Sprouts Farmers Market, Inc. $SFM Shares Bought by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Sprouts Farmers Market by 1.5%, owning 247,565 shares worth approximately $40.76 million as of the latest SEC filing.
• Company insiders, including CEO Jack Sinclair, have sold significant shares recently, with insider transactions totaling over $5.49 million in the last three months.
• Sprouts Farmers Market reported a 17.3% year-over-year revenue increase for the quarter, with earnings per share surpassing analysts' expectations, and has provided guidance predicting continued growth for FY 2025.

Robeco Institutional Asset Management B.V. boosted its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,565 shares of the company's stock after buying an additional 3,567 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.25% of Sprouts Farmers Market worth $40,759,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Dogwood Wealth Management LLC purchased a new position in shares of Sprouts Farmers Market during the 1st quarter worth approximately $30,000. Truvestments Capital LLC acquired a new position in Sprouts Farmers Market during the first quarter worth $35,000. SVB Wealth LLC acquired a new position in Sprouts Farmers Market during the first quarter worth $36,000. Brooklyn Investment Group boosted its position in shares of Sprouts Farmers Market by 12,100.0% during the first quarter. Brooklyn Investment Group now owns 244 shares of the company's stock worth $37,000 after buying an additional 242 shares during the period. Finally, Global Trust Asset Management LLC grew its stake in shares of Sprouts Farmers Market by 520.8% in the second quarter. Global Trust Asset Management LLC now owns 298 shares of the company's stock valued at $49,000 after buying an additional 250 shares in the last quarter.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Dustin Hamilton sold 7,200 shares of Sprouts Farmers Market stock in a transaction dated Thursday, September 11th. The stock was 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 directly owned 16,349 shares of the company's stock, valued at $2,271,693.55. The trade was a 30.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 4,045 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $138.60, for a total value of $560,637.00. Following the completion of the transaction, the chief executive officer owned 174,740 shares in the company, valued at approximately $24,218,964. The trade was a 2.26% decrease in their position. The disclosure for this sale can be found here. Insiders sold 37,561 shares of company stock worth $5,499,641 over the last three months. Company insiders own 1.10% of the company's stock.

Sprouts Farmers Market Stock Up 0.6%

Shares of Sprouts Farmers Market stock opened at $105.93 on Friday. Sprouts Farmers Market, Inc. has a 52-week low of $102.40 and a 52-week high of $182.00. The company has a 50 day moving average of $136.66 and a 200 day moving average of $152.86. The company has a market capitalization of $10.35 billion, a P/E ratio of 21.80, a P/E/G ratio of 1.19 and a beta of 0.77.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.12. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.16 billion. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The company's quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market declared that its Board of Directors has initiated a stock 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. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SFM. Wells Fargo & Company raised Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $175.00 to $180.00 in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Sunday, September 21st. UBS Group set a $180.00 price objective on shares of Sprouts Farmers Market in a report on Thursday, July 31st. Evercore ISI cut their target price on shares of Sprouts Farmers Market from $190.00 to $170.00 and set an "outperform" rating on the stock in a research note on Friday. Finally, Royal Bank Of Canada raised their price target on shares of Sprouts Farmers Market from $173.00 to $176.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $177.21.

Sprouts Farmers Market Company Profile

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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