MGO One Seven LLC Sells 10,814 Shares of Sprouts Farmers Market, Inc. $SFM

MGO One Seven LLC lowered its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 82.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,292 shares of the company’s stock after selling 10,814 shares during the period. MGO One Seven LLC’s holdings in Sprouts Farmers Market were worth $377,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sowell Financial Services LLC purchased a new position in Sprouts Farmers Market during the first quarter valued at $270,000. AMF Tjanstepension AB purchased a new position in Sprouts Farmers Market during the second quarter valued at $1,580,000. Silver Oak Securities Incorporated purchased a new position in Sprouts Farmers Market during the second quarter valued at $727,000. Maverick Capital Ltd. purchased a new position in Sprouts Farmers Market during the first quarter valued at $8,341,000. Finally, Andrew Hill Investment Advisors Inc. purchased a new position in Sprouts Farmers Market during the second quarter valued at $3,128,000.

Insider Transactions at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 4,045 shares of Sprouts Farmers Market stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $103.00, for a total value of $416,635.00. Following the sale, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at approximately $17,998,220. The trade was a 2.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Dustin Hamilton sold 868 shares of Sprouts Farmers Market stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $108.50, for a total value of $94,178.00. Following the completion of the sale, the insider directly owned 15,481 shares in the company, valued at $1,679,688.50. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,429 shares of company stock valued at $5,351,362. 1.10% of the stock is owned by insiders.

Sprouts Farmers Market Stock Up 0.2%

Shares of Sprouts Farmers Market stock opened at $111.78 on Friday. The stock’s 50-day simple moving average is $127.39 and its 200-day simple moving average is $150.03. Sprouts Farmers Market, Inc. has a 52 week low of $98.75 and a 52 week high of $182.00. The company has a market capitalization of $10.92 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 1.26 and a beta of 0.77.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.23 by $0.12. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the previous year, the business earned $0.94 earnings per share. The business’s revenue was up 17.3% on a year-over-year basis. 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, equities analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market announced that its Board of Directors has initiated a stock buyback program on Tuesday, August 19th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

SFM has been the topic of several analyst reports. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Sprouts Farmers Market in a research report on Tuesday, October 14th. Royal Bank Of Canada set a $148.00 price objective on Sprouts Farmers Market and gave the company an “outperform” rating in a research report on Monday, October 13th. Jefferies Financial Group upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research report on Friday, August 1st. Finally, UBS Group set a $180.00 price objective on Sprouts Farmers Market in a research report on Thursday, July 31st. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Moderate Buy” and an average target price of $176.29.

Sprouts Farmers Market Company Profile

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.