CIBC Private Wealth Group LLC lowered its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 96.3% during the third quarter, Holdings Channel.com reports. The firm owned 11,731 shares of the company’s stock after selling 309,583 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Sprouts Farmers Market were worth $1,276,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. boosted its stake in Sprouts Farmers Market by 0.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 9,069 shares of the company’s stock valued at $1,493,000 after purchasing an additional 69 shares during the period. Chicago Partners Investment Group LLC increased its position in Sprouts Farmers Market by 1.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company’s stock worth $1,117,000 after buying an additional 102 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of Sprouts Farmers Market by 3.2% during the third quarter. Apollon Wealth Management LLC now owns 3,505 shares of the company’s stock worth $381,000 after buying an additional 108 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares in the last quarter. Finally, Balefire LLC boosted its position in shares of Sprouts Farmers Market by 5.2% in the third quarter. Balefire LLC now owns 2,506 shares of the company’s stock valued at $273,000 after acquiring an additional 125 shares during the period.
Sprouts Farmers Market Stock Down 3.2%
Shares of NASDAQ SFM opened at $81.80 on Monday. The stock has a market capitalization of $7.74 billion, a P/E ratio of 15.43, a PEG ratio of 1.76 and a beta of 0.76. The stock’s fifty day moving average is $73.89 and its 200 day moving average is $88.18. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $182.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93.
Insider Activity at Sprouts Farmers Market
In related news, insider Joseph L. Hurley sold 456 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $83.50, for a total transaction of $38,076.00. Following the sale, the insider owned 28,605 shares in the company, valued at approximately $2,388,517.50. This trade represents a 1.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brandon F. Lombardi sold 758 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $84.21, for a total transaction of $63,831.18. Following the completion of the transaction, the insider directly owned 7,504 shares in the company, valued at $631,911.84. This trade represents a 9.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 123,410 shares of company stock worth $10,036,789 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on SFM. UBS Group decreased their price target on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, December 29th. Barclays decreased their target price on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 target price on shares of Sprouts Farmers Market in a report on Friday, February 20th. Finally, Evercore upgraded shares of Sprouts Farmers Market to a “strong-buy” rating in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $101.75.
Get Our Latest Stock Analysis on SFM
Sprouts Farmers Market News Summary
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: Management reaffirmed a bullish FY2026 outlook (EPS guidance $5.28–$5.44) and gave Q1 guidance; the company also posted a small quarterly EPS beat, supporting fundamentals and the growth story. Guidance & traffic trends article
- Positive Sentiment: Board-authorized $1 billion share-buyback and plans to open 40+ new stores in 2026 underpin capital return and growth optionality that investors have been using to justify higher valuations. Buyback/expansion coverage
- Neutral Sentiment: Sprouts’ sustainability and fresh-food positioning may support longer-term customer loyalty and brand differentiation but is not an immediate earnings catalyst. Sustainability article
- Negative Sentiment: Extensive insider selling this week — including large Form 4 disclosures and reported CEO Jack Sinclair sales — has spooked some investors and increased selling pressure. Large, high-profile disposals can be read as a negative governance/psychology signal even when management cites routine reasons. CEO sale report
- Negative Sentiment: Multiple insiders (COO, CFO-level and others) filed sales on March 18–19; individual filings include Joseph Hurley’s 456-share sale and a large reduction by Timmi Zalatoris (9,820 shares). The pattern (many more sales than buys) is dampening investor confidence. InsiderTrades summary Timmi Zalatoris Form 4
Sprouts Farmers Market Profile
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.
Read More
Want to see what other hedge funds are holding SFM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report).
Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.
