Key Points
- CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market on June 5 at an average price of $82.04, totaling about $885,212. The sale reduced his direct holdings by 3.84% and was made under a pre-arranged Rule 10b5-1 plan.
- Sinclair has made several other recent sales, including a 10,788-share sale on June 8 and a much larger 57,644-share sale in March, indicating continued insider selling activity.
- Sprouts recently reported better-than-expected quarterly earnings, with EPS of $1.71 vs. $1.67 expected and revenue of $2.33 billion, while analysts currently rate the stock a Hold with an average price target of $96.08.
Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) CEO Jack Sinclair sold 10,790 shares of the company's stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company's stock, valued at $22,149,159.20. The trade was a 3.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction of $937,692.96.
- On Friday, March 20th, Jack Sinclair sold 3,201 shares of Sprouts Farmers Market stock. The stock was 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 stock was 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 stock was 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 Price Performance
Shares of NASDAQ SFM opened at $84.74 on Wednesday. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $173.96. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $7.97 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.83 and a beta of 0.67. The firm has a 50-day moving average of $79.97 and a two-hundred day moving average of $77.95.
Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the company earned $1.81 EPS. Sprouts Farmers Market's revenue was up 4.1% on a year-over-year basis. 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, analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the stock. UBS Group cut 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. Wells Fargo & Company cut 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. BMO Capital Markets reissued a "market perform" rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Barclays cut their price target on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an "overweight" rating for the company in a report on Wednesday, February 18th. Finally, Melius Research downgraded shares of Sprouts Farmers Market from a "hold" rating to a "sell" rating and set a $70.00 price target for the company. in a report on Monday, April 6th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Sprouts Farmers Market presently has an average rating of "Hold" and an average price target of $96.08.
Check Out Our Latest Analysis on SFM
Hedge Funds Weigh In On Sprouts Farmers Market
A number of large investors have recently made changes to their positions in SFM. TD Private Client Wealth LLC increased its holdings in shares of Sprouts Farmers Market by 1,309.1% in the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company's stock valued at $25,000 after purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Sprouts Farmers Market in the 1st quarter valued at about $25,000. Sound Income Strategies LLC acquired a new position in shares of Sprouts Farmers Market in the 4th quarter valued at about $27,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at about $29,000. Finally, Clearstead Advisors LLC increased its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company's stock valued at $30,000 after purchasing an additional 160 shares during the period.
Sprouts Farmers Market Company Profile
(
Get Free Report)
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.
Further Reading
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