ABN Amro Investment Solutions Invests $22.10 Million in Sprouts Farmers Market, Inc. $SFM

ABN Amro Investment Solutions acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 134,204 shares of the company’s stock, valued at approximately $22,095,000. ABN Amro Investment Solutions owned about 0.14% of Sprouts Farmers Market as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Unified Investment Management grew its position in shares of Sprouts Farmers Market by 0.9% in the 2nd quarter. Unified Investment Management now owns 7,326 shares of the company’s stock worth $1,206,000 after acquiring an additional 65 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Sprouts Farmers Market by 0.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 10,355 shares of the company’s stock valued at $1,691,000 after acquiring an additional 65 shares in the last quarter. Rossby Financial LCC lifted its stake in Sprouts Farmers Market by 2.3% during the second quarter. Rossby Financial LCC now owns 3,059 shares of the company’s stock worth $504,000 after purchasing an additional 68 shares during the last quarter. Bessemer Group Inc. lifted its stake in Sprouts Farmers Market by 2.2% during the second quarter. Bessemer Group Inc. now owns 3,335 shares of the company’s stock worth $549,000 after purchasing an additional 73 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in Sprouts Farmers Market by 2.3% in the second quarter. Nisa Investment Advisors LLC now owns 3,307 shares of the company’s stock worth $544,000 after purchasing an additional 75 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on SFM shares. JPMorgan Chase & Co. dropped their target price on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Zacks Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a research report on Friday, October 31st. Weiss Ratings lowered shares of Sprouts Farmers Market from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, October 30th. Royal Bank Of Canada cut their target price on shares of Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Finally, Barclays lowered their target price on Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $137.86.

Insiders Place Their Bets

In related news, insider Dustin Hamilton sold 7,200 shares of Sprouts Farmers Market stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $138.95, for a total transaction of $1,000,440.00. Following the sale, the insider directly owned 16,349 shares in the company, valued at $2,271,693.55. The trade was a 30.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO James H. Bahrenburg sold 4,292 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $137.06, for a total transaction of $588,261.52. Following the completion of the transaction, the chief technology officer owned 9,167 shares of the company’s stock, valued at $1,256,429.02. This represents a 31.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 21,447 shares of company stock worth $2,800,812. Insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Up 5.3%

Sprouts Farmers Market stock opened at $82.12 on Thursday. Sprouts Farmers Market, Inc. has a 52-week low of $75.75 and a 52-week high of $182.00. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 1.18 and a beta of 0.72. The firm has a 50-day moving average price of $108.54 and a two-hundred day moving average price of $141.89.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The company had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.83% and a net margin of 5.93%.The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS. Q4 2025 guidance at 0.860-0.900 EPS. Research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market announced that its board has approved a share repurchase program on Tuesday, August 19th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

About Sprouts Farmers Market

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.