Calamos Advisors LLC Sells 2,215 Shares of Sprouts Farmers Market, Inc. $SFM

Calamos Advisors LLC decreased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 20.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,880 shares of the company’s stock after selling 2,215 shares during the period. Calamos Advisors LLC’s holdings in Sprouts Farmers Market were worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in Sprouts Farmers Market during the 1st quarter worth approximately $35,000. SVB Wealth LLC acquired a new position in Sprouts Farmers Market in the first quarter worth $36,000. Brooklyn Investment Group boosted its stake in Sprouts Farmers Market by 12,100.0% in the first quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock worth $37,000 after purchasing an additional 242 shares in the last quarter. Global Trust Asset Management LLC grew its holdings in shares of Sprouts Farmers Market by 520.8% during the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock worth $49,000 after purchasing an additional 250 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Sprouts Farmers Market by 60.5% in the second quarter. Cullen Frost Bankers Inc. now owns 419 shares of the company’s stock valued at $69,000 after buying an additional 158 shares in the last quarter.

Insider Buying and Selling

In related news, insider Dustin Hamilton sold 7,200 shares of Sprouts Farmers Market stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $138.95, for a total transaction of $1,000,440.00. Following the completion of the sale, the insider directly owned 16,349 shares of the company’s stock, valued at $2,271,693.55. The trade was a 30.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO James H. Bahrenburg sold 4,292 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $137.06, for a total value of $588,261.52. Following the completion of the transaction, the chief technology officer directly owned 9,167 shares in the company, valued at $1,256,429.02. The trade was a 31.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,447 shares of company stock valued at $2,800,812 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Trading Up 0.1%

Shares of NASDAQ SFM opened at $81.79 on Friday. Sprouts Farmers Market, Inc. has a 1 year low of $75.75 and a 1 year high of $182.00. The firm’s 50-day moving average is $106.23 and its 200-day moving average is $140.86. The firm has a market capitalization of $7.96 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.18 and a beta of 0.72.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.05. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.83%. The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same period in the prior year, the business posted $0.91 earnings per share. Sprouts Farmers Market’s revenue was up 13.1% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS. Q4 2025 guidance at 0.860-0.900 EPS. As a group, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 19th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

SFM has been the topic of several research reports. Jefferies Financial Group upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research report on Friday, August 1st. Evercore ISI dropped their target price on shares of Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, October 27th. Zacks Research lowered shares of Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a research report on Friday, October 31st. The Goldman Sachs Group decreased their price target on shares of Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Finally, Roth Capital reissued a “neutral” rating and issued a $91.00 price target on shares of Sprouts Farmers Market in a report on Thursday, October 30th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $137.86.

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.