B. Metzler seel. Sohn & Co. AG Sells 3,703 Shares of Sprouts Farmers Market, Inc. $SFM

Key Points

• B. Metzler seel. Sohn & Co. AG has reduced its stake in Sprouts Farmers Market by 29%, holding 9,068 shares valued at approximately $1.38 million.
• Insider transactions reveal significant sales, with Director Joe Fortunato selling 10,000 shares for approximately $1.48 million and CEO Jack Sinclair selling 4,054 shares for about $650,000.
• Analysts maintain a consensus rating of "Moderate Buy" for Sprouts Farmers Market, with price targets reaching as high as $190.00.

B. Metzler seel. Sohn & Co. AG lessened its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 29.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,068 shares of the company's stock after selling 3,703 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Sprouts Farmers Market were worth $1,384,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sowell Financial Services LLC bought a new position in shares of Sprouts Farmers Market in the first quarter valued at approximately $270,000. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Sprouts Farmers Market in the fourth quarter valued at approximately $2,618,000. Clark Capital Management Group Inc. boosted its position in shares of Sprouts Farmers Market by 32.1% in the fourth quarter. Clark Capital Management Group Inc. now owns 100,165 shares of the company's stock valued at $12,728,000 after acquiring an additional 24,364 shares during the period. Two Sigma Investments LP lifted its position in Sprouts Farmers Market by 21.3% during the fourth quarter. Two Sigma Investments LP now owns 12,890 shares of the company's stock valued at $1,638,000 after purchasing an additional 2,261 shares during the last quarter. Finally, Anderson Hoagland & Co. bought a new stake in Sprouts Farmers Market during the first quarter valued at approximately $2,866,000.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SFM. UBS Group set a $180.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 31st. Royal Bank Of Canada lifted their target price on shares of Sprouts Farmers Market from $173.00 to $176.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. Wells Fargo & Company upgraded shares of Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $175.00 to $180.00 in a research report on Tuesday, August 5th. Jefferies Financial Group upgraded shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating and set a $190.00 target price for the company in a research report on Friday, August 1st. Finally, Barclays raised shares of Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $173.00 to $185.00 in a research note on Thursday, July 31st. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $173.73.

Insider Buying and Selling

In related news, insider Timmi Zalatoris sold 2,000 shares of Sprouts Farmers Market stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $164.38, for a total value of $328,760.00. Following the sale, the insider owned 13,263 shares in the company, valued at $2,180,171.94. The trade was a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jack Sinclair sold 4,054 shares of Sprouts Farmers Market stock in a transaction on Monday, June 16th. The shares were sold at an average price of $160.45, for a total transaction of $650,464.30. Following the completion of the sale, the chief executive officer owned 174,740 shares in the company, valued at approximately $28,037,033. This trade represents a 2.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,737 shares of company stock valued at $5,954,023 over the last quarter. Company insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ SFM traded up $1.73 during mid-day trading on Thursday, hitting $140.07. The stock had a trading volume of 1,784,074 shares, compared to its average volume of 1,497,461. Sprouts Farmers Market, Inc. has a 1 year low of $97.61 and a 1 year high of $182.00. The business has a 50 day moving average price of $154.08 and a two-hundred day moving average price of $156.32. The firm has a market cap of $13.69 billion, a P/E ratio of 28.82, a price-to-earnings-growth ratio of 1.56 and a beta of 0.86.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.23 by $0.12. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the previous year, the firm earned $0.94 earnings per share. The firm's revenue for the quarter was up 17.3% on a year-over-year basis. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Equities research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Sprouts Farmers Market announced that its board has authorized a stock repurchase plan on Tuesday, August 19th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.