59,276 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by Corient Private Wealth LP

Corient Private Wealth LP acquired a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 59,276 shares of the company's stock, valued at approximately $5,013,000. Corient Private Wealth LP owned 0.06% of Sprouts Farmers Market at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Newbridge Financial Services Group Inc. bought a new position in Sprouts Farmers Market in the 2nd quarter valued at $29,000. TD Private Client Wealth LLC boosted its position in Sprouts Farmers Market by 1,309.1% in the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company's stock valued at $25,000 after buying an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new position in Sprouts Farmers Market in the 1st quarter worth about $25,000. Bell Investment Advisors Inc purchased a new position in shares of Sprouts Farmers Market during the second quarter worth approximately $29,000. Finally, Clearstead Advisors LLC raised its stake in shares of Sprouts Farmers Market by 72.7% during the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company's stock valued at $30,000 after acquiring an additional 160 shares in the last quarter.

Insider Buying and Selling at Sprouts Farmers Market

In other news, COO Nicholas Konat sold 12,538 shares of the firm's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the sale, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joseph D. O'leary sold 2,597 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 58,289 shares of company stock valued at $4,991,405. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Royal Bank Of Canada reissued an "outperform" rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. Weiss Ratings reissued a "hold (c)" rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. UBS Group raised their price target on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Seven research 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. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $91.58.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM opened at $82.04 on Tuesday. The firm has a 50 day moving average of $81.85 and a 200 day moving average of $79.77. 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 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 52 week low of $64.75 and a 52 week high of $141.78.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion for 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 business's revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business 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, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

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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