Sprouts Farmers Market, Inc. $SFM Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC raised its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 509.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 232,390 shares of the company’s stock after purchasing an additional 194,289 shares during the period. Los Angeles Capital Management LLC owned about 0.24% of Sprouts Farmers Market worth $38,261,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SFM. Truvestments Capital LLC acquired a new position in shares of Sprouts Farmers Market in the 1st quarter valued at about $35,000. SVB Wealth LLC bought a new position in Sprouts Farmers Market in the first quarter worth about $36,000. Brooklyn Investment Group lifted its holdings 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 acquiring an additional 242 shares during the last quarter. Global Trust Asset Management LLC boosted its stake in Sprouts Farmers Market by 520.8% in the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock valued at $49,000 after acquiring an additional 250 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its stake in 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 acquiring an additional 158 shares during the period.

Insider Buying and Selling

In other news, CTO James H. Bahrenburg sold 4,292 shares of the company’s stock in a transaction that occurred on 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 sale, the chief technology officer directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Kim Coffin sold 651 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $141.58, for a total transaction of $92,168.58. Following the transaction, the senior vice president owned 11,235 shares in the company, valued at $1,590,651.30. This represents a 5.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 31,447 shares of company stock worth $4,276,512. Company insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $78.80 on Friday. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of 15.24, a PEG ratio of 1.18 and a beta of 0.72. Sprouts Farmers Market, Inc. has a 1 year low of $75.75 and a 1 year high of $182.00. The business has a fifty day moving average of $112.11 and a 200-day moving average of $143.71.

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

Sprouts Farmers Market announced that its board has approved 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Jefferies Financial Group raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Friday, August 1st. Roth Capital reaffirmed a “neutral” rating and issued a $91.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. Barclays cut their target price on Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. The Goldman Sachs Group reduced their price target on shares of Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Sprouts Farmers Market has an average rating of “Moderate Buy” and an average price target of $137.86.

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.