Y Intercept Hong Kong Ltd Cuts Stock Position in Sprouts Farmers Market, Inc. $SFM

Y Intercept Hong Kong Ltd cut its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 17.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 147,233 shares of the company’s stock after selling 30,987 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Sprouts Farmers Market were worth $11,730,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new position in Sprouts Farmers Market during the second quarter valued at $29,000. Smartleaf Asset Management LLC increased its position in Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after acquiring an additional 141 shares during the last quarter. TD Private Client Wealth LLC increased its position 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 valued at $25,000 after acquiring an additional 288 shares during the last quarter. Sound Income Strategies LLC bought a new position in Sprouts Farmers Market during the fourth quarter valued at $27,000. Finally, 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.

Insider Activity

In other news, insider David Mcglinchey sold 4,872 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $80.82, for a total transaction of $393,755.04. Following the transaction, the insider owned 48,737 shares in the company, valued at approximately $3,938,924.34. This trade represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares in the company, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 161,276 shares of company stock valued at $13,287,318. Company insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $86.33 on Friday. The firm has a market cap of $8.12 billion, a P/E ratio of 16.60, a P/E/G ratio of 1.86 and a beta of 0.67. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $173.96. The stock’s fifty day moving average price is $80.59 and its 200-day moving average price is $78.10.

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on SFM shares. Barclays cut their price objective on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. BMO Capital Markets reiterated a “market perform” rating and set a $70.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Finally, Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $96.08.

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.