Amundi Sells 94,322 Shares of Sprouts Farmers Market, Inc. $SFM

Amundi trimmed its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 87.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,700 shares of the company's stock after selling 94,322 shares during the period. Amundi's holdings in Sprouts Farmers Market were worth $1,159,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. TD Private Client Wealth LLC boosted its holdings in Sprouts Farmers Market by 1,309.1% in 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 last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in Sprouts Farmers Market in the 1st quarter worth $25,000. Bell Investment Advisors Inc purchased a new position in Sprouts Farmers Market during the second quarter valued at $29,000. Ameritas Advisory Services LLC purchased a new position in Sprouts Farmers Market during the second quarter valued at $29,000. Finally, Clearstead Advisors LLC grew its holdings in 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 purchasing an additional 160 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SFM. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $84.00 price target on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, July 31st. UBS Group boosted their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Sprouts Farmers Market has a consensus rating of "Hold" and an average target price of $92.25.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $82.66, for a total transaction of $891,736.08. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company's stock, valued at $22,316,546.80. The trade was a 3.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $214,434.29. Following the completion of the sale, the director owned 14,710 shares of the company's stock, valued at $1,214,604.70. This represents a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 35,253 shares of company stock valued at $2,981,611 in the last ninety days. Insiders own 1.30% of the company's stock.

Sprouts Farmers Market Stock Up 3.2%

Shares of NASDAQ:SFM opened at $75.09 on Tuesday. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $135.76. The business has a 50 day simple moving average of $80.18 and a two-hundred day simple moving average of $80.36. The firm has a market capitalization of $7.00 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 1.80 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43.

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 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 firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the business posted $1.35 earnings per share. The company'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. On average, equities analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic foods. Its stores offer produce, meat and seafood, dairy and refrigerated products, bakery items, prepared foods, bulk goods, vitamins and supplements, and other better-for-you grocery products. The company also provides private-label merchandise and products designed to meet a range of dietary preferences, including plant-based and gluten-free options.

Sprouts was founded in 2002, with its first store opening in Chandler, Arizona.

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