BlackRock Amends Sprouts Farmers Market Stake (10th Amendment)

TL;DR

**BlackRock updated its Sprouts Farmers Market ownership, confirming its continued large stake.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in its ownership of Sprouts Farmers Market, Inc. common stock as of December 31, 2023. This amendment, number 10, shows that BlackRock continues to be a significant institutional investor in Sprouts Farmers Market, Inc. For investors, this filing confirms BlackRock's ongoing interest and substantial holding in the company, which can be seen as a vote of confidence from a major asset manager.

Why It Matters

This filing shows that a major institutional investor, BlackRock, still holds a significant position in Sprouts Farmers Market, Inc., which can influence market perception and stock stability.

Risk Assessment

Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate significant risk or opportunity.

Analyst Insight

Investors should note BlackRock's continued presence as a major shareholder, which suggests institutional confidence in Sprouts Farmers Market, Inc. However, this routine update doesn't provide new information to warrant immediate action beyond monitoring future filings for significant changes in ownership percentage.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• Sprouts Farmers Market, Inc. (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 23, 2024 (date) — the date the SC 13G/A was filed

FAQ

From the Filing

0001086364-24-001746.txt : 20240123 0001086364-24-001746.hdr.sgml : 20240123 20240123161358 ACCESSION NUMBER: 0001086364-24-001746 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240123 DATE AS OF CHANGE: 20240123 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sprouts Farmers Market, Inc. CENTRAL INDEX KEY: 0001575515 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 320331600 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87653 FILM NUMBER: 24552746 BUSINESS ADDRESS: STREET 1: 5455 E. HIGH ST. STREET 2: SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 BUSINESS PHONE: 480-814-8016 MAIL ADDRESS: STREET 1: 5455 E. HIGH ST. STREET 2: SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 FORMER COMPANY: FORMER CONFORMED NAME: Sprouts Farmers Markets, LLC DATE OF NAME CHANGE: 20130426 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us85208m1027_012324.txt us85208m1027_012324.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 10) SPROUTS FARMERS MARKET INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 85208M102 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 85208M102 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 12531225 (6) Shared voting power 0 (7) Sole dispositive power 12703240 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 12703240 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 12.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- SPROUTS FARMERS MARKET INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 5455 E. HIGH ST., SUITE 111 PHOENIX AZ 85054 Item 2. 2(a) Name of person filing: ------------------------------------