ABN AMRO Bank N.V. Reduces Stock Holdings in Sprouts Farmers Market, Inc. $SFM

ABN AMRO Bank N.V. lowered its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 15.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 218,204 shares of the company’s stock after selling 39,384 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Sprouts Farmers Market were worth $16,997,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Newbridge Financial Services Group Inc. purchased a new stake in Sprouts Farmers Market during the 2nd quarter valued at $29,000. TD Private Client Wealth LLC boosted its stake in Sprouts Farmers Market by 1,309.1% during the fourth 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. Sound Income Strategies LLC bought a new position in Sprouts Farmers Market during the fourth quarter valued at $27,000. Clearstead Advisors LLC increased its position in Sprouts Farmers Market by 72.7% during 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 during the last quarter. Finally, FWL Investment Management LLC increased its position in Sprouts Farmers Market by 72.5% during the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock valued at $46,000 after acquiring an additional 179 shares during the last quarter.

Wall Street Analyst Weigh In

SFM has been the subject of several analyst reports. 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 on the stock. in a report on Monday, April 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $96.08.

Sprouts Farmers Market Trading Up 0.1%

Shares of SFM opened at $82.14 on Friday. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $171.15. The company has a 50-day moving average of $81.79 and a 200 day moving average of $78.01. The firm has a market capitalization of $7.72 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 1.74 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. The company 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%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company 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, research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $82.04, for a total transaction of $33,308.24. Following the transaction, the insider directly owned 6,801 shares in the company, valued at $557,954.04. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction on Monday, June 8th. The shares were 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 approximately $23,466,661.60. This trade represents a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 34,522 shares of company stock worth $2,958,303. Company insiders own 1.30% of the company’s stock.

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.