Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report)’s stock price rose 5.2% on Thursday after an insider bought additional shares in the company. The stock traded as high as $78.84 and last traded at $79.2570. Approximately 371,056 shares were traded during trading, a decline of 88% from the average daily volume of 3,018,105 shares. The stock had previously closed at $75.35.
Specifically, Director Kristen E. Blum bought 1,325 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was purchased at an average cost of $76.00 per share, for a total transaction of $100,700.00. Following the acquisition, the director owned 54,407 shares of the company’s stock, valued at $4,134,932. The trade was a 2.50% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Joel D. Anderson purchased 4,400 shares of Sprouts Farmers Market stock in a transaction on Monday, March 9th. The stock was acquired at an average cost of $77.17 per share, for a total transaction of $339,548.00. Following the acquisition, the director directly owned 24,802 shares of the company’s stock, valued at approximately $1,913,970.34. This represents a 21.57% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the stock. 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 note on Thursday, January 8th. Evercore upgraded Sprouts Farmers Market to a “strong-buy” rating in a report on Friday, February 20th. JPMorgan Chase & Co. dropped their price target on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, December 29th. Finally, Royal Bank Of Canada reduced their price objective on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Moderate Buy” and a consensus price target of $101.75.
Sprouts Farmers Market Stock Up 4.6%
The firm has a fifty day moving average price of $73.31 and a 200-day moving average price of $91.39. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. The firm has a market cap of $7.46 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.62 and a beta of 0.76.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating 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 firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. During the same period in the prior year, the firm posted $0.79 earnings per share. The business’s quarterly revenue 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. As a group, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Focus Partners Wealth purchased a new stake in Sprouts Farmers Market in the first quarter valued at approximately $400,000. Savant Capital LLC boosted its holdings in shares of Sprouts Farmers Market by 10.6% in the 2nd quarter. Savant Capital LLC now owns 1,852 shares of the company’s stock valued at $305,000 after purchasing an additional 177 shares during the last quarter. Illinois Municipal Retirement Fund grew its stake in shares of Sprouts Farmers Market by 166.0% during the 2nd quarter. Illinois Municipal Retirement Fund now owns 22,547 shares of the company’s stock valued at $3,712,000 after buying an additional 14,072 shares during the period. Allworth Financial LP increased its holdings in shares of Sprouts Farmers Market by 57.7% during the 2nd quarter. Allworth Financial LP now owns 738 shares of the company’s stock worth $122,000 after buying an additional 270 shares during the last quarter. Finally, Vise Technologies Inc. purchased a new position in shares of Sprouts Farmers Market in the 2nd quarter worth $944,000.
About Sprouts Farmers Market
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.
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