139,839 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by Legal & General Group Plc

Key Points

• Legal & General Group Plc purchased 139,839 shares of Sprouts Farmers Market, valued at approximately $11.8 million, giving it a 0.15% stake.
• Sprouts beat quarterly expectations with EPS of $1.37 versus the $1.35 consensus and revenue of $2.33 billion, up 4.7% year over year. The company guided for fiscal 2026 EPS of $5.32–$5.40.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $91.58 price target versus the stock’s reported price of $82.04; meanwhile, insiders sold 58,289 shares worth nearly $5 million over the past three months.

Legal & General Group Plc bought a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 139,839 shares of the company's stock, valued at approximately $11,828,000. Legal & General Group Plc owned about 0.15% of Sprouts Farmers Market as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SFM. MML Investors Services LLC raised its position in shares of Sprouts Farmers Market by 0.6% during the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company's stock worth $3,340,000 after purchasing an additional 124 shares during the period. Advisory Services Network LLC boosted its position in Sprouts Farmers Market by 1.0% during the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company's stock valued at $2,044,000 after purchasing an additional 139 shares during the period. Legacy Wealth Asset Management LLC grew its stake in Sprouts Farmers Market by 2.9% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company's stock worth $472,000 after buying an additional 155 shares during the last quarter. Clearstead Advisors LLC grew its stake 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. Finally, Arkadios Wealth Advisors increased its position in Sprouts Farmers Market by 4.3% in the fourth quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company's stock worth $327,000 after buying an additional 171 shares during the period.

Sprouts Farmers Market Stock Performance

SFM opened at $82.04 on Tuesday. The business has a 50 day moving average price of $81.85 and a two-hundred day moving average price of $79.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. The company has a market capitalization of $7.65 billion, a price-to-earnings ratio of 15.72, a price-to-earnings-growth ratio of 2.02 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $141.78.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts' expectations of $2.32 billion. During the same period last year, the firm earned $1.35 EPS. The firm's revenue for the quarter 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. Research analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Joseph D. O'leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the transaction, the director directly owned 14,710 shares of the company's stock, valued at $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Nicholas Konat sold 12,538 shares of the business's stock in a transaction dated Thursday, June 11th. The stock was 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. This trade represents a 15.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 58,289 shares of company stock valued at $4,991,405 over the last three months. Company insiders own 1.30% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SFM. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $84.00 price objective on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sprouts Farmers Market presently has an average rating of "Hold" and a consensus price target 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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