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 the firm’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $64.77, for a total transaction of $698,738.76. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $17,486,604.60. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 Monday, October 5th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $64.48, for a total value of $695,610.24.
• 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 transaction 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 stock was sold at an average price of $84.87, for a total value of $915,577.56.

Sprouts Farmers Market Price Performance

SFM stock traded up $0.45 during trading on Monday, hitting $64.92. 2,169,503 shares of the stock traded hands, compared to its average volume of 2,092,360. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.63 and a beta of 0.67. The company has a 50 day simple moving average of $77.24 and a 200 day simple moving average of $79.25. Sprouts Farmers Market, Inc. has a one year low of $61.88 and a one year high of $114.34.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping 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 business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the company earned $1.35 EPS. The firm’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. Equities analysts expect that Sprouts Farmers Market, Inc. will post 5.53 EPS for the current fiscal year.

Institutional Investors Weigh In On Sprouts Farmers Market

Hedge funds have recently made changes to their positions in the stock. Legacy Wealth Asset Management LLC boosted its holdings in shares of Sprouts Farmers Market by 2.9% in the second quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock valued at $472,000 after buying an additional 155 shares during the period. Resonant Capital Advisors LLC grew its holdings in shares of Sprouts Farmers Market by 2.5% in the first quarter. Resonant Capital Advisors LLC now owns 8,152 shares of the company’s stock valued at $629,000 after acquiring an additional 196 shares in the last quarter. B. Metzler seel. Sohn & Co. AG increased its position in shares of Sprouts Farmers Market by 1.6% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 12,740 shares of the company’s stock valued at $1,078,000 after buying an additional 205 shares during the period. Blue Trust Inc. boosted its holdings in Sprouts Farmers Market by 12.3% in the first quarter. Blue Trust Inc. now owns 2,167 shares of the company’s stock worth $167,000 after acquiring an additional 238 shares in the last quarter. Finally, Greenwood Capital Associates LLC lifted its stake in shares of Sprouts Farmers Market by 8.1% in the 2nd quarter. Greenwood Capital Associates LLC now owns 3,428 shares of the company’s stock worth $290,000 after purchasing an additional 257 shares during the period.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SFM. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, September 21st. Deutsche Bank Aktiengesellschaft dropped 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 report on Friday, September 25th. Evercore restated an “outperform” rating and set a $95.00 target price on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a research note on Friday, July 31st. Finally, UBS Group reaffirmed a “neutral” rating on shares of Sprouts Farmers Market in a research report on Wednesday, September 23rd. 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $91.67.

About Sprouts Farmers Market

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.