Traders Purchase High Volume of Sprouts Farmers Market Call Options (NASDAQ:SFM)

Sprouts Farmers Market, Inc. (NASDAQ:SFM) saw some unusual options trading activity on Wednesday. Stock traders bought 21,952 call options on the stock. This is an increase of approximately 740% compared to the typical daily volume of 2,613 call options.

Insider Activity at Sprouts Farmers Market

In related news, insider Brandon F. Lombardi sold 11,745 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $81.59, for a total transaction of $958,274.55. Following the completion of the sale, the insider directly owned 8,262 shares in the company, valued at $674,096.58. This represents a 58.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Timmi Zalatoris sold 9,820 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $83.93, for a total value of $824,192.60. Following the sale, the insider owned 14,367 shares of the company’s stock, valued at $1,205,822.31. This represents a 40.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 130,156 shares of company stock worth $10,600,146 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Sprouts Farmers Market

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC grew its position in Sprouts Farmers Market by 1.0% in the third quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company’s stock worth $1,117,000 after acquiring an additional 102 shares in the last quarter. MML Investors Services LLC grew its position in Sprouts Farmers Market by 0.6% in the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after acquiring an additional 124 shares in the last quarter. Global Retirement Partners LLC grew its position in Sprouts Farmers Market by 15.9% in the third quarter. Global Retirement Partners LLC now owns 963 shares of the company’s stock worth $105,000 after acquiring an additional 132 shares in the last quarter. Advisory Services Network LLC lifted its position in Sprouts Farmers Market by 1.0% in the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after buying an additional 139 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Sprouts Farmers Market by 98.6% in the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after buying an additional 141 shares during the last quarter.

Analyst Ratings Changes

SFM has been the subject of a number of recent analyst reports. Barclays lowered their price target on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Wells Fargo & Company lowered their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, February 20th. The Goldman Sachs Group set a $111.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. UBS Group reduced their price target on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $96.08.

Sprouts Farmers Market Trading Up 0.5%

Sprouts Farmers Market stock traded up $0.47 during mid-day trading on Wednesday, reaching $87.36. 2,378,911 shares of the company traded hands, compared to its average volume of 2,669,661. 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 has a 52-week low of $64.75 and a 52-week high of $182.00. The firm has a market capitalization of $8.22 billion, a price-to-earnings ratio of 16.81, a P/E/G ratio of 1.72 and a beta of 0.68. The firm’s 50 day moving average price is $77.42 and its 200 day moving average price is $78.23.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the business earned $1.81 EPS. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. 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, analysts anticipate that Sprouts Farmers Market will post 5.57 earnings per share for the current fiscal year.

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.