New York State Teachers Retirement System Sells 6,377 Shares of Sprouts Farmers Market, Inc. $SFM

New York State Teachers Retirement System trimmed its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 7.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,868 shares of the company’s stock after selling 6,377 shares during the quarter. New York State Teachers Retirement System owned 0.09% of Sprouts Farmers Market worth $6,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the second quarter worth about $29,000. TD Private Client Wealth LLC lifted its stake in shares of Sprouts Farmers Market by 1,309.1% in the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after purchasing an additional 288 shares during the period. Sound Income Strategies LLC bought a new position in shares of Sprouts Farmers Market in the 4th quarter worth approximately $27,000. Clearstead Advisors LLC boosted its holdings in shares of Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 160 shares during the last quarter. Finally, FWL Investment Management LLC boosted its holdings in shares of Sprouts Farmers Market by 72.5% in the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock worth $46,000 after buying an additional 179 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SFM. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. JPMorgan Chase & Co. boosted their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research note on Monday, April 6th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $96.08.

Get Our Latest Analysis on SFM

Sprouts Farmers Market Stock Down 2.9%

SFM opened at $84.09 on Wednesday. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 1.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. The firm’s fifty day moving average is $83.51 and its 200 day moving average is $78.25. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $171.15.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $1.81 earnings per share. 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. On average, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the sale, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $22,149,159.20. The trade was a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,522 shares of company stock worth $2,958,303 in the last three months. 1.30% of the stock is owned by company insiders.

About Sprouts Farmers Market

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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.