Insider Selling: Sprouts Farmers Market (NASDAQ:SFM) CEO Sells 10,788 Shares of Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total value of $936,398.40. Following the transaction, the chief executive officer owned 269,980 shares in the company, valued at approximately $23,434,264. The trade was a 3.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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 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 transaction 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 stock was sold at an average price of $82.04, for a total value of $885,211.60.

Sprouts Farmers Market Trading Down 1.1%

Shares of SFM traded down $0.95 during trading on Wednesday, reaching $85.12. 1,584,190 shares of the company traded hands, compared to its average volume of 2,233,754. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. The stock has a market cap 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. The stock has a 50-day simple moving average of $81.78 and a 200-day simple moving average of $78.18. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $153.75.

Sprouts Farmers Market (NASDAQ:SFM) 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. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter last year, the firm earned $1.35 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. 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, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new position in shares of Sprouts Farmers Market during the fourth quarter worth about $161,398,000. Swedbank AB acquired a new position in shares of Sprouts Farmers Market during the 1st quarter worth $121,906,000. Bank of America Corp DE boosted its position in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC grew its stake in Sprouts Farmers Market by 652.7% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after acquiring an additional 1,223,753 shares during the last quarter. Finally, Champlain Investment Partners LLC purchased a new position in Sprouts Farmers Market during the 4th quarter valued at about $81,557,000.

Analysts Set New Price Targets

SFM has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. UBS Group increased their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. JPMorgan Chase & Co. raised 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 report on Thursday, July 30th. Finally, Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a research report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $91.58.

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.