Nicholas Konat Sells 12,538 Shares of Sprouts Farmers Market (NASDAQ:SFM) Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) COO Nicholas Konat sold 12,538 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the transaction, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nicholas Konat also recently made the following trade(s):

• On Friday, March 20th, Nicholas Konat sold 530 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.97, for a total transaction of $44,504.10.
• On Wednesday, March 18th, Nicholas Konat sold 952 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.50, for a total transaction of $79,492.00.
• On Monday, March 16th, Nicholas Konat sold 10,123 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $80.82, for a total transaction of $818,140.86.

Sprouts Farmers Market Price Performance

Shares of SFM traded down $1.79 during midday trading on Friday, hitting $86.33. 1,279,250 shares of the company traded hands, compared to its average volume of 1,964,564. The firm has a 50 day moving average of $80.59 and a 200-day moving average of $78.10. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $173.96. The stock has a market cap of $8.12 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 1.86 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating 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 business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the firm earned $1.81 EPS. The business’s 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, analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SFM has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price target on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a report on Monday, June 1st. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. 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. Finally, Roth Mkm reaffirmed a “neutral” rating and issued a $74.00 price target on shares of Sprouts Farmers Market in a report on Friday, February 20th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $96.08.

Institutional Trading of Sprouts Farmers Market

Institutional investors have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC lifted its stake in Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after purchasing an additional 288 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market in the first quarter worth about $25,000. Sound Income Strategies LLC bought a new stake in Sprouts Farmers Market in the fourth quarter worth about $27,000. Newbridge Financial Services Group Inc. bought a new stake in Sprouts Farmers Market in the second quarter worth about $29,000. Finally, Clearstead Advisors LLC lifted its stake in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the last quarter.

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.