Sprouts Farmers Market, Inc. $SFM Shares Purchased by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA raised its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 101.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,241 shares of the company’s stock after acquiring an additional 3,137 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Sprouts Farmers Market were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Whipplewood Advisors LLC lifted its position in shares of Sprouts Farmers Market by 92.0% in the 1st quarter. Whipplewood Advisors LLC now owns 192 shares of the company’s stock valued at $29,000 after acquiring an additional 92 shares in the last quarter. Dogwood Wealth Management LLC bought a new position in shares of Sprouts Farmers Market in the 1st quarter valued at approximately $30,000. Truvestments Capital LLC bought a new position in shares of Sprouts Farmers Market in the first quarter valued at approximately $35,000. SVB Wealth LLC bought a new position in shares of Sprouts Farmers Market in the first quarter worth about $36,000. Finally, Brooklyn Investment Group increased its position in Sprouts Farmers Market by 12,100.0% in the 1st quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock worth $37,000 after buying an additional 242 shares during the period.

Sprouts Farmers Market Trading Down 0.2%

SFM stock opened at $119.38 on Wednesday. The stock’s fifty day simple moving average is $145.63 and its two-hundred day simple moving average is $154.48. The stock has a market cap of $11.67 billion, a P/E ratio of 24.56, a P/E/G ratio of 1.35 and a beta of 0.86. Sprouts Farmers Market, Inc. has a 1-year low of $107.36 and a 1-year high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.12. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The business’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.94 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. As a group, analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market announced that its Board of Directors has approved a stock repurchase plan on Tuesday, August 19th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other news, SVP Kim Coffin sold 651 shares of the business’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $141.58, for a total transaction of $92,168.58. Following the transaction, the senior vice president directly owned 11,235 shares of the company’s stock, valued at approximately $1,590,651.30. The trade was a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $138.60, for a total value of $560,637.00. Following the completion of the sale, the chief executive officer directly owned 174,740 shares in the company, valued at approximately $24,218,964. The trade was a 2.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 39,561 shares of company stock valued at $5,828,401 over the last three months. Corporate insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SFM. Royal Bank Of Canada upped their target price on shares of Sprouts Farmers Market from $173.00 to $176.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Wall Street Zen upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Sunday. JPMorgan Chase & Co. started coverage on shares of Sprouts Farmers Market in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $159.00 target price on the stock. Evercore ISI reduced their target price on Sprouts Farmers Market from $195.00 to $190.00 and set an “outperform” rating on the stock in a report on Tuesday, August 12th. Finally, Wells Fargo & Company raised shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $175.00 to $180.00 in a research report on Tuesday, August 5th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $178.64.

Sprouts Farmers Market Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.