Annex Advisory Services LLC Sells 181,024 Shares of Sprouts Farmers Market, Inc. $SFM

Key Points

• Annex Advisory cut its Sprouts stake by 87.3%, selling 181,024 shares in Q4 and now holds 26,307 shares valued at about $2.10 million.
• Several large institutions—Bank of America, Voloridge, Two Sigma, Nordea and AMF—substantially increased their SFM holdings, adding millions of shares and signaling heavy institutional accumulation.
• Company insiders sold a total of 129,750 shares (~$10.6M) over the last three months, while Wall Street's consensus rating is a Hold with a $96.23 target; Sprouts recently beat EPS estimates and issued FY2026 guidance of 5.28–5.44 EPS.

Annex Advisory Services LLC decreased its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 87.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,307 shares of the company's stock after selling 181,024 shares during the quarter. Annex Advisory Services LLC's holdings in Sprouts Farmers Market were worth $2,096,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SFM. Bank of America Corp DE grew its stake in shares of Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company's stock worth $425,582,000 after acquiring an additional 1,494,014 shares during the last quarter. Voloridge Investment Management LLC grew its stake in shares of Sprouts Farmers Market by 652.7% in the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company's stock worth $153,544,000 after acquiring an additional 1,223,753 shares during the last quarter. Two Sigma Investments LP grew its stake in shares of Sprouts Farmers Market by 185.2% in the third quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company's stock worth $141,526,000 after acquiring an additional 844,717 shares during the last quarter. Nordea Investment Management AB boosted its stake in Sprouts Farmers Market by 39.1% during the fourth quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company's stock worth $186,647,000 after buying an additional 653,206 shares in the last quarter. Finally, AMF Tjanstepension AB boosted its stake in Sprouts Farmers Market by 6,089.8% during the third quarter. AMF Tjanstepension AB now owns 593,916 shares of the company's stock worth $64,618,000 after buying an additional 584,321 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Roth Mkm reiterated a "neutral" rating and set a $74.00 price target on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Royal Bank Of Canada decreased their price target on shares of Sprouts Farmers Market from $140.00 to $114.00 and set an "outperform" rating on the stock in a research note on Friday, February 20th. Evercore set a $90.00 price target on shares of Sprouts Farmers Market and gave the stock an "outperform" rating in a research note on Friday, March 27th. Wall Street Zen cut Sprouts Farmers Market from a "buy" rating to a "hold" rating in a report on Saturday, February 21st. Finally, UBS Group cut their price objective on Sprouts Farmers Market from $108.00 to $75.00 and set a "neutral" rating for the company in a report on Wednesday, February 18th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $96.23.

Insiders Place Their Bets

In related news, insider David Mcglinchey sold 4,872 shares of Sprouts Farmers Market stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $80.82, for a total value of $393,755.04. Following the completion of the transaction, the insider directly owned 48,737 shares of the company's stock, valued at $3,938,924.34. The trade was a 9.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Nicholas Konat sold 10,123 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $80.82, for a total value of $818,140.86. Following the sale, the chief operating officer directly owned 80,139 shares of the company's stock, valued at $6,476,833.98. This represents a 11.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 129,750 shares of company stock valued at $10,566,838 over the last three months. Company insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Performance

Sprouts Farmers Market stock opened at $74.93 on Thursday. The stock has a 50-day simple moving average of $74.89 and a 200 day simple moving average of $82.12. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $182.00. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 14.14, a P/E/G ratio of 1.62 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The business had revenue of $2.15 billion during the quarter, compared to analysts' expectations of $2.15 billion. During the same period in the previous year, the business posted $0.79 earnings per share. The firm's revenue for the quarter was up 7.6% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

About Sprouts Farmers Market

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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