Integrated Wealth Concepts LLC Sells 361 Shares of Sprouts Farmers Market, Inc. $SFM

Integrated Wealth Concepts LLC reduced its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 6.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,865 shares of the company’s stock after selling 361 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Sprouts Farmers Market were worth $743,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SFM. Whipplewood Advisors LLC lifted its position in Sprouts Farmers Market by 92.0% in the first quarter. Whipplewood Advisors LLC now owns 192 shares of the company’s stock worth $29,000 after purchasing an additional 92 shares during the period. Dogwood Wealth Management LLC bought a new position in shares of Sprouts Farmers Market during the first quarter valued at $30,000. Truvestments Capital LLC bought a new position in shares of Sprouts Farmers Market during the first quarter valued at $35,000. SVB Wealth LLC bought a new position in shares of Sprouts Farmers Market during the first quarter valued at $36,000. Finally, Brooklyn Investment Group lifted its holdings in shares of Sprouts Farmers Market by 12,100.0% during the first quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock valued at $37,000 after acquiring an additional 242 shares during the period.

Sprouts Farmers Market Stock Down 1.3%

Shares of SFM stock opened at $135.98 on Friday. The stock has a 50-day moving average price of $151.04 and a 200 day moving average price of $155.44. The firm has a market cap of $13.29 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 1.56 and a beta of 0.86. Sprouts Farmers Market, Inc. has a 12 month low of $101.72 and a 12 month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.12. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.16 billion. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The company’s revenue was up 17.3% on a year-over-year basis. During the same period last year, the company earned $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Sell-side analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market announced that its Board of Directors has approved a share buyback program on Tuesday, August 19th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. UBS Group set a $180.00 price objective on Sprouts Farmers Market in a report on Thursday, July 31st. Evercore ISI cut their price objective on Sprouts Farmers Market from $195.00 to $190.00 and set an “outperform” rating for the company in a report on Tuesday, August 12th. JPMorgan Chase & Co. assumed coverage on Sprouts Farmers Market in a report on Wednesday, August 20th. They set a “neutral” rating and a $159.00 price objective for the company. Wells Fargo & Company raised Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $175.00 to $180.00 in a report on Tuesday, August 5th. Finally, Jefferies Financial Group raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Friday, August 1st. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Moderate Buy” and a consensus target price of $173.73.

Insider Transactions at Sprouts Farmers Market

In related news, Director Joseph D. O’leary sold 2,937 shares of Sprouts Farmers Market stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $150.07, for a total value of $440,755.59. Following the completion of the sale, the director directly owned 14,994 shares in the company, valued at $2,250,149.58. This trade represents a 16.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Kim Coffin sold 651 shares of Sprouts Farmers Market stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $141.58, for a total value of $92,168.58. Following the completion of the sale, the senior vice president owned 11,235 shares of the company’s stock, valued at approximately $1,590,651.30. The trade was a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 43,368 shares of company stock valued at $6,545,125. 1.10% of the stock is currently owned by insiders.

Sprouts Farmers Market Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.