Dakota Wealth Management Sells 14,865 Shares of Sprouts Farmers Market, Inc. $SFM

Dakota Wealth Management decreased its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 67.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,297 shares of the company’s stock after selling 14,865 shares during the quarter. Dakota Wealth Management’s holdings in Sprouts Farmers Market were worth $794,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Marshall Wace LLP raised its position in Sprouts Farmers Market by 12.3% during the second quarter. Marshall Wace LLP now owns 2,314,665 shares of the company’s stock valued at $381,086,000 after purchasing an additional 252,699 shares in the last quarter. Invesco Ltd. lifted its stake in Sprouts Farmers Market by 52.8% during the second quarter. Invesco Ltd. now owns 2,131,607 shares of the company’s stock worth $350,948,000 after purchasing an additional 737,008 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of Sprouts Farmers Market by 157.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,248,891 shares of the company’s stock valued at $205,617,000 after purchasing an additional 763,422 shares in the last quarter. Finally, Man Group plc increased its stake in shares of Sprouts Farmers Market by 44.6% in the 2nd quarter. Man Group plc now owns 1,222,468 shares of the company’s stock valued at $201,267,000 after purchasing an additional 377,028 shares during the last quarter.

Sprouts Farmers Market Stock Up 2.7%

Shares of NASDAQ:SFM opened at $75.74 on Friday. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $182.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.44. The business’s 50-day moving average is $73.91 and its 200-day moving average is $96.26. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 14.29, a P/E/G ratio of 1.59 and a beta of 0.75.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The business had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the firm posted $0.79 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. Equities research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider John Scott Neal sold 17,471 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the transaction, the insider owned 14,178 shares in the company, valued at approximately $1,207,965.60. This represents a 55.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Alisa Gmelich sold 3,161 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $79.39, for a total value of $250,951.79. Following the completion of the sale, the chief marketing officer owned 5,552 shares of the company’s stock, valued at approximately $440,773.28. This represents a 36.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, December 29th. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Bank of America dropped their price target on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, Wells Fargo & Company reduced their price objective on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and an average target price of $108.15.

Sprouts Farmers Market Company Profile

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.