Sprouts Farmers Market (NASDAQ:SFM) CEO Jack Sinclair Sells 10,790 Shares of Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,790 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $22,149,159.20. The trade was a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 shares were sold at an average price of $86.92, for a total transaction of $937,692.96.
• On Friday, March 20th, Jack Sinclair sold 3,201 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.97, for a total transaction of $268,787.97.
• On Wednesday, March 18th, Jack Sinclair sold 4,754 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.50, for a total transaction of $396,959.00.
• On Monday, March 16th, Jack Sinclair sold 57,644 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $80.82, for a total transaction of $4,658,788.08.
• On Friday, March 13th, Jack Sinclair sold 1,052 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $79.38, for a total transaction of $83,507.76.

Sprouts Farmers Market Stock Down 2.2%

SFM stock opened at $84.74 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $173.96. The firm has a fifty day moving average price of $79.97 and a two-hundred day moving average price of $77.95. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.83 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the previous year, the firm earned $1.81 earnings per share. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. Research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Wall Street Analyst Weigh In

SFM has been the subject of several analyst reports. Roth Mkm reissued a “neutral” rating and set a $74.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Bank of America reduced their price target on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a report on Friday, February 20th. Wells Fargo & Company reduced their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, February 20th. UBS Group reduced their price target on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Finally, Wall Street Zen downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $96.08.

Hedge Funds Weigh In On Sprouts Farmers Market

Several hedge funds and other institutional investors have recently modified their holdings of SFM. Newbridge Financial Services Group Inc. acquired a new stake in Sprouts Farmers Market in the second quarter worth about $29,000. Smartleaf Asset Management LLC lifted its holdings in Sprouts Farmers Market by 98.6% in the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after purchasing an additional 141 shares during the period. TD Private Client Wealth LLC lifted its holdings in Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Sprouts Farmers Market in the first quarter worth about $25,000. Finally, Sound Income Strategies LLC acquired a new stake in Sprouts Farmers Market in the fourth quarter worth about $27,000.

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.