45,200 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by Inlet Private Wealth LLC

Key Points

• Inlet Private Wealth LLC acquired 45,200 shares of Sprouts Farmers Market during the third quarter, valued at approximately $3.0 million. Several other institutional investors also increased their positions.
• Analyst sentiment is mixed, with seven Buy, six Hold and one Sell rating; the overall consensus is Hold with an average price target of $88.92.
• SFM opened at $65.51, near its 12-month low of $61.88, despite the company slightly exceeding quarterly earnings and revenue estimates. Insiders sold 46,041 shares worth approximately $3.46 million during the quarter.

Inlet Private Wealth LLC acquired a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 45,200 shares of the company's stock, valued at approximately $2,999,000.

A number of other institutional investors have also recently bought and sold shares of SFM. Legacy Wealth Asset Management LLC lifted its stake in shares of Sprouts Farmers Market by 2.9% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company's stock valued at $472,000 after purchasing an additional 155 shares during the period. Resonant Capital Advisors LLC boosted its position in shares of Sprouts Farmers Market by 2.5% in the 1st quarter. Resonant Capital Advisors LLC now owns 8,152 shares of the company's stock worth $629,000 after purchasing an additional 196 shares during the last quarter. B. Metzler seel. Sohn & Co. AG boosted its position in shares of Sprouts Farmers Market by 1.6% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 12,740 shares of the company's stock worth $1,078,000 after purchasing an additional 205 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Sprouts Farmers Market by 12.3% during the first quarter. Blue Trust Inc. now owns 2,167 shares of the company's stock worth $167,000 after purchasing an additional 238 shares during the period. Finally, Greenwood Capital Associates LLC grew its stake in shares of Sprouts Farmers Market by 8.1% during the second quarter. Greenwood Capital Associates LLC now owns 3,428 shares of the company's stock worth $290,000 after purchasing an additional 257 shares during the period.

Wall Street Analyst Weigh In

A number of research firms recently commented on SFM. Weiss Ratings reiterated a "hold (c)" rating on shares of Sprouts Farmers Market in a report on Monday, September 21st. The Goldman Sachs Group set a $94.00 price objective on shares of Sprouts Farmers Market in a research report on Monday. Deutsche Bank Aktiengesellschaft reduced 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 note on Friday, September 25th. Royal Bank Of Canada dropped their price objective on Sprouts Farmers Market from $114.00 to $111.00 and set an "outperform" rating on the stock in a research note on Tuesday. Finally, Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $88.92.

Sprouts Farmers Market Price Performance

NASDAQ:SFM opened at $65.51 on Thursday. Sprouts Farmers Market, Inc. has a 12-month low of $61.88 and a 12-month high of $110.00. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 12.55, a P/E/G ratio of 1.64 and a beta of 0.67. The stock's 50 day moving average price is $72.45 and its two-hundred day moving average price is $78.10. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07.

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. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.35 EPS. 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. On average, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.52 earnings per share for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the transaction, the chief executive officer directly owned 269,980 shares of the company's stock, valued at $23,434,264. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph O'Leary sold 2,597 shares of the firm's 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 sale, the director owned 14,710 shares of the company's stock, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 46,041 shares of company stock worth $3,460,383. Corporate insiders own 1.30% of the company's stock.

Sprouts Farmers Market 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.

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