Assetmark Inc. Trims Stake in Sprouts Farmers Market, Inc. $SFM

Key Points

• Assetmark Inc. slashed its stake in Sprouts by 80.3% in Q4, selling 711,163 shares and retaining 174,322 shares (about 0.18% of the company) valued at roughly $13.9 million.
• Company insiders have been sizable net sellers—including two large March 18 transactions—with 129,750 shares sold over the last 90 days worth about $10.57 million, leaving insiders with 1.10% ownership.
• Sprouts beat Q4 EPS expectations ($0.92 vs. $0.89) and issued FY2026 guidance of 5.28–5.44 EPS, but the stock trades near $73 and analysts maintain a consensus "Hold" with a $96.23 target amid several price-target cuts.

Assetmark Inc. lowered its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 80.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 174,322 shares of the company's stock after selling 711,163 shares during the quarter. Assetmark Inc. owned about 0.18% of Sprouts Farmers Market worth $13,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Chicago Partners Investment Group LLC lifted its holdings in shares of Sprouts Farmers Market by 1.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company's stock worth $1,117,000 after acquiring an additional 102 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in Sprouts Farmers Market by 3.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 3,505 shares of the company's stock valued at $381,000 after buying an additional 108 shares in the last quarter. MML Investors Services LLC lifted its holdings in Sprouts Farmers Market by 0.6% during the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company's stock valued at $3,340,000 after buying an additional 124 shares in the last quarter. Balefire LLC lifted its holdings in Sprouts Farmers Market by 5.2% during the 3rd quarter. Balefire LLC now owns 2,506 shares of the company's stock valued at $273,000 after buying an additional 125 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in Sprouts Farmers Market by 15.9% during the 3rd quarter. Global Retirement Partners LLC now owns 963 shares of the company's stock valued at $105,000 after buying an additional 132 shares in the last quarter.

Sprouts Farmers Market Stock Down 2.3%

SFM stock opened at $73.19 on Friday. The firm's fifty day simple moving average is $75.03 and its 200-day simple moving average is $82.05. The company has a market capitalization of $6.92 billion, a P/E ratio of 13.81, a price-to-earnings-growth ratio of 1.61 and a beta of 0.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.44. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The firm 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 EPS. The business's revenue 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. As a group, equities research analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SFM shares. Royal Bank Of Canada reduced their price target on shares of Sprouts Farmers Market from $140.00 to $114.00 and set an "outperform" rating for the company in a report on Friday, February 20th. Weiss Ratings reiterated a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Friday, March 27th. BMO Capital Markets reiterated a "market perform" rating and set a $70.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Barclays dropped their target price on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 18th. Finally, Bank of America dropped their target price on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a "buy" rating on the stock in a research report on Friday, February 20th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Sprouts Farmers Market has a consensus rating of "Hold" and a consensus target price of $96.23.

Insider Transactions at Sprouts Farmers Market

In related news, insider Brandon F. Lombardi sold 11,745 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $81.59, for a total value of $958,274.55. Following the completion of the transaction, the insider directly owned 8,262 shares in the company, valued at $674,096.58. The trade was a 58.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Timmi Zalatoris sold 9,820 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $83.93, for a total transaction of $824,192.60. Following the completion of the transaction, the insider owned 14,367 shares of the company's stock, valued at approximately $1,205,822.31. This represents a 40.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 129,750 shares of company stock worth $10,566,838. Insiders own 1.10% 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. 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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