Baader Bank Aktiengesellschaft Acquires 8,336 Shares of Sprouts Farmers Market, Inc. $SFM

Key Points

• Baader Bank Aktiengesellschaft significantly increased its stake in Sprouts Farmers Market by 106.3% during Q2, now holding 16,178 shares worth $2.66 million.
• Insider selling activity included CTO James H. Bahrenburg selling 4,292 shares and Dustin Hamilton selling 7,200 shares, reflecting notable decreases in their ownership positions.
• Sprouts Farmers Market reported strong quarterly earnings, with a 17.3% revenue increase year-over-year and raised its FY 2025 EPS guidance.

Baader Bank Aktiengesellschaft raised its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 106.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,178 shares of the company's stock after buying an additional 8,336 shares during the period. Baader Bank Aktiengesellschaft's holdings in Sprouts Farmers Market were worth $2,660,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC raised its stake in shares of Sprouts Farmers Market by 92.0% in the first quarter. Whipplewood Advisors LLC now owns 192 shares of the company's stock worth $29,000 after acquiring an additional 92 shares during the last quarter. Dogwood Wealth Management LLC bought a new position in shares of Sprouts Farmers Market in the first quarter worth about $30,000. Truvestments Capital LLC bought a new position in shares of Sprouts Farmers Market in the first quarter worth about $35,000. SVB Wealth LLC bought a new position in shares of Sprouts Farmers Market in the first quarter worth about $36,000. Finally, Brooklyn Investment Group raised its stake in shares of Sprouts Farmers Market by 12,100.0% in the first quarter. Brooklyn Investment Group now owns 244 shares of the company's stock worth $37,000 after acquiring an additional 242 shares during the last quarter.

Insider Activity at Sprouts Farmers Market

In other news, insider Dustin Hamilton sold 7,200 shares of the firm's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $138.95, for a total transaction of $1,000,440.00. Following the completion of the sale, the insider owned 16,349 shares in the company, valued at approximately $2,271,693.55. This trade represents a 30.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jack Sinclair sold 4,045 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $138.60, for a total transaction of $560,637.00. Following the sale, the chief executive officer owned 174,740 shares of the company's stock, valued at approximately $24,218,964. This represents a 2.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,561 shares of company stock worth $5,828,401 in the last quarter. 1.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

SFM has been the subject of a number of recent research reports. UBS Group set a $180.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 31st. Wall Street Zen raised shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research note on Sunday. Royal Bank Of Canada boosted their price target on shares of Sprouts Farmers Market from $173.00 to $176.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. Jefferies Financial Group raised 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 note on Friday, August 1st. Finally, Barclays raised shares of Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $173.00 to $185.00 in a research note on Thursday, July 31st. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $173.73.

Sprouts Farmers Market Stock Down 0.7%

SFM traded down $0.82 during trading hours on Monday, hitting $119.59. 1,906,124 shares of the company's stock were exchanged, compared to its average volume of 1,872,309. Sprouts Farmers Market, Inc. has a 1-year low of $106.45 and a 1-year high of $182.00. The stock's 50-day moving average is $146.53 and its two-hundred day moving average is $154.72. The stock has a market cap of $11.69 billion, a price-to-earnings ratio of 24.61, a PEG ratio of 1.36 and a beta of 0.87.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced 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. The business had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.16 billion. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The firm's revenue was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. On average, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market declared that its board has approved a share repurchase program on Tuesday, August 19th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are 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.