AMF Tjanstepension AB Acquires Shares of 9,595 Sprouts Farmers Market, Inc. $SFM

AMF Tjanstepension AB acquired a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 9,595 shares of the company’s stock, valued at approximately $1,580,000.

Several other large investors have also bought and sold shares of the company. Unified Investment Management boosted its position in Sprouts Farmers Market by 0.9% during the 2nd quarter. Unified Investment Management now owns 7,326 shares of the company’s stock valued at $1,206,000 after acquiring an additional 65 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in Sprouts Farmers Market by 1.2% during the 1st quarter. Crossmark Global Holdings Inc. now owns 7,201 shares of the company’s stock valued at $1,099,000 after acquiring an additional 84 shares in the last quarter. Greenleaf Trust boosted its position in shares of Sprouts Farmers Market by 3.3% in the 2nd quarter. Greenleaf Trust now owns 2,750 shares of the company’s stock worth $453,000 after purchasing an additional 89 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Sprouts Farmers Market by 2.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 4,899 shares of the company’s stock worth $748,000 after purchasing an additional 99 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC boosted its position in shares of Sprouts Farmers Market by 3.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 3,492 shares of the company’s stock worth $533,000 after purchasing an additional 102 shares in the last quarter.

Sprouts Farmers Market Trading Up 0.6%

SFM stock opened at $105.93 on Friday. The stock has a market capitalization of $10.35 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 1.20 and a beta of 0.77. Sprouts Farmers Market, Inc. has a 12-month low of $102.40 and a 12-month high of $182.00. The stock’s 50 day simple moving average is $136.66 and its 200 day simple moving average is $152.94.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.12. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 17.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.94 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market announced that its board has approved a stock repurchase program on Tuesday, August 19th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

SFM has been the topic of a number of analyst reports. Royal Bank Of Canada boosted their price target on Sprouts Farmers Market from $173.00 to $176.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Sprouts Farmers Market in a research report on Saturday, September 27th. UBS Group set a $180.00 price target on Sprouts Farmers Market in a research report on Thursday, July 31st. 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 research report on Friday, August 1st. Finally, Barclays raised Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $173.00 to $185.00 in a research report on Thursday, July 31st. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.21.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joe Fortunato sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $147.57, for a total transaction of $1,475,700.00. Following the completion of the sale, the director directly owned 18,164 shares in the company, valued at approximately $2,680,461.48. The trade was a 35.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Dustin Hamilton sold 7,200 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $138.95, for a total transaction of $1,000,440.00. Following the sale, the insider owned 16,349 shares of the company’s stock, valued at approximately $2,271,693.55. This represents a 30.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 37,561 shares of company stock worth $5,499,641. 1.10% of the stock is owned by corporate insiders.

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.