Campbell & CO Investment Adviser LLC Makes New $9.34 Million Investment in Sprouts Farmers Market, Inc. $SFM

Campbell & CO Investment Adviser LLC purchased a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 85,835 shares of the company’s stock, valued at approximately $9,339,000. Sprouts Farmers Market accounts for approximately 0.7% of Campbell & CO Investment Adviser LLC’s holdings, making the stock its 3rd largest position. Campbell & CO Investment Adviser LLC owned 0.09% of Sprouts Farmers Market as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SFM. Newbridge Financial Services Group Inc. acquired a new position in Sprouts Farmers Market in the second quarter valued at approximately $29,000. Global Trust Asset Management LLC raised its position in 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 purchasing an additional 250 shares during the period. Cullen Frost Bankers Inc. lifted its stake in shares of Sprouts Farmers Market by 60.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 419 shares of the company’s stock valued at $69,000 after purchasing an additional 158 shares during the last quarter. State of Wyoming purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $77,000. Finally, New Millennium Group LLC purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $81,000.

Sprouts Farmers Market News Roundup

Here are the key news stories impacting Sprouts Farmers Market this week:

Analyst Upgrades and Downgrades

SFM has been the topic of a number of recent analyst reports. BMO Capital Markets set a $90.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. Wall Street Zen downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Sunday, December 21st. Deutsche Bank Aktiengesellschaft cut shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective for the company. in a research report on Thursday, January 8th. UBS Group set a $108.00 target price on shares of Sprouts Farmers Market in a report on Thursday, October 30th. Finally, Bank of America decreased their price target on Sprouts Farmers Market from $200.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $130.57.

Check Out Our Latest Stock Report on SFM

Insider Activity

In related news, insider John Scott Neal sold 17,471 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total value of $1,488,529.20. Following the sale, the insider owned 14,178 shares of the company’s stock, valued at $1,207,965.60. This trade represents a 55.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CMO Alisa Gmelich sold 3,161 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.39, for a total transaction of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares of the company’s stock, valued at $440,773.28. This trade represents a 36.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $81.51 on Friday. Sprouts Farmers Market, Inc. has a 52 week low of $74.38 and a 52 week high of $182.00. The company has a fifty day simple moving average of $80.85 and a two-hundred day simple moving average of $114.96. The company has a quick ratio of 0.53, a current ratio of 1.05 and a debt-to-equity ratio of 0.04. The company has a market cap of $7.94 billion, a price-to-earnings ratio of 15.77, a price-to-earnings-growth ratio of 0.81 and a beta of 0.73.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same period last year, the business posted $0.91 earnings per share. Sprouts Farmers Market’s revenue was up 13.1% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. As a group, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

About Sprouts Farmers Market

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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