Greenland Capital Management LP Takes $5.87 Million Position in Sprouts Farmers Market, Inc. $SFM

Greenland Capital Management LP bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 53,971 shares of the company’s stock, valued at approximately $5,872,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. purchased a new stake in Sprouts Farmers Market in the 2nd quarter worth $29,000. Root Financial Partners LLC purchased a new position in Sprouts Farmers Market during the third quarter valued at $26,000. Smartleaf Asset Management LLC grew its position in shares of Sprouts Farmers Market by 98.6% in the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after purchasing an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Sprouts Farmers Market during the third quarter worth about $33,000. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Sprouts Farmers Market by 60.5% during the second quarter. Cullen Frost Bankers Inc. now owns 419 shares of the company’s stock worth $69,000 after purchasing an additional 158 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Roth Mkm reaffirmed a “neutral” rating and issued a $74.00 price target on shares of Sprouts Farmers Market in a research note on Friday. The Goldman Sachs Group set a $111.00 target price on Sprouts Farmers Market in a report on Friday. Royal Bank Of Canada decreased their target price on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating on the stock in a research report on Friday. Barclays dropped their price target on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Finally, Zacks Research raised Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sprouts Farmers Market presently has an average rating of “Moderate Buy” and an average price target of $108.15.

Sprouts Farmers Market Trading Up 6.0%

Shares of Sprouts Farmers Market stock opened at $71.50 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.44. The stock’s 50 day simple moving average is $74.25 and its 200-day simple moving average is $97.10. The stock has a market cap of $6.96 billion, a P/E ratio of 13.49, a P/E/G ratio of 0.74 and a beta of 0.75. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.15 billion. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 earnings per share. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. Analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, CMO Alisa Gmelich sold 3,161 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $79.39, for a total transaction of $250,951.79. Following the completion of the sale, the chief marketing officer directly owned 5,552 shares in the company, valued at approximately $440,773.28. This trade represents a 36.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Scott Neal sold 17,471 shares of Sprouts Farmers Market stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the transaction, the insider directly owned 14,178 shares in the company, valued at $1,207,965.60. This trade represents a 55.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by insiders.

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.