Boston Common Asset Management LLC increased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 61.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 80,634 shares of the company’s stock after purchasing an additional 30,835 shares during the quarter. Boston Common Asset Management LLC’s holdings in Sprouts Farmers Market were worth $6,219,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. TD Private Client Wealth LLC increased its position in Sprouts Farmers Market by 1,309.1% during the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after buying an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Sprouts Farmers Market in the first quarter valued at about $25,000. Sound Income Strategies LLC bought a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at about $27,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market in the second quarter valued at about $29,000. Finally, Clearstead Advisors LLC grew its stake in shares of Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares in the last quarter.
Insider Activity
In other news, insider Brandon F. Lombardi sold 406 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the sale, the insider owned 6,801 shares of the company’s stock, valued at approximately $557,954.04. This represents a 5.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 10,790 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at $22,149,159.20. This represents a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 45,310 shares of company stock worth $3,873,881. 1.30% of the stock is currently owned by corporate insiders.
Sprouts Farmers Market Price Performance
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted 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 business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. Sprouts Farmers Market’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.81 earnings per share. 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. Sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.
Analysts Set New Price Targets
SFM has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. JPMorgan Chase & Co. raised their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a research report on Monday, April 6th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $96.08.
Get Our Latest Stock Analysis on SFM
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.
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