Sprouts Farmers Market, Inc. $SFM Shares Sold by Measured Risk Portfolios Inc.

Measured Risk Portfolios Inc. lowered its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 0.5% in the second quarter, Holdings Channel.com reports. The fund owned 51,044 shares of the company’s stock after selling 235 shares during the quarter. Sprouts Farmers Market makes up approximately 8.1% of Measured Risk Portfolios Inc.’s portfolio, making the stock its 2nd biggest holding. Measured Risk Portfolios Inc.’s holdings in Sprouts Farmers Market were worth $8,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in SFM. Dogwood Wealth Management LLC acquired a new position in shares of Sprouts Farmers Market during the first quarter valued at approximately $30,000. Truvestments Capital LLC acquired a new position in shares of Sprouts Farmers Market during the first quarter valued at approximately $35,000. SVB Wealth LLC acquired a new position in shares of Sprouts Farmers Market during the first quarter valued at approximately $36,000. Brooklyn Investment Group raised its holdings in shares of Sprouts Farmers Market by 12,100.0% during the first quarter. Brooklyn Investment Group now owns 244 shares of the company’s stock valued at $37,000 after acquiring an additional 242 shares during the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in shares of Sprouts Farmers Market by 520.8% during 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 last quarter.

Insider Buying and Selling

In related news, Director Joe Fortunato sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $147.57, for a total value of $1,475,700.00. Following the completion of the transaction, the director directly owned 18,164 shares in the company, valued at approximately $2,680,461.48. This represents a 35.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Dustin Hamilton sold 7,200 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $138.95, for a total value of $1,000,440.00. Following the completion of the transaction, the insider owned 16,349 shares of the company’s stock, valued at $2,271,693.55. The trade was a 30.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 37,561 shares of company stock valued at $5,499,641 in the last ninety days. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

SFM has been the subject of a number of research analyst reports. Wells Fargo & Company raised Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $175.00 to $180.00 in a report on Tuesday, August 5th. Royal Bank Of Canada upped their price target on Sprouts Farmers Market from $173.00 to $176.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Jefferies Financial Group upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research report on Friday, August 1st. JPMorgan Chase & Co. began coverage on Sprouts Farmers Market in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $159.00 price target for the company. Finally, Barclays upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $173.00 to $185.00 in a research report on Thursday, July 31st. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of “Moderate Buy” and a consensus target price of $177.21.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $105.93 on Friday. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.20 and a beta of 0.77. Sprouts Farmers Market, Inc. has a fifty-two week low of $102.40 and a fifty-two week high of $182.00. The stock has a 50 day moving average of $136.66 and a 200 day moving average of $152.94.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.12. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.16 billion. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The firm’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market declared that its board has approved a stock repurchase program on Tuesday, August 19th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

About Sprouts Farmers Market

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.