Sprouts Farmers Market (NASDAQ:SFM) CEO Jack Sinclair Sells 10,788 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, July 7th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $84.87, for a total transaction of $915,577.56.
• On Monday, June 8th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $86.92, for a total transaction 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 Stock Down 1.1%

Sprouts Farmers Market stock opened at $85.12 on Thursday. The firm has a market cap of $7.94 billion, a price-to-earnings ratio of 16.31, a PEG ratio of 2.13 and a beta of 0.68. The stock has a fifty day simple moving average of $81.78 and a two-hundred day simple moving average of $78.18. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $153.75. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the business earned $1.35 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. 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. Equities analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Institutional Investors Weigh In On Sprouts Farmers Market

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SFM. Focus Partners Wealth purchased a new stake in shares of Sprouts Farmers Market in the first quarter worth $400,000. Baird Financial Group Inc. lifted its stake in shares of Sprouts Farmers Market by 77.7% during the 2nd quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after buying an additional 1,534 shares in the last quarter. Cerity Partners LLC boosted its holdings in Sprouts Farmers Market by 13.1% in the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after buying an additional 2,609 shares during the period. Daiwa Securities Group Inc. boosted its holdings in Sprouts Farmers Market by 12.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after buying an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Sprouts Farmers Market by 64.0% in the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after buying an additional 4,492 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. UBS Group raised their price target on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Finally, Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Sprouts Farmers Market has an average rating of “Hold” and a consensus target price of $91.58.

Sprouts Farmers Market Company Profile

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.