Future Fund LLC Invests $1.09 Million in Sprouts Farmers Market, Inc. $SFM

Future Fund LLC bought a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,608 shares of the company’s stock, valued at approximately $1,088,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SFM. Dimensional Fund Advisors LP increased its position in Sprouts Farmers Market by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,217,900 shares of the company’s stock valued at $338,481,000 after acquiring an additional 15,930 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Sprouts Farmers Market by 2.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,331,176 shares of the company’s stock worth $203,191,000 after purchasing an additional 36,548 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of 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 purchasing an additional 778,079 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Sprouts Farmers Market by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 997,152 shares of the company’s stock valued at $152,205,000 after purchasing an additional 10,059 shares during the last quarter. Finally, Driehaus Capital Management LLC increased its holdings in shares of Sprouts Farmers Market by 3.0% in the first quarter. Driehaus Capital Management LLC now owns 971,380 shares of the company’s stock valued at $148,271,000 after purchasing an additional 28,595 shares in the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 4,045 shares of Sprouts Farmers Market stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $138.60, for a total transaction of $560,637.00. Following the transaction, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at $24,218,964. This trade represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO James H. Bahrenburg sold 4,292 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $137.06, for a total transaction of $588,261.52. Following the completion of the sale, the chief technology officer owned 9,167 shares of the company’s stock, valued at approximately $1,256,429.02. This represents a 31.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 31,447 shares of company stock worth $4,276,512 over the last ninety days. 1.10% of the stock is owned by corporate insiders.

Sprouts Farmers Market Stock Up 1.2%

NASDAQ:SFM opened at $78.80 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $75.75 and a 12-month high of $182.00. The stock’s fifty day simple moving average is $112.11 and its 200-day simple moving average is $143.71. The firm has a market capitalization of $7.67 billion, a P/E ratio of 15.24, a P/E/G ratio of 1.18 and a beta of 0.72.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results 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 return on equity of 38.83% and a net margin of 5.93%.The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. 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 expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market declared that its board has initiated a share repurchase plan on Tuesday, August 19th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Bank of America reduced their price objective on Sprouts Farmers Market from $200.00 to $160.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. BMO Capital Markets set a $90.00 target price on Sprouts Farmers Market in a research report on Thursday, October 30th. Weiss Ratings cut Sprouts Farmers Market from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, October 30th. UBS Group set a $108.00 price objective on Sprouts Farmers Market in a research report on Thursday, October 30th. Finally, Evercore ISI cut their target price on shares of Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating on the stock in a research report on Monday, October 27th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.