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 stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $64.48, for a total transaction of $695,610.24. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $17,408,310.40. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jack Sinclair also recently made the following trade(s):

• On Friday, October 2nd, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $64.77, for a total value of $698,738.76.
• On Tuesday, September 1st, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $82.66, for a total value 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 shares were sold at an average price of $84.87, for a total value of $915,577.56.

Sprouts Farmers Market Price Performance

Shares of NASDAQ:SFM traded up $0.45 on Monday, hitting $64.92. The stock had a trading volume of 2,169,503 shares, compared to its average volume of 2,092,360. The firm’s 50 day moving average price is $77.24 and its 200-day moving average price is $79.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. Sprouts Farmers Market, Inc. has a twelve month low of $61.88 and a twelve month high of $114.34. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 1.63 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $1.35 EPS. 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, equities research analysts predict that Sprouts Farmers Market, Inc. will post 5.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Roth Capital set a $82.00 price target on Sprouts Farmers Market in a report on Friday, July 31st. Evercore restated an “outperform” rating and issued a $95.00 target price on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, September 21st. UBS Group reissued a “neutral” rating on shares of Sprouts Farmers Market in a report on Wednesday, September 23rd. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a research note on Friday, September 25th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $91.67.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Sprouts Farmers Market during the second quarter worth approximately $768,171,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Sprouts Farmers Market during the 2nd quarter valued at $131,310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Sprouts Farmers Market by 8.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,464,015 shares of the company’s stock valued at $123,826,000 after purchasing an additional 111,574 shares during the period. Swedbank AB bought a new position in shares of Sprouts Farmers Market in the 1st quarter worth $121,906,000. Finally, Bank of America Corp DE acquired a new stake in shares of Sprouts Farmers Market during the second quarter worth $93,790,000.

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.