108,818 Shares in Sprouts Farmers Market, Inc. $SFM Acquired by Beacon Pointe Advisors LLC

Key Points

• Beacon Pointe Advisors acquired 108,818 Sprouts Farmers Market shares in the second quarter, worth approximately $9.2 million and representing 0.12% of the company.
• Sprouts reported quarterly revenue of $2.33 billion and earnings of $1.37 per share, slightly exceeding analyst expectations; revenue increased 4.7% year over year. The company guided for third-quarter EPS of $1.20–$1.24 and full-year EPS of $5.32–$5.40.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $91.58 versus the stock’s reported price of $81.46. Insiders have sold 58,289 shares worth nearly $5.0 million over the past 90 days.

Beacon Pointe Advisors LLC acquired a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 108,818 shares of the company's stock, valued at approximately $9,204,000. Beacon Pointe Advisors LLC owned 0.12% of Sprouts Farmers Market as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its holdings 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 worth $25,000 after acquiring an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth about $25,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sprouts Farmers Market during the second quarter worth about $29,000. Bell Investment Advisors Inc bought a new position in shares of Sprouts Farmers Market during the 2nd quarter valued at about $29,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company's stock valued at $30,000 after purchasing an additional 160 shares in the last quarter.

Sprouts Farmers Market Stock Up 0.5%

SFM stock opened at $81.46 on Friday. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $141.78. The company has a market cap of $7.60 billion, a price-to-earnings ratio of 15.61, a P/E/G ratio of 2.01 and a beta of 0.68. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average price of $81.82 and a two-hundred day moving average price of $79.55.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the company posted $1.35 EPS. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. 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 EPS for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In related news, Director Joseph D. O'leary sold 2,597 shares of the company's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. This represents a 15.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Nicholas Konat sold 12,538 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the chief operating officer owned 66,119 shares in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 58,289 shares of company stock valued at $4,991,405. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on SFM shares. Royal Bank Of Canada reissued an "outperform" rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Evercore reaffirmed an "outperform" rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. Weiss Ratings reiterated a "hold (c)" rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. JPMorgan Chase & Co. upgraded 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. Finally, Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $91.58.

Sprouts Farmers Market 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.

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