Key Points
- CMO Alisa Gmelich sold 3,161 shares on Dec. 12 at an average price of $79.39 for $250,951.79, cutting her stake by 36.28% to 5,552 shares (SEC Form 4 filing).
- Recent results and guidance: Sprouts reported $1.22 EPS (beating by $0.05) and revenue of $2.20B (up 13.1% year-over-year), and set FY2025 EPS guidance of $5.240–5.280 and Q4 guidance of $0.860–0.900.
- Investor sentiment: Institutional buying has surged (e.g., Bank of America, Voloridge, Two Sigma), and analysts hold a consensus "Moderate Buy" with a $137.86 price target despite a current market price near $79 and a P/E of 15.32.
Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) CMO Alisa Gmelich sold 3,161 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total value of $250,951.79. Following the completion of the transaction, the chief marketing officer owned 5,552 shares of the company's stock, valued at $440,773.28. The trade was a 36.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Sprouts Farmers Market Price Performance
Shares of NASDAQ SFM opened at $79.23 on Wednesday. The firm has a market capitalization of $7.71 billion, a P/E ratio of 15.32, a PEG ratio of 0.92 and a beta of 0.70. Sprouts Farmers Market, Inc. has a one year low of $75.75 and a one year high of $182.00. The company's fifty day moving average is $90.04 and its two-hundred day moving average is $127.52. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 1.05.
Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.05. The company had revenue of $2.20 billion during the quarter, compared to analysts' expectations of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The firm's quarterly revenue was up 13.1% compared to the same quarter last year. During the same period last year, the company posted $0.91 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. Analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.
Sprouts Farmers Market declared that its Board of Directors has authorized a share buyback program on Tuesday, August 19th that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
Hedge Funds Weigh In On Sprouts Farmers Market
A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company's stock valued at $425,582,000 after acquiring an additional 1,494,014 shares during the last quarter. Voloridge Investment Management LLC grew its holdings in shares of Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company's stock worth $153,544,000 after purchasing an additional 1,223,753 shares during the period. Norges Bank acquired a new stake in Sprouts Farmers Market during the 2nd quarter worth approximately $198,080,000. Two Sigma Investments LP raised its holdings in Sprouts Farmers Market by 185.2% in the third quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company's stock valued at $141,526,000 after buying an additional 844,717 shares during the period. Finally, Wellington Management Group LLP lifted its position in Sprouts Farmers Market by 300.3% during the first quarter. Wellington Management Group LLP now owns 1,037,187 shares of the company's stock valued at $158,316,000 after buying an additional 778,079 shares in the last quarter.
Analyst Ratings Changes
Several research analysts recently issued reports on SFM shares. Weiss Ratings restated a "hold (c)" rating on shares of Sprouts Farmers Market in a research report on Monday. Wells Fargo & Company reduced their price objective on Sprouts Farmers Market from $180.00 to $135.00 and set an "overweight" rating on the stock in a research report on Thursday, October 30th. UBS Group set a $108.00 price objective on Sprouts Farmers Market in a research report on Thursday, October 30th. Bank of America cut their price objective on shares of Sprouts Farmers Market from $200.00 to $160.00 and set a "buy" rating for the company in a research report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a "neutral" rating for the company in a research report on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $137.86.
Check Out Our Latest Analysis on Sprouts Farmers Market
Sprouts Farmers Market Company Profile
(
Get Free Report)
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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