59,534 Shares in Sprouts Farmers Market, Inc. $SFM Bought by Prosperitas Financial LLC

Prosperitas Financial LLC purchased a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 59,534 shares of the company’s stock, valued at approximately $5,035,000. Sprouts Farmers Market makes up about 1.6% of Prosperitas Financial LLC’s investment portfolio, making the stock its 21st biggest position.

Other institutional investors have also bought and sold shares of the company. MML Investors Services LLC grew its stake in shares of Sprouts Farmers Market by 0.6% in the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after buying an additional 139 shares during the last quarter. Legacy Wealth Asset Management LLC raised its position in shares of Sprouts Farmers Market by 2.9% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock valued at $472,000 after buying an additional 155 shares in the last quarter. Clearstead Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Sprouts Farmers Market by 4.3% in the 4th quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock valued at $327,000 after acquiring an additional 171 shares during the last quarter.

Insider Activity

In related news, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. The trade was a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the transaction, the director owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. The trade was a 15.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 58,289 shares of company stock valued at $4,991,405. 1.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. JPMorgan Chase & Co. raised Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. Roth Capital set a $82.00 target price on Sprouts Farmers Market in a research report on Friday, July 31st. Finally, UBS Group boosted their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $91.58.

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock opened at $81.46 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $141.78. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average price of $81.82 and a 200-day moving average price of $79.55. The firm has a market capitalization of $7.60 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.01 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.35 EPS. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. As a group, equities research analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

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.