Sprouts Farmers Market (NASDAQ:SFM) Director Joel Anderson Purchases 4,400 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Free Report) Director Joel Anderson bought 4,400 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average cost of $77.17 per share, with a total value of $339,548.00. Following the completion of the purchase, the director directly owned 24,802 shares of the company’s stock, valued at $1,913,970.34. This represents a 21.57% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Sprouts Farmers Market Stock Down 3.1%

Shares of SFM stock opened at $77.80 on Tuesday. The stock has a market cap of $7.36 billion, a P/E ratio of 14.68, a PEG ratio of 1.73 and a beta of 0.76. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $182.00. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. The company’s fifty day simple moving average is $73.49 and its two-hundred day simple moving average is $92.09.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. During the same quarter last year, the business posted $0.79 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. 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.

Wall Street Analyst Weigh In

SFM has been the topic of a number of research reports. Roth Mkm reaffirmed a “neutral” rating and issued a $74.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. UBS Group cut their target price on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. JPMorgan Chase & Co. reduced their price target on shares of Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. The Goldman Sachs Group set a $111.00 price target on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price objective for the company. in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $101.75.

Get Our Latest Stock Analysis on SFM

Institutional Investors Weigh In On Sprouts Farmers Market

Several hedge funds and other institutional investors have recently modified their holdings of the business. Focus Partners Wealth purchased a new position in Sprouts Farmers Market during the 1st quarter valued at $400,000. Sigma Planning Corp lifted its position in shares of Sprouts Farmers Market by 19.5% during the second quarter. Sigma Planning Corp now owns 2,111 shares of the company’s stock worth $348,000 after purchasing an additional 345 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Sprouts Farmers Market by 9.0% during the second quarter. Bank of Montreal Can now owns 69,867 shares of the company’s stock worth $11,503,000 after purchasing an additional 5,793 shares during the last quarter. Savant Capital LLC boosted its stake in shares of Sprouts Farmers Market by 10.6% during the second quarter. Savant Capital LLC now owns 1,852 shares of the company’s stock valued at $305,000 after purchasing an additional 177 shares during the period. Finally, Vestmark Advisory Solutions Inc. boosted its stake in shares of Sprouts Farmers Market by 50.6% during the second quarter. Vestmark Advisory Solutions Inc. now owns 3,348 shares of the company’s stock valued at $551,000 after purchasing an additional 1,125 shares during the period.

Sprouts Farmers Market Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.