Sprouts Farmers Market (NASDAQ:SFM) CEO Sells $915,577.56 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total value of $915,577.56. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $22,913,202.60. The trade was a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jack Sinclair also recently made the following trade(s):

• On Monday, June 8th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $86.92, for a total value of $937,692.96.
• On Friday, June 5th, Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $82.04, for a total value of $885,211.60.

Sprouts Farmers Market Price Performance

Shares of SFM traded down $3.84 during midday trading on Wednesday, hitting $80.25. 3,129,411 shares of the company traded hands, compared to its average volume of 2,557,663. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $171.15. The firm has a market cap of $7.55 billion, a P/E ratio of 15.43, a PEG ratio of 1.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The stock has a 50-day moving average of $83.51 and a 200-day moving average of $78.25.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. Sprouts Farmers Market’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business earned $1.81 earnings per share. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. As a group, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SFM. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a research report on Monday, April 6th. JPMorgan Chase & Co. upped their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $96.08.

Institutional Investors Weigh In On Sprouts Farmers Market

Hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Sprouts Farmers Market in the 2nd quarter worth about $29,000. TD Private Client Wealth LLC raised its holdings in shares of Sprouts Farmers Market by 1,309.1% during the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after buying an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market in the 1st quarter worth approximately $25,000. Sound Income Strategies LLC bought a new stake in Sprouts Farmers Market in the 4th quarter worth approximately $27,000. Finally, Clearstead Advisors LLC boosted its stake in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 160 shares in the last quarter.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.