Key Points
- CEO Jack Sinclair sold 10,788 Sprouts Farmers Market shares at an average price of $64.48, generating approximately $695,610. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving him with 269,980 shares.
- Sinclair has made several similar monthly sales, selling 10,788 shares each time from July through October, though the average sale price declined from $86.80 in August to $64.48 in October.
- Sprouts reported quarterly revenue of $2.33 billion and adjusted earnings of $1.37 per share, both slightly ahead of estimates. Analysts maintain a consensus “Hold” rating with an average price target of $91.67, versus the stock’s reported price of $64.92.
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 Monday, October 5th. The shares were sold at an average price of $64.48, for a total transaction of $695,610.24. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at $17,408,310.40. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 Friday, October 2nd, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $64.77, for a total transaction of $698,738.76.
- On Tuesday, September 1st, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $82.66, for a total value of $891,736.08.
- On Tuesday, August 4th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $86.80, for a total value of $936,398.40.
- On Tuesday, July 7th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $84.87, for a total value of $915,577.56.
Sprouts Farmers Market Price Performance
Sprouts Farmers Market stock opened at $64.92 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. Sprouts Farmers Market, Inc. has a 52 week low of $61.88 and a 52 week high of $114.34. The stock has a market capitalization of $6.05 billion, a P/E ratio of 12.44, a price-to-earnings-growth ratio of 1.63 and a beta of 0.67. The stock has a fifty day moving average of $77.24 and a 200-day moving average of $79.25.
Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last released its quarterly earnings data 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. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period last year, the firm posted $1.35 earnings per share. Sprouts Farmers Market's revenue was up 4.7% compared to the same quarter last year. 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, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.53 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Sprouts Farmers Market
Institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc raised its position in shares of Sprouts Farmers Market by 104.0% during the third quarter. Versant Capital Management Inc now owns 714 shares of the company's stock worth $47,000 after acquiring an additional 364 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in Sprouts Farmers Market in the third quarter valued at approximately $33,000. QRG Capital Management Inc. boosted its holdings in Sprouts Farmers Market by 13.3% in the second quarter. QRG Capital Management Inc. now owns 2,991 shares of the company's stock valued at $253,000 after acquiring an additional 350 shares during the last quarter. Core Capital Management & Research inc. acquired a new stake in Sprouts Farmers Market during the 2nd quarter valued at approximately $40,000. Finally, Sequoia Financial Advisors LLC increased its position in Sprouts Farmers Market by 26.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,111 shares of the company's stock valued at $855,000 after purchasing an additional 2,129 shares during the period.
Wall Street Analysts Forecast Growth
SFM has been the topic of several research reports. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a report on Friday, July 31st. Evercore restated an "outperform" rating and issued a $95.00 target price on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a "hold" rating on the stock in a research note on Friday, September 25th. Weiss Ratings reiterated a "hold (c)" rating on shares of Sprouts Farmers Market in a report on Monday, September 21st. Finally, JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and increased their price target for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $91.67.
View Our Latest Report on SFM
About Sprouts Farmers Market
(
Get Free Report)
Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic products. Its stores offer fresh produce, meat and seafood, dairy, bakery and deli items, bulk foods, vitamins and supplements, packaged groceries, and a range of plant-based and health-oriented products.
Founded in 2002, Sprouts Farmers Market was developed around a farmers-market-inspired shopping experience, with an emphasis on value, fresh foods and products aligned with healthy lifestyles.
Further Reading
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