Monaco Asset Management SAM purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $1,593,000.
Several other hedge funds have also recently added to or reduced their stakes in SFM. Norges Bank bought a new stake in Sprouts Farmers Market during the fourth quarter worth about $161,398,000. Bank of America Corp DE lifted its stake in Sprouts Farmers Market by 137.0% during the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after purchasing an additional 1,494,014 shares during the last quarter. Voloridge Investment Management LLC lifted its stake in Sprouts Farmers Market by 652.7% during the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock worth $153,544,000 after purchasing an additional 1,223,753 shares during the last quarter. Two Sigma Investments LP lifted its stake in Sprouts Farmers Market by 185.2% during the third quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company’s stock worth $141,526,000 after purchasing an additional 844,717 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in Sprouts Farmers Market by 39.1% during the fourth quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock worth $186,647,000 after purchasing an additional 653,206 shares during the last quarter.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. Bank of America dropped their price target on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, February 20th. The Goldman Sachs Group set a $111.00 price target on Sprouts Farmers Market in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Friday, March 27th. Roth Mkm reissued a “neutral” rating and issued a $74.00 target price on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Finally, Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $96.08.
Sprouts Farmers Market Stock Performance
NASDAQ SFM opened at $82.62 on Monday. The stock has a 50-day moving average of $79.56 and a 200-day moving average of $77.94. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $182.00. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The firm has a market cap of $7.77 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share 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 analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior 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. As a group, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.
Insider Activity
In other news, insider David Mcglinchey sold 4,872 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $393,755.04. Following the completion of the transaction, the insider directly owned 48,737 shares of the company’s stock, valued at approximately $3,938,924.34. This represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Nicholas Konat sold 10,123 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $818,140.86. Following the transaction, the chief operating officer directly owned 80,139 shares of the company’s stock, valued at approximately $6,476,833.98. This trade represents a 11.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 130,156 shares of company stock valued at $10,600,146. 1.30% of the stock is owned by corporate 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.
Featured Articles
- Five stocks we like better than Sprouts Farmers Market
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report).
Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.
