Eisler Capital Management Ltd. Purchases 20,985 Shares of Sprouts Farmers Market, Inc. $SFM

Key Points

• Eisler Capital Management Ltd. significantly increased its stake in Sprouts Farmers Market, Inc., acquiring 20,985 additional shares and raising its position by 732.2%, bringing its total holdings to 23,851 shares valued at approximately $3.6 million.
• Recent transactions also saw other major investors, including Crossmark Global Holdings and Whipplewood Advisors, modify their holdings in Sprouts, indicating rising interest in the stock.
• Wall Street analysts have a generally positive outlook on Sprouts Farmers Market, with a consensus rating of "Moderate Buy" and an average price target of $173.73.

Eisler Capital Management Ltd. raised its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 732.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 23,851 shares of the company's stock after purchasing an additional 20,985 shares during the period. Eisler Capital Management Ltd.'s holdings in Sprouts Farmers Market were worth $3,641,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of SFM. Crossmark Global Holdings Inc. lifted its holdings in Sprouts Farmers Market by 1.2% in the first quarter. Crossmark Global Holdings Inc. now owns 7,201 shares of the company's stock valued at $1,099,000 after buying an additional 84 shares during the period. Whipplewood Advisors LLC grew its holdings in Sprouts Farmers Market by 92.0% during the 1st quarter. Whipplewood Advisors LLC now owns 192 shares of the company's stock worth $29,000 after acquiring an additional 92 shares during the period. Avantax Advisory Services Inc. raised its position in shares of Sprouts Farmers Market by 2.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 4,899 shares of the company's stock worth $748,000 after acquiring an additional 99 shares in the last quarter. JT Stratford LLC raised its position in shares of Sprouts Farmers Market by 0.9% in the 4th quarter. JT Stratford LLC now owns 11,091 shares of the company's stock worth $1,409,000 after acquiring an additional 100 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC lifted its stake in shares of Sprouts Farmers Market by 3.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 3,492 shares of the company's stock valued at $533,000 after purchasing an additional 102 shares during the period.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Evercore ISI decreased their target price on Sprouts Farmers Market from $195.00 to $190.00 and set an "outperform" rating for the company in a research note on Tuesday, August 12th. UBS Group set a $180.00 price target on Sprouts Farmers Market in a report on Thursday, July 31st. Royal Bank Of Canada raised their price objective on shares of Sprouts Farmers Market from $173.00 to $176.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. Roth Capital set a $155.00 price objective on shares of Sprouts Farmers Market and gave the company a "neutral" rating in a research note on Thursday, May 1st. Finally, Wells Fargo & Company upgraded shares of Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $175.00 to $180.00 in a research report on Tuesday, August 5th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, Sprouts Farmers Market has a consensus rating of "Moderate Buy" and a consensus price target of $173.73.

Insider Transactions at Sprouts Farmers Market

In related news, Director Terri F. Graham sold 1,278 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $180.00, for a total value of $230,040.00. Following the sale, the director owned 32,910 shares in the company, valued at $5,923,800. This represents a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joe Fortunato sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $147.57, for a total transaction of $1,475,700.00. Following the completion of the transaction, the director directly owned 18,164 shares in the company, valued at approximately $2,680,461.48. The trade was a 35.51% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 35,319 shares of company stock valued at $5,531,258. Corporate insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $144.59 on Thursday. The stock has a market capitalization of $14.13 billion, a PE ratio of 29.75, a price-to-earnings-growth ratio of 1.63 and a beta of 0.78. Sprouts Farmers Market, Inc. has a 52 week low of $96.05 and a 52 week high of $182.00. The stock has a 50 day moving average price of $157.14 and a two-hundred day moving average price of $157.67.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $1.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.12. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The company had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.16 billion. During the same period last year, the business earned $0.94 EPS. Sprouts Farmers Market's quarterly revenue was up 17.3% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. 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 approved a share repurchase program on Tuesday, August 19th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board 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.

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