Jump Financial LLC Has $18.55 Million Stake in Sprouts Farmers Market, Inc. $SFM

Key Points

• Jump Financial LLC has reduced its holdings in Sprouts Farmers Market by 3.8%, selling 4,848 shares during the first quarter, now owning over 121,542 shares valued at approximately $18.55 million.
• Several hedge funds, including XTX Topco Ltd and First Trust Advisors LP, have recently adjusted their positions in Sprouts Farmers Market, indicating increased interest among institutional investors.
• Sprouts Farmers Market reported a quarterly EPS of $1.35, exceeding the consensus estimate, and forecasted FY 2025 earnings per share in the range of 5.200 to 5.320.

Jump Financial LLC trimmed its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 3.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,542 shares of the company's stock after selling 4,848 shares during the period. Jump Financial LLC owned approximately 0.12% of Sprouts Farmers Market worth $18,552,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SFM. Whipplewood Advisors LLC boosted its position in shares of 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 purchasing an additional 92 shares in the last quarter. Dogwood Wealth Management LLC acquired a new position in shares of Sprouts Farmers Market during the 1st quarter valued at about $30,000. SVB Wealth LLC acquired a new stake in Sprouts Farmers Market during the 1st quarter worth approximately $36,000. Brooklyn Investment Group increased its position in Sprouts Farmers Market by 12,100.0% during the 1st quarter. Brooklyn Investment Group now owns 244 shares of the company's stock worth $37,000 after purchasing an additional 242 shares in the last quarter. Finally, GeoWealth Management LLC grew its position in Sprouts Farmers Market by 115.4% in the fourth quarter. GeoWealth Management LLC now owns 265 shares of the company's stock valued at $34,000 after acquiring an additional 142 shares in the last quarter.

Insider Activity

In other Sprouts Farmers Market news, insider Timmi Zalatoris sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $164.38, for a total transaction of $328,760.00. Following the completion of the sale, the insider owned 13,263 shares of the company's stock, valued at $2,180,171.94. This represents a 13.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Terri F. Graham sold 1,278 shares of the 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 directly owned 32,910 shares of the company's stock, valued at $5,923,800. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,589 shares of company stock valued at $8,926,483. Insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Up 0.2%

Shares of SFM traded up $0.26 during trading hours on Wednesday, reaching $144.54. The company's stock had a trading volume of 1,060,335 shares, compared to its average volume of 1,727,955. The company has a 50 day moving average of $157.48 and a two-hundred day moving average of $157.76. Sprouts Farmers Market, Inc. has a 1-year low of $96.05 and a 1-year high of $182.00. The firm has a market cap of $14.13 billion, a price-to-earnings ratio of 29.74, a P/E/G ratio of 1.64 and a beta of 0.78.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 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 firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the prior year, the company posted $0.94 earnings per share. The firm's revenue 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. As a group, analysts forecast 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 allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SFM. UBS Group set a $180.00 target price on Sprouts Farmers Market in a research note on Thursday, July 31st. Evercore ISI reduced 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. Roth Capital set a $155.00 price objective on Sprouts Farmers Market and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Royal Bank Of Canada raised their price objective on 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. Finally, JPMorgan Chase & Co. started coverage on Sprouts Farmers Market in a research note on Wednesday, August 20th. They set a "neutral" rating and a $159.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $173.73.

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.