AMF Tjanstepension AB cut its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 19.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 832,765 shares of the company’s stock after selling 203,477 shares during the quarter. AMF Tjanstepension AB’s holdings in Sprouts Farmers Market were worth $66,346,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in SFM. Bank of America Corp DE increased its holdings in shares of Sprouts Farmers Market by 137.0% during the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after acquiring an additional 1,494,014 shares during the last quarter. Voloridge Investment Management LLC increased its holdings in shares of Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock worth $153,544,000 after acquiring an additional 1,223,753 shares during the last quarter. Two Sigma Investments LP increased its holdings in shares of Sprouts Farmers Market by 185.2% during the 3rd quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company’s stock worth $141,526,000 after acquiring an additional 844,717 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Sprouts Farmers Market by 39.1% during the 4th quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock worth $186,647,000 after acquiring an additional 653,206 shares during the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in shares of Sprouts Farmers Market by 67.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,136,615 shares of the company’s stock worth $123,664,000 after acquiring an additional 458,159 shares during the last quarter.
Analysts Set New Price Targets
A number of research analysts recently weighed in on SFM shares. Barclays decreased their target price on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. JPMorgan Chase & Co. boosted their target price on Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Bank of America decreased their target price on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Wells Fargo & Company reduced their price target on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Finally, Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a research note on Monday, April 6th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $96.08.
Sprouts Farmers Market Stock Performance
SFM opened at $88.39 on Tuesday. The business has a fifty day simple moving average of $78.30 and a 200 day simple moving average of $77.67. The company has a market capitalization of $8.31 billion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 1.81 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $182.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. Research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.
Insider Activity
In other news, insider Joseph L. Hurley sold 323 shares of the company’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $27,122.31. Following the completion of the sale, the insider directly owned 28,282 shares in the company, valued at approximately $2,374,839.54. This represents a 1.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Kim Coffin sold 313 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $83.97, for a total value of $26,282.61. Following the sale, the senior vice president owned 23,332 shares of the company’s stock, valued at approximately $1,959,188.04. The trade was a 1.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 130,156 shares of company stock worth $10,600,146. 1.30% of the stock is owned by insiders.
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.
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