Sprouts Farmers Market, Inc. $SFM Shares Bought by Cwm LLC

Cwm LLC grew its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 20.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 3,384 shares of the company’s stock after buying an additional 583 shares during the period. Cwm LLC’s holdings in Sprouts Farmers Market were worth $557,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dogwood Wealth Management LLC purchased a new stake in shares of Sprouts Farmers Market in the first quarter valued at about $30,000. Truvestments Capital LLC purchased a new stake in shares of Sprouts Farmers Market in the first quarter valued at about $35,000. SVB Wealth LLC purchased a new stake in shares of Sprouts Farmers Market in the first quarter valued at about $36,000. Brooklyn Investment Group raised its holdings in shares of Sprouts Farmers Market by 12,100.0% in the first quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock valued at $37,000 after buying an additional 242 shares during the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in shares of Sprouts Farmers Market by 520.8% in the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock valued at $49,000 after buying an additional 250 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SFM. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Sprouts Farmers Market in a report on Tuesday, October 14th. The Goldman Sachs Group reduced their target price on shares of Sprouts Farmers Market from $209.00 to $178.00 and set a “buy” rating for the company in a report on Wednesday. JPMorgan Chase & Co. reduced their target price on shares of Sprouts Farmers Market from $159.00 to $124.00 and set a “neutral” rating for the company in a report on Thursday. Evercore ISI cut their price target on shares of Sprouts Farmers Market from $185.00 to $180.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Barclays raised shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $173.00 to $185.00 in a report on Thursday, July 31st. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Moderate Buy” and a consensus price target of $165.79.

Insider Buying and Selling

In other Sprouts Farmers Market news, insider Dustin Hamilton sold 7,200 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $138.95, for a total value of $1,000,440.00. Following the completion of the transaction, the insider directly owned 16,349 shares of the company’s stock, valued at approximately $2,271,693.55. This trade represents a 30.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Joe Fortunato sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $147.57, for a total transaction of $1,475,700.00. Following the completion of the transaction, the director directly owned 18,164 shares of the company’s stock, valued at approximately $2,680,461.48. This trade represents a 35.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,429 shares of company stock valued at $5,351,362 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Sprouts Farmers Market Trading Down 1.9%

Shares of Sprouts Farmers Market stock opened at $106.25 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $98.75 and a 12-month high of $182.00. The stock has a market cap of $10.38 billion, a PE ratio of 21.86, a price-to-earnings-growth ratio of 1.22 and a beta of 0.77. The company has a 50-day moving average of $123.62 and a two-hundred day moving average of $148.67.

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

Sprouts Farmers Market announced that its board has approved a stock repurchase plan on Tuesday, August 19th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Sprouts Farmers Market Company 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.