VIRGINIA RETIREMENT SYSTEMS ET Al Purchases 9,100 Shares of Sprouts Farmers Market, Inc. $SFM

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 39.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,927 shares of the company’s stock after buying an additional 9,100 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Sprouts Farmers Market were worth $3,474,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of SFM. Ascent Group LLC lifted its holdings in shares of Sprouts Farmers Market by 62.6% during the third quarter. Ascent Group LLC now owns 2,173 shares of the company’s stock valued at $236,000 after acquiring an additional 837 shares during the period. Boston Trust Walden Corp grew its position in Sprouts Farmers Market by 1,588.1% during the 3rd quarter. Boston Trust Walden Corp now owns 398,507 shares of the company’s stock worth $43,358,000 after acquiring an additional 374,900 shares during the last quarter. Annex Advisory Services LLC grew its position in Sprouts Farmers Market by 4.4% during the 3rd quarter. Annex Advisory Services LLC now owns 207,331 shares of the company’s stock worth $22,558,000 after acquiring an additional 8,748 shares during the last quarter. Ethic Inc. increased its holdings in Sprouts Farmers Market by 109.4% during the 3rd quarter. Ethic Inc. now owns 13,920 shares of the company’s stock valued at $1,514,000 after purchasing an additional 7,273 shares in the last quarter. Finally, Three Seasons Wealth LLC bought a new position in Sprouts Farmers Market in the 3rd quarter valued at $361,000.

Sprouts Farmers Market Trading Down 0.6%

SFM opened at $79.67 on Friday. The firm has a 50 day simple moving average of $83.15 and a 200 day simple moving average of $120.84. Sprouts Farmers Market, Inc. has a fifty-two week low of $75.75 and a fifty-two week high of $182.00. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 15.41, a price-to-earnings-growth ratio of 0.92 and a beta of 0.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.05 and a quick ratio of 0.53.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The firm’s revenue was up 13.1% on a year-over-year basis. During the same period last year, the company earned $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SFM. Zacks Research cut Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Roth Capital reiterated a “neutral” rating and set a $91.00 price target on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. The Goldman Sachs Group lowered their price objective on shares of Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. JPMorgan Chase & Co. dropped their target price on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Finally, BMO Capital Markets set a $90.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and an average price target of $137.86.

Insiders Place Their Bets

In related news, insider John Scott Neal sold 17,471 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total value of $1,488,529.20. Following the sale, the insider directly owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. The trade was a 55.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $103.00, for a total transaction of $416,635.00. Following the completion of the transaction, the chief executive officer directly owned 174,740 shares of the company’s stock, valued at approximately $17,998,220. The trade was a 2.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 25,545 shares of company stock worth $2,250,294. 1.10% of the stock is owned by company insiders.

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.