Cibc World Market Inc. purchased a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 100,873 shares of the company’s stock, valued at approximately $8,532,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new position in Sprouts Farmers Market during the second quarter valued at approximately $29,000. TD Private Client Wealth LLC grew its position in Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market in the first quarter worth approximately $25,000. Bell Investment Advisors Inc acquired a new position in shares of Sprouts Farmers Market during the 2nd quarter worth $29,000. Finally, Clearstead Advisors LLC increased its stake in shares of Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the last quarter.
Insider Buying and Selling at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total value of $936,398.40. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. This trade represents a 3.84% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares in the company, valued at $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,289 shares of company stock worth $4,991,405 over the last ninety days. Company insiders own 1.30% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on SFM
Sprouts Farmers Market Price Performance
NASDAQ SFM opened at $85.95 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The company has a fifty day simple moving average of $81.65 and a 200 day simple moving average of $79.30. The company has a market cap of $8.01 billion, a P/E ratio of 16.47, a P/E/G ratio of 2.13 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $146.11.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.
About Sprouts Farmers Market
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.
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