Joseph Hurley Sells 323 Shares of Sprouts Farmers Market (NASDAQ:SFM) Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) insider Joseph Hurley sold 323 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $27,122.31. Following the completion of the transaction, the insider directly owned 28,282 shares of the company’s stock, valued at approximately $2,374,839.54. This trade represents a 1.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Sprouts Farmers Market Stock Performance

SFM stock traded down $2.90 during midday trading on Monday, reaching $78.90. 3,137,831 shares of the company’s stock traded hands, compared to its average volume of 3,125,125. The firm has a market capitalization of $7.46 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. The company has a 50-day moving average price of $73.86 and a two-hundred day moving average price of $87.75. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $182.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The company had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same period in the previous year, the business earned $0.79 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. As a group, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SFM shares. Bank of America lowered their price target on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Roth Mkm reaffirmed a “neutral” rating and set a $74.00 target price on shares of Sprouts Farmers Market in a report on Friday, February 20th. The Goldman Sachs Group set a $111.00 target price on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Wells Fargo & Company reduced their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and an average target price of $101.75.

Institutional Investors Weigh In On Sprouts Farmers Market

Several hedge funds have recently bought and sold shares of the stock. Focus Partners Wealth bought a new position in shares of Sprouts Farmers Market in the 1st quarter worth $400,000. TD Waterhouse Canada Inc. lifted its holdings in shares of Sprouts Farmers Market by 380.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 3,851 shares of the company’s stock worth $624,000 after acquiring an additional 3,049 shares during the last quarter. Ensign Peak Advisors Inc lifted its holdings in shares of Sprouts Farmers Market by 10.1% during the 2nd quarter. Ensign Peak Advisors Inc now owns 65,432 shares of the company’s stock worth $10,773,000 after acquiring an additional 6,007 shares during the last quarter. MAI Capital Management grew its position in Sprouts Farmers Market by 13.9% in the second quarter. MAI Capital Management now owns 7,140 shares of the company’s stock worth $1,176,000 after acquiring an additional 870 shares in the last quarter. Finally, Cozad Asset Management Inc. bought a new position in Sprouts Farmers Market in the second quarter valued at $1,029,000.

Sprouts Farmers Market Company Profile

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.