CW Advisors LLC Sells 15,950 Shares of Sprouts Farmers Market, Inc. $SFM

CW Advisors LLC trimmed its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 18.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 70,724 shares of the company’s stock after selling 15,950 shares during the period. CW Advisors LLC owned about 0.07% of Sprouts Farmers Market worth $11,644,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in SFM. Dimensional Fund Advisors LP lifted its stake 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted 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 valued at $203,191,000 after purchasing an additional 36,548 shares during the period. Norges Bank bought a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at about $198,080,000. American Century Companies Inc. boosted its stake in shares of Sprouts Farmers Market by 37.0% in the 2nd quarter. American Century Companies Inc. now owns 1,106,330 shares of the company’s stock valued at $182,146,000 after purchasing an additional 298,556 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of 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 period.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 4,045 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $103.00, for a total transaction of $416,635.00. Following the completion of the transaction, the chief executive officer owned 174,740 shares in the company, valued at approximately $17,998,220. This represents a 2.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO James H. Bahrenburg sold 4,292 shares of Sprouts Farmers Market stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $137.06, for a total value 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 SEC filing for this sale provides additional information. Insiders sold 16,751 shares of company stock valued at $2,148,006 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SFM shares. Wall Street Zen lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Monday, November 3rd. The Goldman Sachs Group cut their price target on Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Evercore ISI decreased their price objective on Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, October 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Tuesday. Finally, BMO Capital Markets set a $90.00 target price on Sprouts Farmers Market in a report on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $137.86.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $85.10 on Thursday. The stock’s fifty day simple moving average is $94.55 and its 200 day simple moving average is $133.12. The company has a current ratio of 1.05, a quick ratio of 0.53 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $8.29 billion, a PE ratio of 16.46, a PEG ratio of 0.99 and a beta of 0.70. Sprouts Farmers Market, Inc. has a 12 month low of $75.75 and a 12 month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same period in the previous year, the firm earned $0.91 earnings per share. The company’s revenue was up 13.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market declared that its board has initiated a share buyback program on Tuesday, August 19th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

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.