10,378 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by South Shore Capital Advisors

South Shore Capital Advisors bought a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the third quarter, Holdings Channel.com reports. The fund bought 10,378 shares of the company’s stock, valued at approximately $689,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Signet Financial Management LLC bought a new stake in shares of Sprouts Farmers Market in the first quarter valued at approximately $2,938,000. Bank of America Corp DE bought a new position in Sprouts Farmers Market during the second quarter worth $93,790,000. Kornitzer Capital Management Inc. KS bought a new position in Sprouts Farmers Market during the first quarter worth $3,738,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Sprouts Farmers Market during the second quarter worth $131,310,000. Finally, Reinhart Partners LLC. raised its stake in Sprouts Farmers Market by 33.1% during the 3rd quarter. Reinhart Partners LLC. now owns 82,839 shares of the company’s stock valued at $5,496,000 after purchasing an additional 20,581 shares during the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other news, Director Joseph O’Leary sold 2,597 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares in the company, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $64.48, for a total transaction of $695,610.24. Following the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $17,408,310.40. The trade was a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 46,041 shares of company stock worth $3,460,383 in the last three months. Insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM traded up $0.70 during trading on Tuesday, hitting $64.96. 893,420 shares of the stock were exchanged, compared to its average volume of 2,333,557. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 1.66 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. Sprouts Farmers Market, Inc. has a 1-year low of $61.88 and a 1-year high of $111.83. The company’s fifty day simple moving average is $73.26 and its 200-day simple moving average is $78.27.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%. Sprouts Farmers Market’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.35 earnings per share. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. Sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SFM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, September 21st. Royal Bank Of Canada dropped their price objective on shares of Sprouts Farmers Market from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday. Evercore reaffirmed an “outperform” rating and set a $95.00 price objective on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a research report on Friday, September 25th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Sprouts Farmers Market from $103.00 to $90.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $88.92.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc (NASDAQ:SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.

Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.