Vigilare Wealth Management Takes Position in Sprouts Farmers Market, Inc. $SFM

Key Points

• Vigilare Wealth Management has acquired a stake of 3,189 shares in Sprouts Farmers Market, Inc. (NASDAQ:SFM), valued at approximately $525,000, in its recent SEC filing.
• Several institutional investors, including Two Sigma Investments LP and GAMMA Investing LLC, significantly increased their holdings in Sprouts Farmers Market, indicating growing interest in the company.
• Wall Street analysts have upgraded Sprouts Farmers Market's rating, with firms like Wells Fargo and Barclays setting higher price targets, reflecting a consensus of a "Moderate Buy" rating.

Vigilare Wealth Management acquired a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,189 shares of the company's stock, valued at approximately $525,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Two Sigma Investments LP raised its holdings in shares of Sprouts Farmers Market by 21.3% during the fourth quarter. Two Sigma Investments LP now owns 12,890 shares of the company's stock valued at $1,638,000 after acquiring an additional 2,261 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Sprouts Farmers Market by 24.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,954 shares of the company's stock valued at $757,000 after acquiring an additional 1,178 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Sprouts Farmers Market by 111.3% during the first quarter. Versant Capital Management Inc now owns 319 shares of the company's stock valued at $49,000 after acquiring an additional 168 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Sprouts Farmers Market by 18,234.0% during the first quarter. GAMMA Investing LLC now owns 358,246 shares of the company's stock valued at $54,683,000 after acquiring an additional 356,292 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Sprouts Farmers Market by 1.2% during the first quarter. Rhumbline Advisers now owns 314,416 shares of the company's stock valued at $47,992,000 after acquiring an additional 3,600 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wells Fargo & Company upgraded Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $175.00 to $180.00 in a report on Tuesday, August 5th. JPMorgan Chase & Co. initiated coverage on Sprouts Farmers Market in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $159.00 target price on the stock. Wall Street Zen raised Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Sunday, September 21st. Barclays raised Sprouts Farmers Market from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $173.00 to $185.00 in a research report on Thursday, July 31st. Finally, Evercore ISI lowered their price objective on Sprouts Farmers Market from $195.00 to $190.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 12th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $178.64.

Sprouts Farmers Market Trading Down 0.6%

Shares of SFM opened at $108.80 on Wednesday. The business's 50 day moving average is $140.07 and its 200 day moving average is $153.64. The company has a market capitalization of $10.63 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 1.24 and a beta of 0.86. Sprouts Farmers Market, Inc. has a 12-month low of $107.65 and a 12-month high of $182.00.

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, beating the consensus estimate 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 return on equity of 36.53% and a net margin of 5.77%.The firm's quarterly revenue was up 17.3% on a year-over-year basis. During the same quarter last 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. Equities research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Sprouts Farmers Market declared that its board has authorized a stock buyback plan on Tuesday, August 19th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

Insiders Place Their Bets

In other Sprouts Farmers Market news, insider Dustin Hamilton sold 7,200 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $138.95, for a total value of $1,000,440.00. Following the sale, the insider 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CTO James H. Bahrenburg sold 4,292 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $137.06, for a total value of $588,261.52. Following the completion of the sale, the chief technology officer directly owned 9,167 shares in the company, valued at approximately $1,256,429.02. The trade was a 31.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,561 shares of company stock worth $5,499,641. 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.

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