Jack Sinclair Sells 10,790 Shares of Sprouts Farmers Market (NASDAQ:SFM) Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction that occurred on 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 owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This trade represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 shares were 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 Stock Performance

Shares of NASDAQ SFM opened at $86.82 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $173.96. The company has a 50 day simple moving average of $80.16 and a two-hundred day simple moving average of $78.00. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.79 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the previous year, the business posted $1.81 EPS. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. 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 predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Hedge Funds Weigh In On Sprouts Farmers Market

Several large investors have recently made changes to their positions in SFM. TD Private Client Wealth LLC lifted its stake 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 $25,000. Sound Income Strategies LLC acquired a new position in shares of Sprouts Farmers Market in the 4th quarter valued at $27,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at $29,000. Finally, Clearstead Advisors LLC lifted its stake 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.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research note on Monday, April 6th. Bank of America decreased their price objective on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, February 20th. The Goldman Sachs Group set a $111.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Finally, Barclays decreased their target price on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. 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. According to data from MarketBeat, Sprouts Farmers Market currently has an average rating of “Hold” and a consensus target price of $96.08.

About Sprouts Farmers Market

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.