Ervin Investment Management LLC Purchases 158,709 Shares of Sprouts Farmers Market, Inc. $SFM

Ervin Investment Management LLC raised its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 5,380.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,659 shares of the company’s stock after buying an additional 158,709 shares during the quarter. Sprouts Farmers Market accounts for 6.0% of Ervin Investment Management LLC’s holdings, making the stock its 5th biggest holding. Ervin Investment Management LLC owned 0.17% of Sprouts Farmers Market worth $13,337,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SRH Advisors LLC grew its holdings in Sprouts Farmers Market by 485.0% in the 4th quarter. SRH Advisors LLC now owns 585 shares of the company’s stock valued at $47,000 after buying an additional 485 shares in the last quarter. Daytona Street Capital LLC bought a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at $159,000. Aaron Wealth Advisors LLC bought a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at $367,000. Sound Income Strategies LLC bought a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at $27,000. Finally, Signaturefd LLC lifted its position in shares of Sprouts Farmers Market by 8.8% during the 4th quarter. Signaturefd LLC now owns 3,461 shares of the company’s stock valued at $276,000 after acquiring an additional 281 shares during the period.

Sprouts Farmers Market Price Performance

Shares of SFM stock opened at $77.12 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $182.00. The company has a market cap of $7.29 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.67 and a beta of 0.67. The business has a fifty day simple moving average of $74.17 and a 200 day simple moving average of $83.55.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share 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 the consensus estimate of $2.15 billion. During the same period in the prior year, the company earned $0.79 EPS. Sprouts Farmers Market’s revenue for the quarter 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. On average, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on SFM shares. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a research report on Monday. Zacks Research upgraded Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Roth Mkm reiterated a “neutral” rating and set a $74.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 target price for the company. in a research report on Thursday, January 8th. Finally, Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $99.31.

Insider Buying and Selling

In other news, insider Joseph L. Hurley sold 323 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $83.97, for a total value of $27,122.31. Following the sale, the insider directly owned 28,282 shares in the company, valued at approximately $2,374,839.54. This trade represents a 1.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Timmi Zalatoris sold 426 shares of the firm’s stock in a transaction that occurred 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 approximately $1,024,293.40. The trade was a 3.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 129,750 shares of company stock worth $10,566,838 in the last quarter. Corporate insiders own 1.10% of the company’s stock.

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.