Sprouts Farmers Market (NASDAQ:SFM) COO Sells $1,102,090.20 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Nicholas Konat also recently made the following trade(s):

• On Friday, March 20th, Nicholas Konat sold 530 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.97, for a total value of $44,504.10.
• On Wednesday, March 18th, Nicholas Konat sold 952 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.50, for a total value of $79,492.00.
• On Monday, March 16th, Nicholas Konat sold 10,123 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $80.82, for a total transaction of $818,140.86.

Sprouts Farmers Market Price Performance

NASDAQ SFM opened at $86.33 on Monday. The firm’s 50 day moving average is $80.59 and its 200-day moving average is $78.09. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $8.12 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 1.83 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $173.96.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SFM shares. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price objective on shares of Sprouts Farmers Market in a report on Friday, February 20th. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Roth Mkm reaffirmed a “neutral” rating and set a $74.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Finally, Melius Research cut Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective on the stock. in a research note on Monday, April 6th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $96.08.

Institutional Trading of Sprouts Farmers Market

Several institutional investors and hedge funds have recently bought and sold shares of the business. Focus Partners Wealth bought a new stake in Sprouts Farmers Market in the 1st quarter valued at $400,000. Baird Financial Group Inc. boosted its position in Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after purchasing an additional 1,534 shares during the period. Cerity Partners LLC increased its holdings in shares of Sprouts Farmers Market by 13.1% in the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock valued at $3,713,000 after purchasing an additional 2,609 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Sprouts Farmers Market by 12.0% in the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock valued at $3,767,000 after purchasing an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Sprouts Farmers Market by 64.0% in the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after purchasing an additional 4,492 shares during the period.

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.