Sprouts Farmers Market, Inc. $SFM Shares Purchased by Bayforest Capital Ltd

Bayforest Capital Ltd raised its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 394.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,478 shares of the company’s stock after buying an additional 5,169 shares during the quarter. Sprouts Farmers Market accounts for 0.5% of Bayforest Capital Ltd’s portfolio, making the stock its 27th largest position. Bayforest Capital Ltd’s holdings in Sprouts Farmers Market were worth $1,067,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of SFM. Wellington Management Group LLP lifted its stake in Sprouts Farmers Market by 300.3% during the first quarter. Wellington Management Group LLP now owns 1,037,187 shares of the company’s stock valued at $158,316,000 after buying an additional 778,079 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Sprouts Farmers Market in the first quarter worth approximately $106,852,000. Westfield Capital Management Co. LP purchased a new stake in shares of Sprouts Farmers Market in the first quarter worth approximately $71,699,000. Alyeska Investment Group L.P. purchased a new stake in shares of Sprouts Farmers Market in the first quarter worth approximately $55,711,000. Finally, Raiffeisen Bank International AG purchased a new stake in shares of Sprouts Farmers Market in the first quarter worth approximately $23,434,000.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ SFM opened at $106.59 on Tuesday. The stock has a market cap of $10.42 billion, a PE ratio of 21.93, a PEG ratio of 1.16 and a beta of 0.77. The business has a fifty day moving average of $130.43 and a two-hundred day moving average of $151.21. Sprouts Farmers Market, Inc. has a 52-week low of $98.75 and a 52-week high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.12. The company had revenue of $2.22 billion during 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 was up 17.3% on a year-over-year basis. During the same period last 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. Analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market announced that its Board of Directors has approved a share buyback program on Tuesday, August 19th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wells Fargo & Company raised shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $175.00 to $180.00 in a research report on Tuesday, August 5th. Royal Bank Of Canada set a $148.00 price target on Sprouts Farmers Market and gave the company an “outperform” rating in a report on Monday. UBS Group set a $180.00 price objective on Sprouts Farmers Market in a research report on Thursday, July 31st. Jefferies Financial Group raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research report on Friday, August 1st. Finally, Evercore ISI reduced their target price on Sprouts Farmers Market from $190.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, October 3rd. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $175.21.

Insider Buying and Selling

In other news, Director Joe Fortunato sold 10,000 shares of the firm’s stock in a transaction on 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 sale, the director directly owned 18,164 shares in the company, valued at approximately $2,680,461.48. This trade represents a 35.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jack Sinclair sold 4,045 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $103.00, for a total value of $416,635.00. Following the completion of the sale, the chief executive officer owned 174,740 shares of the company’s stock, valued at approximately $17,998,220. This trade represents a 2.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 37,561 shares of company stock valued at $5,257,184 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

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.