CW Advisors LLC Sells 104,554 Shares of Sprouts Farmers Market, Inc. $SFM

Key Points

• CW Advisors LLC significantly reduced its stake in Sprouts Farmers Market by 54.7% during the first quarter, now holding 86,674 shares valued at approximately $13.23 million.
• Sprouts Farmers Market reported strong financial performance with $1.35 EPS for the quarter, exceeding analyst expectations and a 17.3% increase in revenue year-over-year.
• Analysts have a consensus rating of "Moderate Buy" for Sprouts Farmers Market, with an average price target of $173.73, reflecting positive market sentiment.

CW Advisors LLC reduced its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 54.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,674 shares of the company's stock after selling 104,554 shares during the quarter. CW Advisors LLC owned 0.09% of Sprouts Farmers Market worth $13,230,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SFM. Assenagon Asset Management S.A. raised its stake in Sprouts Farmers Market by 1,033.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,476,351 shares of the company's stock valued at $225,350,000 after purchasing an additional 1,346,097 shares during the last quarter. Wellington Management Group LLP raised its stake in Sprouts Farmers Market by 300.3% during the 1st quarter. Wellington Management Group LLP now owns 1,037,187 shares of the company's stock valued at $158,316,000 after purchasing an additional 778,079 shares during the last quarter. Nuveen LLC acquired a new position in Sprouts Farmers Market during the 1st quarter valued at $106,852,000. Westfield Capital Management Co. LP acquired a new position in Sprouts Farmers Market during the 1st quarter valued at $71,699,000. Finally, Leigh Baldwin & CO. LLC bought a new position in Sprouts Farmers Market in the fourth quarter worth $53,946,000.

Sprouts Farmers Market Trading Down 1.4%

NASDAQ SFM traded down $2.13 during trading hours on Friday, reaching $146.28. 1,731,330 shares of the company's stock were exchanged, compared to its average volume of 1,770,014. The stock has a market cap of $14.30 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 1.65 and a beta of 0.78. Sprouts Farmers Market, Inc. has a one year low of $96.05 and a one year high of $182.00. The firm has a fifty day moving average of $158.13 and a 200-day moving average of $158.02.

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

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

Wall Street Analysts Forecast Growth

SFM has been the subject of several research reports. Jefferies Financial Group raised 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. JPMorgan Chase & Co. initiated coverage on Sprouts Farmers Market in a research report on Wednesday. They issued a "neutral" rating and a $159.00 target price for the company. UBS Group set a $180.00 target price on Sprouts Farmers Market in a research report on Thursday, July 31st. Roth Capital set a $155.00 price target on Sprouts Farmers Market and gave the company a "neutral" rating in a research note on Thursday, May 1st. Finally, Evercore ISI decreased their price target on Sprouts Farmers Market from $195.00 to $190.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 12th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $173.73.

Insiders Place Their Bets

In related news, Director Terri F. Graham sold 1,278 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $180.00, for a total value of $230,040.00. Following the completion of the sale, the director owned 32,910 shares of the company's stock, valued at $5,923,800. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Joseph D. O'leary sold 2,937 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $150.07, for a total transaction of $440,755.59. Following the completion of the sale, the director directly owned 14,994 shares of the company's stock, valued at approximately $2,250,149.58. This represents a 16.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 55,589 shares of company stock valued at $8,926,483 over the last quarter. Company insiders own 1.10% of the company's stock.

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.