Kendall Capital Management Purchases Shares of 9,460 Sprouts Farmers Market, Inc. $SFM

Kendall Capital Management acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, Holdings Channel reports. The institutional investor acquired 9,460 shares of the company’s stock, valued at approximately $800,000.

Other hedge funds have also modified their holdings of the company. TD Private Client Wealth LLC lifted its holdings in shares of 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 worth $25,000 after purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Sprouts Farmers Market in the 1st quarter worth approximately $25,000. Bell Investment Advisors Inc acquired a new position in Sprouts Farmers Market in the 2nd quarter worth approximately $29,000. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market during the 2nd quarter worth approximately $29,000. Finally, Clearstead Advisors LLC raised its position in Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 160 shares during the last quarter.

Analyst Upgrades and Downgrades

SFM has been the subject of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a report on Thursday, July 30th. UBS Group boosted their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price target for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $91.58.

Insider Activity at Sprouts Farmers Market

In other news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the sale, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total transaction of $936,398.40. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $23,434,264. The trade was a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 58,289 shares of company stock worth $4,991,405. 1.30% of the stock is owned by company insiders.

Sprouts Farmers Market Trading Up 3.4%

Sprouts Farmers Market stock opened at $81.08 on Friday. The firm has a market cap of $7.56 billion, a PE ratio of 15.53, a P/E/G ratio of 2.01 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $149.66. The stock’s 50 day simple moving average is $81.59 and its two-hundred day simple moving average is $78.99. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same period in the previous year, the firm earned $1.35 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. 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. Analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current year.

Sprouts Farmers Market Company Profile

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.