Sprouts Farmers Market, Inc. $SFM Stock Holdings Trimmed by Measured Risk Portfolios Inc.

Measured Risk Portfolios Inc. trimmed its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,044 shares of the company’s stock after selling 235 shares during the quarter. Sprouts Farmers Market accounts for about 8.1% of Measured Risk Portfolios Inc.’s portfolio, making the stock its 2nd largest position. Measured Risk Portfolios Inc. owned approximately 0.05% of Sprouts Farmers Market worth $8,404,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SFM. Dogwood Wealth Management LLC purchased a new stake in Sprouts Farmers Market during the 1st quarter valued at about $30,000. Truvestments Capital LLC purchased a new stake in Sprouts Farmers Market during the 1st quarter valued at about $35,000. SVB Wealth LLC purchased a new stake in Sprouts Farmers Market during the 1st quarter valued at about $36,000. Brooklyn Investment Group grew its stake in Sprouts Farmers Market by 12,100.0% during the 1st quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock valued at $37,000 after purchasing an additional 242 shares during the last quarter. Finally, Global Trust Asset Management LLC grew its stake in Sprouts Farmers Market by 520.8% during the 2nd quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock valued at $49,000 after purchasing an additional 250 shares during the last quarter.

Wall Street Analyst Weigh In

SFM has been the topic of several research analyst reports. JPMorgan Chase & Co. initiated coverage on Sprouts Farmers Market in a research note on Wednesday, August 20th. They set a “neutral” rating and a $159.00 price target on the stock. Jefferies Financial Group upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research note on Friday, August 1st. UBS Group set a $180.00 price target on Sprouts Farmers Market in a research note on Thursday, July 31st. Royal Bank Of Canada boosted their price target on 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. Finally, Barclays upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $173.00 to $185.00 in a research note on Thursday, July 31st. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $177.21.

Insider Buying and Selling

In related news, Director Joe Fortunato sold 10,000 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $147.57, for a total value of $1,475,700.00. Following the completion of the transaction, the director owned 18,164 shares of the company’s stock, valued at approximately $2,680,461.48. This represents a 35.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at $24,218,964. The trade was a 2.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,561 shares of company stock worth $5,499,641 in the last ninety days. 1.10% of the stock is owned by corporate insiders.

Sprouts Farmers Market Stock Up 0.6%

Shares of SFM opened at $105.93 on Friday. Sprouts Farmers Market, Inc. has a 52 week low of $102.40 and a 52 week high of $182.00. The company has a market capitalization of $10.35 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.20 and a beta of 0.77. The stock’s 50-day moving average price is $136.66 and its 200-day moving average price is $152.94.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.12. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.16 billion. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The company’s revenue was up 17.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.94 earnings per share. 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, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Sprouts Farmers Market declared that its board has authorized a share repurchase program on Tuesday, August 19th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Sprouts Farmers Market Company 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.