Tidal Investments LLC Reduces Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Key Points

• Tidal Investments reduced its Sprouts Farmers Market position by 36.2% in the second quarter, selling 15,405 shares and retaining 27,114 shares valued at approximately $2.29 million.
• Sprouts exceeded quarterly expectations with EPS of $1.37 and revenue of $2.33 billion, while revenue increased 4.7% year over year. Management guided for third-quarter 2026 EPS of $1.20–$1.24 and full-year EPS of $5.32–$5.40.
• Analyst sentiment remains mixed: the stock carries an average “Hold” rating and a $92.25 consensus price target, while shares recently opened at $71.06. Insiders have also sold 35,253 shares worth about $3.0 million over the past three months.

Tidal Investments LLC lessened its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 36.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,114 shares of the company's stock after selling 15,405 shares during the quarter. Tidal Investments LLC's holdings in Sprouts Farmers Market were worth $2,293,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. WINTON GROUP Ltd acquired a new position in Sprouts Farmers Market during the second quarter worth about $474,000. NewEdge Advisors LLC grew its position in shares of Sprouts Farmers Market by 8.1% in the second quarter. NewEdge Advisors LLC now owns 5,019 shares of the company's stock valued at $425,000 after purchasing an additional 378 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of Sprouts Farmers Market by 17.1% in the second quarter. Baird Financial Group Inc. now owns 3,239 shares of the company's stock valued at $274,000 after purchasing an additional 474 shares during the last quarter. Waverly Advisors LLC purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $203,000. Finally, Nykredit A S purchased a new position in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $402,000.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock opened at $71.06 on Thursday. The business's fifty day moving average price is $79.79 and its 200 day moving average price is $80.32. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $126.85. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $6.63 billion, a P/E ratio of 13.61, a PEG ratio of 1.82 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm's revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.35 earnings per share. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. As a group, research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on SFM shares. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Roth Capital set a $82.00 price target on Sprouts Farmers Market in a research report on Friday, July 31st. JPMorgan Chase & Co. raised Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $80.00 to $103.00 in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $84.00 price objective on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $92.25.

Insider Buying and Selling

In related news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $82.66, for a total transaction of $891,736.08. Following the completion of the sale, the chief executive officer owned 269,980 shares of the company's stock, valued at approximately $22,316,546.80. This represents a 3.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph O'Leary sold 2,597 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares in the company, valued at $1,214,604.70. The trade was a 15.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 35,253 shares of company stock valued at $2,981,611. Corporate insiders own 1.30% of the company's stock.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic foods. Its stores offer produce, meat and seafood, dairy and refrigerated products, bakery items, prepared foods, bulk goods, vitamins and supplements, and other better-for-you grocery products. The company also provides private-label merchandise and products designed to meet a range of dietary preferences, including plant-based and gluten-free options.

Sprouts was founded in 2002, with its first store opening in Chandler, Arizona.

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