7,611 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,611 shares of the company’s stock, valued at approximately $644,000.

A number of other large investors also recently added to or reduced their stakes in the business. Evolve Private Wealth LLC purchased a new stake in Sprouts Farmers Market during the 2nd quarter valued at approximately $280,000. Ieq Capital LLC bought a new stake in shares of Sprouts Farmers Market during the second quarter valued at approximately $303,000. Callan Family Office LLC purchased a new position in shares of Sprouts Farmers Market in the second quarter worth $948,000. Keebeck Wealth Management bought a new position in shares of Sprouts Farmers Market during the second quarter worth $523,000. Finally, Keating Financial Advisory Services Inc. bought a new position in shares of Sprouts Farmers Market during the second quarter worth $127,000.

Analyst Upgrades and Downgrades

SFM has been the topic of a number of research reports. JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. UBS Group raised their price objective on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Roth Capital set a $82.00 target price on Sprouts Farmers Market in a report on Friday, July 31st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprouts Farmers Market has an average rating of “Hold” and a consensus target price of $91.58.

View Our Latest Analysis on Sprouts Farmers Market

Insider Buying and Selling at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction dated 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 transaction, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the transaction, the chief executive officer owned 269,980 shares in the company, valued at $22,149,159.20. The trade was a 3.84% decrease in their ownership of the stock. 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 have sold 58,289 shares of company stock worth $4,991,405 over the last quarter. Insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Trading Up 1.0%

Shares of NASDAQ SFM opened at $86.83 on Thursday. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $145.58. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. The business’s 50 day moving average is $81.79 and its two-hundred day moving average is $79.44. The stock has a market capitalization of $8.10 billion, a P/E ratio of 16.63, a PEG ratio of 2.13 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the company earned $1.35 EPS. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. As a group, research analysts expect that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

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.

Further Reading

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.