AXQ Capital LP Purchases New Position in Sprouts Farmers Market, Inc. $SFM

AXQ Capital LP bought a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,046 shares of the company’s stock, valued at approximately $767,000.

Other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. purchased a new stake in shares of Sprouts Farmers Market in the 2nd quarter valued at approximately $29,000. Root Financial Partners LLC purchased a new stake in Sprouts Farmers Market during the 3rd quarter worth about $26,000. Smartleaf Asset Management LLC increased its stake in Sprouts Farmers Market by 98.6% in the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after purchasing an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Sprouts Farmers Market during the third quarter worth $33,000. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Sprouts Farmers Market by 60.5% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 419 shares of the company’s stock worth $69,000 after buying an additional 158 shares in the last quarter.

Analyst Ratings Changes

SFM has been the subject of several research reports. The Goldman Sachs Group set a $111.00 price target on Sprouts Farmers Market in a research note on Friday. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective for the company. in a report on Thursday, January 8th. Finally, Wells Fargo & Company decreased their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Sprouts Farmers Market presently has a consensus rating of “Moderate Buy” and an average target price of $108.15.

Read Our Latest Research Report on SFM

Sprouts Farmers Market Stock Up 6.0%

NASDAQ SFM opened at $71.50 on Tuesday. The company has a market capitalization of $6.96 billion, a P/E ratio of 13.49, a PEG ratio of 0.74 and a beta of 0.75. 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 company’s 50 day simple moving average is $74.25 and its 200 day simple moving average is $97.10. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $182.00.

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

Insider Transactions at Sprouts Farmers Market

In other news, insider John Scott Neal sold 17,471 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. This represents a 55.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CMO Alisa Gmelich sold 3,161 shares of the business’s stock in a transaction that occurred on 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 directly owned 5,552 shares of the company’s stock, valued at approximately $440,773.28. The trade was a 36.28% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Profile

(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

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

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