Cinctive Capital Management LP Makes New $3.89 Million Investment in Sprouts Farmers Market, Inc. $SFM

Key Points

• Cinctive Capital opened a new position of 35,770 shares in Sprouts Farmers Market valued at about $3.89 million in the third quarter, per an SEC filing.
• Sprouts beat quarterly EPS estimates ($0.92 vs. $0.89) with revenue of $2.15 billion (+7.6% YoY) and issued FY2026 EPS guidance of 5.280–5.440 and Q1 guidance of 1.660–1.700.
• Several analysts have trimmed price targets recently, but the consensus rating remains a "Moderate Buy" with a consensus target of $101.75; the stock opened at $82.06 and trades below its 200-day average of $90.20.

Cinctive Capital Management LP purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 35,770 shares of the company's stock, valued at approximately $3,892,000.

Several other hedge funds also recently modified their holdings of the business. Clark Capital Management Group Inc. raised its stake in Sprouts Farmers Market by 386.2% during the 3rd quarter. Clark Capital Management Group Inc. now owns 294,968 shares of the company's stock valued at $32,093,000 after purchasing an additional 234,295 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Sprouts Farmers Market by 21.8% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,900 shares of the company's stock valued at $864,000 after purchasing an additional 1,415 shares during the period. California Public Employees Retirement System grew its position in Sprouts Farmers Market by 4.1% in the 3rd quarter. California Public Employees Retirement System now owns 204,702 shares of the company's stock worth $22,272,000 after purchasing an additional 8,103 shares during the last quarter. Boothbay Fund Management LLC acquired a new stake in Sprouts Farmers Market in the 3rd quarter worth $855,000. Finally, Aquatic Capital Management LLC increased its holdings in shares of Sprouts Farmers Market by 21.5% during the 3rd quarter. Aquatic Capital Management LLC now owns 109,735 shares of the company's stock worth $11,939,000 after purchasing an additional 19,444 shares during the period.

Analyst Ratings Changes

Several equities research analysts recently weighed in on SFM shares. Wells Fargo & Company reduced their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an "overweight" rating for the company in a research note on Friday, February 20th. Royal Bank Of Canada lowered their price target on 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. Deutsche Bank Aktiengesellschaft cut Sprouts Farmers Market from a "buy" rating to a "hold" rating and set a $88.00 price target for the company. in a report on Thursday, January 8th. Bank of America reduced their price objective on Sprouts Farmers Market from $104.00 to $92.00 and set a "buy" rating for the company in a research report on Friday, February 20th. Finally, Wall Street Zen lowered Sprouts Farmers Market from a "buy" rating to a "hold" rating in a report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $101.75.

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock opened at $82.06 on Monday. The business has a 50 day simple moving average of $73.34 and a 200 day simple moving average of $90.20. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.44. The company has a market capitalization of $7.76 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share 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 firm had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.15 billion. The business's revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.79 earnings per share. 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, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Insider Activity

In other news, Director Kristen E. Blum purchased 1,325 shares of Sprouts Farmers Market stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of $76.00 per share, for a total transaction of $100,700.00. Following the completion of the transaction, the director directly owned 54,407 shares in the company, valued at approximately $4,134,932. This represents a 2.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joel D. Anderson acquired 4,400 shares of the firm's stock in a transaction on Monday, March 9th. The shares were purchased at an average cost of $77.17 per share, for a total transaction of $339,548.00. Following the completion of the purchase, the director directly owned 24,802 shares of the company's stock, valued at approximately $1,913,970.34. The trade was a 21.57% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.10% of the stock is currently owned by corporate insiders.

Sprouts Farmers Market Company 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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