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

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 269,980 shares in the company, valued at $23,466,661.60. This trade represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Friday, June 5th, Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $82.04, for a total value of $885,211.60.
• On Friday, March 20th, Jack Sinclair sold 3,201 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.97, for a total value 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 Trading Down 2.2%

Shares of NASDAQ:SFM traded down $1.94 during trading on Tuesday, reaching $84.74. 2,020,144 shares of the company were exchanged, compared to its average volume of 2,154,593. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $173.96. The firm has a market capitalization of $7.97 billion, a PE ratio of 16.30, a P/E/G ratio of 1.83 and a beta of 0.67. The business’s fifty day simple moving average is $79.97 and its 200-day simple moving average is $77.95. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The company 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 business posted $1.81 EPS. Sprouts Farmers Market’s quarterly revenue was up 4.1% on a year-over-year basis. 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. On average, research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SFM shares. Wall Street Zen downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Bank of America decreased 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 research report on Friday, February 20th. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Roth Mkm reiterated a “neutral” rating and issued a $74.00 target price on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. boosted their price target on Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $96.08.

Hedge Funds Weigh In On Sprouts Farmers Market

Several institutional investors have recently made changes to their positions in SFM. Dynamic Technology Lab Private Ltd grew its holdings in Sprouts Farmers Market by 171.9% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 51,310 shares of the company’s stock valued at $5,583,000 after buying an additional 32,440 shares in the last quarter. Fieldview Capital Management LLC acquired a new position in Sprouts Farmers Market in the third quarter valued at approximately $1,678,000. GSA Capital Partners LLP grew its holdings in shares of Sprouts Farmers Market by 590.9% during the 3rd quarter. GSA Capital Partners LLP now owns 48,246 shares of the company’s stock worth $5,249,000 after purchasing an additional 41,263 shares during the period. Danske Bank A S raised its holdings in Sprouts Farmers Market by 20.6% in the 4th quarter. Danske Bank A S now owns 146,196 shares of the company’s stock valued at $11,647,000 after buying an additional 24,936 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Sprouts Farmers Market by 260.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock valued at $1,963,000 after acquiring an additional 17,812 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.