Sprouts Farmers Market, Inc. $SFM Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lowered its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 1.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,119 shares of the company’s stock after selling 480 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Sprouts Farmers Market were worth $4,630,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its holdings in shares of Sprouts Farmers Market by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,217,900 shares of the company’s stock valued at $338,481,000 after acquiring an additional 15,930 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Sprouts Farmers Market by 2.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,331,176 shares of the company’s stock worth $203,191,000 after buying an additional 36,548 shares during the last quarter. Wellington Management Group LLP raised its position in Sprouts Farmers Market by 300.3% during the 1st quarter. Wellington Management Group LLP now owns 1,037,187 shares of the company’s stock worth $158,316,000 after buying an additional 778,079 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Sprouts Farmers Market by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 997,152 shares of the company’s stock worth $152,205,000 after buying an additional 10,059 shares during the last quarter. Finally, Driehaus Capital Management LLC raised its position in Sprouts Farmers Market by 3.0% during the 1st quarter. Driehaus Capital Management LLC now owns 971,380 shares of the company’s stock worth $148,271,000 after buying an additional 28,595 shares during the last quarter.

Insider Transactions at Sprouts Farmers Market

In related news, SVP Kim Coffin sold 651 shares of Sprouts Farmers Market stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $141.58, for a total value of $92,168.58. Following the sale, the senior vice president owned 11,235 shares of the company’s stock, valued at approximately $1,590,651.30. This trade represents a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO James H. Bahrenburg sold 4,292 shares of Sprouts Farmers Market stock in a transaction on Friday, September 12th. The shares were sold at an average price of $137.06, for a total transaction of $588,261.52. Following the completion of the sale, the chief technology officer directly owned 9,167 shares in the company, valued at $1,256,429.02. This represents a 31.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 38,429 shares of company stock worth $5,351,362 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 recent research reports. Royal Bank Of Canada set a $148.00 price target on shares of Sprouts Farmers Market and gave the stock an “outperform” rating in a research report on Monday, October 13th. BMO Capital Markets reissued a “market perform” rating on shares of Sprouts Farmers Market in a research report on Wednesday, October 22nd. Jefferies Financial Group raised shares of 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. Wells Fargo & Company raised shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $175.00 to $180.00 in a research report on Tuesday, August 5th. Finally, The Goldman Sachs Group reduced their price target on shares of Sprouts Farmers Market from $209.00 to $178.00 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $161.00.

Sprouts Farmers Market Price Performance

Shares of NASDAQ SFM opened at $106.80 on Tuesday. The stock has a market capitalization of $10.44 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 1.20 and a beta of 0.77. Sprouts Farmers Market, Inc. has a 12 month low of $98.75 and a 12 month high of $182.00. The firm’s 50 day simple moving average is $122.86 and its 200-day simple moving average is $148.34.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 5.77% and a return on equity of 36.53%. The business’s revenue was up 17.3% on a year-over-year basis. During the same quarter last year, the company earned $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. Analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market announced that its board has initiated a share repurchase plan on Tuesday, August 19th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Sprouts Farmers Market 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.