally, Champlain Investment Partners LLC acquired a new position in Sprouts Farmers Market during the 4th quarter valued at about $81,557,000.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a research report on Monday, April 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $96.08.

Insider Activity at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction that occurred 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total transaction of $915,577.56. Following the transaction, the chief executive officer owned 269,980 shares in the company, valued at approximately $22,913,202.60. The trade was a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 45,310 shares of company stock worth $3,873,881. 1.30% of the stock is owned by corporate insiders.

Sprouts Farmers Market Trading Down 1.5%

NASDAQ:SFM opened at $74.61 on Tuesday. The stock has a fifty day simple moving average of $83.43 and a 200 day simple moving average of $78.08. The firm has a market capitalization of $7.02 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 1.60 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $168.10. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) 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 firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the previous year, the company earned $1.81 EPS. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. Sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Sprouts Farmers Market 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.