Key Points
- CEO insider sale: Sprouts Farmers Market CEO Jack Sinclair sold 10,788 shares for approximately $936,398 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct holdings by 3.84% to 269,980 shares.
- Solid quarterly performance: The company reported adjusted earnings of $1.37 per share and revenue of $2.33 billion, exceeding analyst estimates, while revenue increased 4.7% year over year.
- Mixed analyst outlook: Price targets range from $82 to $114, with JPMorgan upgrading the stock to “overweight,” but the broader analyst consensus remains “Hold” with an average target of $91.58.
Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $23,434,264. This trade represents a 3.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 Tuesday, July 7th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $84.87, for a total value of $915,577.56.
- 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 transaction of $885,211.60.
Sprouts Farmers Market Price Performance
SFM stock opened at $85.12 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. The company's fifty day moving average price is $81.78 and its 200-day moving average price is $78.18. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $153.75. The company has a market capitalization of $7.94 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 2.13 and a beta of 0.68.
Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.02. The company 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 5.58% and a return on equity of 34.84%. Sprouts Farmers Market's quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company posted $1.35 earnings per share. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. On average, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.
Institutional Trading of Sprouts Farmers Market
A number of institutional investors have recently bought and sold shares of the stock. Focus Partners Wealth purchased a new position in Sprouts Farmers Market during the first quarter worth $400,000. Baird Financial Group Inc. boosted its stake in shares of Sprouts Farmers Market by 77.7% during the 2nd 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 grew its holdings in Sprouts Farmers Market by 13.1% during the 2nd 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. raised its position in Sprouts Farmers Market by 12.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company's stock worth $3,767,000 after purchasing an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in Sprouts Farmers Market by 64.0% in the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company's stock worth $1,896,000 after purchasing an additional 4,492 shares during the last quarter.
Analysts Set New Price Targets
A number of research firms recently commented on SFM. UBS Group boosted their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday, July 31st. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and upped their price target for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $91.58.
Read Our Latest Research Report on Sprouts Farmers Market
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.
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