Yousif Capital Management LLC Decreases Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Yousif Capital Management LLC trimmed its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 4.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 33,844 shares of the company’s stock after selling 1,425 shares during the period. Yousif Capital Management LLC’s holdings in Sprouts Farmers Market were worth $5,572,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Unified Investment Management increased its stake in shares of Sprouts Farmers Market by 0.9% in the second quarter. Unified Investment Management now owns 7,326 shares of the company’s stock worth $1,206,000 after buying an additional 65 shares during the period. Crossmark Global Holdings Inc. increased its stake in shares of Sprouts Farmers Market by 1.2% in the first quarter. Crossmark Global Holdings Inc. now owns 7,201 shares of the company’s stock worth $1,099,000 after buying an additional 84 shares during the period. Greenleaf Trust increased its stake in shares of Sprouts Farmers Market by 3.3% in the second quarter. Greenleaf Trust now owns 2,750 shares of the company’s stock worth $453,000 after buying an additional 89 shares during the period. Avantax Advisory Services Inc. increased its stake in shares of Sprouts Farmers Market by 2.1% in the first quarter. Avantax Advisory Services Inc. now owns 4,899 shares of the company’s stock worth $748,000 after buying an additional 99 shares during the period. Finally, Linden Thomas Advisory Services LLC increased its stake in shares of Sprouts Farmers Market by 3.0% in the first quarter. Linden Thomas Advisory Services LLC now owns 3,492 shares of the company’s stock worth $533,000 after buying an additional 102 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wells Fargo & Company raised shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $175.00 to $180.00 in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. JPMorgan Chase & Co. initiated coverage on shares of Sprouts Farmers Market in a research report on Wednesday, August 20th. They set a “neutral” rating and a $159.00 price objective on the stock. Royal Bank Of Canada set a $148.00 price objective on shares of Sprouts Farmers Market and gave the company an “outperform” rating in a research report on Monday. Finally, Evercore ISI reduced their price objective on shares of Sprouts Farmers Market from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Tuesday. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $176.29.

Insider Buying and Selling

In related news, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $103.00, for a total value of $416,635.00. Following the transaction, the chief executive officer owned 174,740 shares in the company, valued at $17,998,220. The trade was a 2.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO James H. Bahrenburg sold 4,292 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $137.06, for a total transaction of $588,261.52. Following the completion of the transaction, the chief technology officer owned 9,167 shares in the company, valued at approximately $1,256,429.02. The trade was a 31.89% 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 $5,257,184 over the last quarter. 1.10% of the stock is owned by insiders.

Sprouts Farmers Market Trading Up 4.3%

Shares of SFM stock opened at $111.13 on Wednesday. Sprouts Farmers Market, Inc. has a 12 month low of $98.75 and a 12 month high of $182.00. The stock has a market cap of $10.86 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77. The company’s fifty day moving average price is $129.66 and its 200-day moving average price is $150.93.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.12. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the business posted $0.94 EPS. The company’s quarterly revenue was up 17.3% on a year-over-year basis. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. On average, sell-side analysts forecast 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 program on Tuesday, August 19th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

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.