Northstar Asset Management Inc. Sells 6,516 Shares of Sprouts Farmers Market, Inc. $SFM

Northstar Asset Management Inc. trimmed its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 28.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,436 shares of the company’s stock after selling 6,516 shares during the period. Northstar Asset Management Inc.’s holdings in Sprouts Farmers Market were worth $1,390,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SFM. Prosperitas Financial LLC acquired a new position in Sprouts Farmers Market in the 2nd quarter worth $5,035,000. Wellington Management Group LLP raised its stake in shares of Sprouts Farmers Market by 548.9% in the 2nd quarter. Wellington Management Group LLP now owns 248,958 shares of the company’s stock valued at $21,057,000 after purchasing an additional 210,592 shares during the period. Lombard Odier Asset Management Europe Ltd acquired a new stake in shares of Sprouts Farmers Market in the 2nd quarter valued at about $9,358,000. Beacon Pointe Advisors LLC bought a new stake in shares of Sprouts Farmers Market in the second quarter valued at about $9,204,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Sprouts Farmers Market in the second quarter valued at about $1,176,000.

Sprouts Farmers Market Trading Up 0.5%

Shares of NASDAQ:SFM opened at $81.46 on Friday. The company’s 50-day moving average price is $81.82 and its two-hundred day moving average price is $79.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $141.78. The stock has a market capitalization of $7.60 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.01 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The company had revenue of $2.33 billion during 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 company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business 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, equities analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Analyst Ratings Changes

SFM has been the subject of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Hold” and a consensus price target of $91.58.

View Our Latest Report on Sprouts Farmers Market

Insider Transactions at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $23,434,264. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the sale, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,289 shares of company stock worth $4,991,405 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

About Sprouts Farmers Market

(Free Report)

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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Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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