Sprouts Farmers Market, Inc. $SFM Holdings Cut by Hsbc Holdings PLC

Hsbc Holdings PLC lowered its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 87.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,217 shares of the company’s stock after selling 106,330 shares during the period. Hsbc Holdings PLC’s holdings in Sprouts Farmers Market were worth $1,217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SFM. Norges Bank acquired a new position in shares of Sprouts Farmers Market in the fourth quarter worth $161,398,000. Bank of America Corp DE boosted its position in Sprouts Farmers Market by 137.0% during the second 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 during the last quarter. Voloridge Investment Management LLC boosted its position in Sprouts Farmers Market by 652.7% during the third 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 during the last quarter. Champlain Investment Partners LLC purchased a new position in Sprouts Farmers Market in the fourth quarter valued at about $81,557,000. Finally, Two Sigma Investments LP grew its stake in Sprouts Farmers Market by 185.2% in the third quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company’s stock valued at $141,526,000 after purchasing an additional 844,717 shares in the last quarter.

Insider Buying and Selling

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,790 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $82.04, for a total value of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 that occurred on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the transaction, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 45,310 shares of company stock valued at $3,873,881. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on SFM. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a research note on Monday, April 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. 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. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $96.08.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock opened at $80.86 on Monday. The firm has a fifty day simple moving average of $84.07 and a 200-day simple moving average of $78.25. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $171.15. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.71 and a beta of 0.67.

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