Sprouts Farmers Market (NASDAQ:SFM) CEO Jack Sinclair Sells 10,788 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $86.92, for a total transaction of $937,692.96. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $23,466,661.60. This represents a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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, June 5th, Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60.
• 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 stock was 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 stock was sold at an average price of $79.38, for a total transaction of $83,507.76.

Sprouts Farmers Market Trading Down 2.2%

Shares of Sprouts Farmers Market stock opened at $84.74 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The firm has a fifty day moving average price of $79.97 and a 200 day moving average price of $77.95. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $173.96. The stock has a market cap of $7.97 billion, a PE ratio of 16.30, a price-to-earnings-growth ratio of 1.83 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last issued its 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 firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter last year, the company posted $1.81 earnings per share. The firm’s 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. Equities research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SFM has been the subject of several recent research reports. Bank of America reduced their target price on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a report on Friday, February 20th. UBS Group reduced their target price on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. The Goldman Sachs Group set a $111.00 target price on shares of Sprouts Farmers Market in a report on Friday, February 20th. Wells Fargo & Company reduced their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Finally, Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a report on Monday, April 6th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $96.08.

Institutional Trading of Sprouts Farmers Market

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co acquired a new stake in Sprouts Farmers Market during the first quarter valued at $8,574,000. Parallel Advisors LLC grew its position in Sprouts Farmers Market by 21.2% during the first quarter. Parallel Advisors LLC now owns 3,830 shares of the company’s stock valued at $295,000 after buying an additional 669 shares during the period. Caerus Investment Advisors LLC acquired a new stake in Sprouts Farmers Market during the first quarter valued at $211,000. Henshaw Capital LLC acquired a new stake in Sprouts Farmers Market during the first quarter valued at $949,000. Finally, Verus Capital Partners LLC grew its position in Sprouts Farmers Market by 16.0% during the first quarter. Verus Capital Partners LLC now owns 10,255 shares of the company’s stock valued at $791,000 after buying an additional 1,411 shares during the period.

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.