Citigroup Inc. Has $17.74 Million Holdings in Sprouts Farmers Market, Inc. $SFM

Citigroup Inc. boosted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 27.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 163,059 shares of the company’s stock after buying an additional 34,661 shares during the quarter. Citigroup Inc.’s holdings in Sprouts Farmers Market were worth $17,741,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Root Financial Partners LLC acquired a new position in Sprouts Farmers Market during the third quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Sprouts Farmers Market in the second quarter worth approximately $29,000. Smartleaf Asset Management LLC boosted its holdings in shares of Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after purchasing an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Sprouts Farmers Market during the third quarter valued at approximately $33,000. Finally, Abich Financial Wealth Management LLC acquired a new position in Sprouts Farmers Market in the 3rd quarter valued at approximately $49,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SFM. BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Wells Fargo & Company lowered their price target on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, December 29th. Finally, Barclays decreased their target price on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Sprouts Farmers Market has an average rating of “Moderate Buy” and an average price target of $101.75.

Sprouts Farmers Market Trading Down 2.5%

NASDAQ:SFM opened at $73.87 on Friday. The company’s 50 day moving average is $73.76 and its 200-day moving average is $95.74. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $182.00. The firm has a market cap of $6.99 billion, a price-to-earnings ratio of 13.94, a P/E/G ratio of 1.63 and a beta of 0.75.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.15 billion. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. Sprouts Farmers Market’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business posted $0.79 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. Equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Insider Transactions at Sprouts Farmers Market

In other news, insider John Scott Neal sold 17,471 shares of the stock in a transaction that occurred on 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 directly owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. This represents a 55.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Alisa Gmelich sold 3,161 shares of the business’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 directly owned 5,552 shares in the company, valued at $440,773.28. This trade represents a 36.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

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.