Key Points
- Sprouts Farmers Market COO Nicholas Konat sold 12,538 shares on June 11 at an average price of $87.90, generating about $1.10 million. The sale reduced his ownership by 15.94%.
- Konat has also sold shares in recent months, including larger transactions in March, suggesting a pattern of insider selling rather than a one-time trade.
- The company recently reported solid quarterly results, with EPS of $1.71 and revenue of $2.33 billion, both slightly ahead of estimates. Analysts currently have a consensus rating of “Hold” with an average price target of $96.08.
Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) COO Nicholas Konat sold 12,538 shares of the business's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the sale, the chief operating officer owned 66,119 shares of the company's stock, valued at $5,811,860.10. This trade 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 can be accessed through this link.
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 shares were sold at an average price of $80.82, for a total value of $818,140.86.
Sprouts Farmers Market Stock Performance
SFM opened at $86.33 on Friday. The business has a fifty day simple moving average of $80.59 and a 200 day simple moving average of $78.10. The company has a market capitalization of $8.12 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 1.86 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $173.96. 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 (NASDAQ:SFM - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 EPS. 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 expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.
Hedge Funds Weigh In On Sprouts Farmers Market
A number of institutional investors have recently modified their holdings of SFM. Norges Bank acquired a new position in shares of Sprouts Farmers Market during the 4th quarter worth $161,398,000. Swedbank AB acquired a new position in shares of Sprouts Farmers Market during the 1st quarter worth $121,906,000. Bank of America Corp DE raised its holdings in shares of Sprouts Farmers Market by 137.0% during the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company's stock worth $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC raised its holdings in shares of Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company's stock worth $153,544,000 after buying an additional 1,223,753 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in shares of Sprouts Farmers Market during the 4th quarter worth $81,557,000.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. The Goldman Sachs Group set a $111.00 target price on Sprouts Farmers Market in a research report on Friday, February 20th. Roth Mkm reiterated a "neutral" rating and set a $74.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Melius Research downgraded Sprouts Farmers Market from a "hold" rating to a "sell" rating and set a $70.00 target price for the company. in a research report on Monday, April 6th. Weiss Ratings reiterated a "hold (c)" rating on shares of Sprouts Farmers Market in a research report on Friday, March 27th. Finally, Wall Street Zen downgraded Sprouts Farmers Market from a "buy" rating to a "hold" rating in a research report on Saturday, February 21st. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $96.08.
Check Out Our Latest Stock Report on SFM
About Sprouts Farmers Market
(
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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