Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total value of $915,577.56. Following the sale, the chief executive officer directly owned 269,980 shares of the company's stock, valued at $22,913,202.60. This represents a 3.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 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 Trading Down 4.6%
SFM opened at $80.25 on Thursday. The stock has a market capitalization of $7.55 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 1.78 and a beta of 0.67. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $171.15. The company has a 50-day simple moving average of $83.68 and a 200 day simple moving average of $78.25.
Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the business posted $1.81 EPS. The firm's revenue for the quarter 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. Analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Evercore reiterated an "outperform" rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. JPMorgan Chase & Co. upped their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a "neutral" rating in a report on Thursday, April 30th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Melius Research lowered 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. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Seven equities research 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, the company has an average rating of "Hold" and a consensus target price of $96.08.
View Our Latest Analysis on Sprouts Farmers Market
Institutional Investors Weigh In On Sprouts Farmers Market
Several hedge funds have recently added to or reduced their stakes in SFM. Vanguard Group Inc. raised its stake in shares of Sprouts Farmers Market by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company's stock worth $789,802,000 after acquiring an additional 28,951 shares in the last quarter. State Street Corp lifted its position in Sprouts Farmers Market by 2.4% in the fourth quarter. State Street Corp now owns 3,115,029 shares of the company's stock valued at $248,174,000 after purchasing an additional 71,905 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company's stock worth $425,582,000 after purchasing an additional 1,494,014 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Sprouts Farmers Market by 39.1% in the fourth quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company's stock worth $186,647,000 after buying an additional 653,206 shares during the period. Finally, Morgan Stanley grew its holdings in Sprouts Farmers Market by 51.0% in the 4th quarter. Morgan Stanley now owns 2,098,249 shares of the company's stock worth $167,168,000 after acquiring an additional 708,529 shares during the last quarter.
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.
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