Inlet Private Wealth LLC Purchases 45,200 Shares of Sprouts Farmers Market, Inc. $SFM

Inlet Private Wealth LLC purchased a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 45,200 shares of the company’s stock, valued at approximately $2,999,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth $25,000. Bell Investment Advisors Inc acquired a new position in shares of Sprouts Farmers Market in the second quarter valued at about $29,000. Ameritas Advisory Services LLC bought a new position in Sprouts Farmers Market during the second quarter worth about $29,000. Trust Co. of Vermont bought a new position in Sprouts Farmers Market during the second quarter worth about $32,000. Finally, Geneos Wealth Management Inc. acquired a new stake in Sprouts Farmers Market in the 1st quarter worth about $31,000.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SFM. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a report on Friday, September 25th. Royal Bank Of Canada lowered their target price on shares of Sprouts Farmers Market from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a report on Friday, July 31st. UBS Group reiterated a “neutral” rating on shares of Sprouts Farmers Market in a research report on Wednesday, September 23rd. Finally, Evercore reiterated an “outperform” rating and issued a $95.00 price target on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Sprouts Farmers Market presently has a consensus rating of “Hold” and an average price target of $88.92.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $65.51 on Thursday. The company has a market cap of $6.11 billion, a price-to-earnings ratio of 12.55, a PEG ratio of 1.64 and a beta of 0.67. Sprouts Farmers Market, Inc. has a fifty-two week low of $61.88 and a fifty-two week high of $110.00. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. The stock has a fifty day moving average price of $72.45 and a 200-day moving average price of $78.10.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%. Sprouts Farmers Market’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business 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. As a group, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 5.52 EPS for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $64.48, for a total value of $695,610.24. Following the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $17,408,310.40. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares of the company’s stock, valued at $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 46,041 shares of company stock worth $3,460,383 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc (NASDAQ:SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.

Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.