AdvisorShares Investments LLC Trims Stock Position in Sprouts Farmers Market, Inc. $SFM

AdvisorShares Investments LLC cut its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 8.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 83,000 shares of the company’s stock after selling 8,004 shares during the period. Sprouts Farmers Market comprises approximately 1.2% of AdvisorShares Investments LLC’s investment portfolio, making the stock its 20th biggest holding. AdvisorShares Investments LLC’s holdings in Sprouts Farmers Market were worth $6,402,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SFM. Northwestern Mutual Wealth Management Co. raised its position in Sprouts Farmers Market by 260.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock valued at $1,963,000 after acquiring an additional 17,812 shares in the last quarter. Fieldview Capital Management LLC purchased a new stake in Sprouts Farmers Market in the 3rd quarter worth approximately $1,678,000. Dynamic Technology Lab Private Ltd boosted its position in Sprouts Farmers Market by 171.9% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 51,310 shares of the company’s stock worth $5,583,000 after purchasing an additional 32,440 shares in the last quarter. Fulcrum Asset Management LLP acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter worth approximately $1,333,000. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter worth approximately $4,841,000.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,790 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This trade represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the sale, the chief operating officer owned 66,119 shares in the company, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 34,522 shares of company stock valued at $2,958,303 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

SFM has been the subject of several analyst reports. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research report on Monday, April 6th. Seven 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. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of “Hold” and a consensus target price of $96.08.

Sprouts Farmers Market Stock Performance

Shares of SFM stock opened at $89.94 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 1.90 and a beta of 0.67. The stock has a 50 day simple moving average of $83.01 and a 200-day simple moving average of $78.19. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $171.15.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the firm posted $1.81 EPS. The business’s revenue was up 4.1% on a year-over-year basis. 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, equities research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS 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.