Mitsubishi UFJ Asset Management Co. Ltd. Makes New $2.08 Million Investment in Sprouts Farmers Market, Inc. $SFM

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 24,636 shares of the company’s stock, valued at approximately $2,084,000.

A number of other institutional investors have also made changes to their positions in SFM. Norges Bank acquired a new position in shares of Sprouts Farmers Market in the 4th quarter worth approximately $161,398,000. Swedbank AB acquired a new stake in Sprouts Farmers Market in the 1st quarter valued at approximately $121,906,000. Bank of America Corp DE raised its position in Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after purchasing an additional 1,494,014 shares during the period. Voloridge Investment Management LLC raised its position in Sprouts Farmers Market by 652.7% in the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after purchasing an additional 1,223,753 shares during the period. Finally, Champlain Investment Partners LLC acquired a new position in Sprouts Farmers Market during the fourth quarter worth $81,557,000.

Insiders Place Their Bets

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the sale, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the completion of the transaction, the chief executive officer owned 269,980 shares of the company’s stock, valued at $23,434,264. The trade was a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 58,289 shares of company stock worth $4,991,405 in the last quarter. 1.30% of the stock is owned by company insiders.

Sprouts Farmers Market Stock Performance

Shares of SFM stock opened at $81.08 on Friday. The firm has a 50 day moving average of $81.59 and a two-hundred day moving average of $78.99. The stock has a market capitalization of $7.56 billion, a PE ratio of 15.53, a P/E/G ratio of 1.94 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. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $149.66.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.35 earnings per share. 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. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Analyst Ratings Changes

SFM has been the subject of several research analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. UBS Group increased their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and raised their target price for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Roth Capital set a $82.00 target price on Sprouts Farmers Market in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $91.58.

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.