Erste Asset Management GmbH Has $1.02 Million Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Erste Asset Management GmbH grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 90.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,610 shares of the company’s stock after purchasing an additional 6,000 shares during the period. Erste Asset Management GmbH’s holdings in Sprouts Farmers Market were worth $1,017,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Sprouts Farmers Market by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock valued at $789,802,000 after purchasing an additional 28,951 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after purchasing an additional 1,494,014 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of Sprouts Farmers Market by 39.1% in the 4th quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock valued at $186,647,000 after purchasing an additional 653,206 shares in the last quarter. Norges Bank acquired a new stake in shares of Sprouts Farmers Market in the 4th quarter valued at $161,398,000. Finally, Voloridge Investment Management LLC boosted its stake in shares of Sprouts Farmers Market by 652.7% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after purchasing an additional 1,223,753 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a research note on Monday, April 6th. BMO Capital Markets reiterated a “market perform” rating and set a $70.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, Wells Fargo & Company reduced their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Hold” and an average target price of $96.08.

Insider Activity

In other Sprouts Farmers Market news, SVP Kim Coffin sold 313 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $26,282.61. Following the completion of the sale, the senior vice president directly owned 23,332 shares of the company’s stock, valued at approximately $1,959,188.04. The trade was a 1.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $86.92, for a total value of $937,692.96. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $23,466,661.60. This represents a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 151,734 shares of company stock worth $12,423,050. Corporate insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Stock Up 2.5%

Shares of NASDAQ SFM opened at $86.82 on Thursday. The firm’s 50-day simple moving average is $80.16 and its 200 day simple moving average is $78.00. The company has a market cap of $8.16 billion, a price-to-earnings ratio of 16.70, a price-to-earnings-growth ratio of 1.79 and a beta of 0.67. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $173.96.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.04. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.81 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Sprouts Farmers Market Company 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.