Sprouts Farmers Market, Inc. $SFM Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 848.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,300 shares of the company’s stock after buying an additional 29,788 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Sprouts Farmers Market were worth $2,685,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SFM. Focus Partners Wealth acquired a new position in Sprouts Farmers Market during the first quarter valued at approximately $400,000. Lido Advisors LLC acquired a new position in Sprouts Farmers Market during the second quarter valued at approximately $203,000. First Trust Advisors LP lifted its position in Sprouts Farmers Market by 97.8% during the second quarter. First Trust Advisors LP now owns 245,102 shares of the company’s stock valued at $40,354,000 after buying an additional 121,179 shares in the last quarter. Baird Financial Group Inc. lifted its position in Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after buying an additional 1,534 shares in the last quarter. Finally, Brown Advisory Inc. lifted its position in Sprouts Farmers Market by 5.8% during the second quarter. Brown Advisory Inc. now owns 8,997 shares of the company’s stock valued at $1,481,000 after buying an additional 492 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SFM. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Friday, March 27th. JPMorgan Chase & Co. reduced their target price on shares of Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Evercore raised shares of Sprouts Farmers Market to a “strong-buy” rating in a research report on Friday, February 20th. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a research report on Monday. Finally, BMO Capital Markets reissued a “market perform” rating and set a $70.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $99.31.

Sprouts Farmers Market Stock Down 0.4%

Shares of NASDAQ:SFM opened at $77.12 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $74.17 and a 200 day simple moving average of $83.55. The firm has a market cap of $7.29 billion, a PE ratio of 14.55, a price-to-earnings-growth ratio of 1.67 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. During the same quarter in the previous year, the firm earned $0.79 earnings per share. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Insider Activity

In other Sprouts Farmers Market news, insider Timmi Zalatoris sold 426 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $78.52, for a total transaction of $33,449.52. Following the completion of the sale, the insider owned 13,045 shares in the company, valued at $1,024,293.40. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 3,201 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $83.97, for a total transaction of $268,787.97. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $22,670,220.60. The trade was a 1.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 129,750 shares of company stock valued at $10,566,838 over the last quarter. 1.10% of the stock is owned by company insiders.

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.