Teacher Retirement System of Texas Purchases 32,635 Shares of Sprouts Farmers Market, Inc. $SFM

Teacher Retirement System of Texas raised its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 89.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,062 shares of the company’s stock after buying an additional 32,635 shares during the quarter. Teacher Retirement System of Texas owned 0.07% of Sprouts Farmers Market worth $7,514,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SFM. Root Financial Partners LLC bought a new stake in Sprouts Farmers Market in the third quarter valued at about $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Sprouts Farmers Market in the 2nd quarter valued at approximately $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Sprouts Farmers Market in the 3rd quarter valued at approximately $33,000. Global Trust Asset Management LLC raised its holdings in shares of Sprouts Farmers Market by 520.8% in the 2nd quarter. Global Trust Asset Management LLC now owns 298 shares of the company’s stock worth $49,000 after buying an additional 250 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Sprouts Farmers Market by 60.5% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 419 shares of the company’s stock worth $69,000 after buying an additional 158 shares during the period.

Key Stories Impacting Sprouts Farmers Market

Here are the key news stories impacting Sprouts Farmers Market this week:

Sprouts Farmers Market Trading Up 1.3%

SFM opened at $71.44 on Monday. Sprouts Farmers Market, Inc. has a 1-year low of $69.31 and a 1-year high of $182.00. The stock has a market capitalization of $6.96 billion, a PE ratio of 13.82, a PEG ratio of 0.71 and a beta of 0.73. 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 firm has a 50-day moving average price of $80.09 and a two-hundred day moving average price of $110.58.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last released its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. The business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. Sprouts Farmers Market’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 earnings per share. 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. As a group, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CMO Alisa Gmelich sold 3,161 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total transaction of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares of the company’s stock, valued at $440,773.28. This represents a 36.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Scott Neal sold 17,471 shares of Sprouts Farmers Market stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $85.20, for a total value of $1,488,529.20. Following the completion of the sale, the insider owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. The trade was a 55.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

SFM has been the topic of a number of analyst reports. Zacks Research upgraded Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Evercore ISI dropped their target price on shares of Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a research report on Monday, October 27th. BMO Capital Markets set a $90.00 price target on shares of Sprouts Farmers Market in a report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft cut shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective on the stock. in a research note on Thursday, January 8th. Finally, Wall Street Zen cut shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Sunday, December 21st. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and an average price target of $129.38.

View Our Latest Research Report on Sprouts Farmers Market

Sprouts Farmers Market Company Profile

(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.

See Also

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

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