Insider Selling: Sprouts Farmers Market (NASDAQ:SFM) CMO Sells $250,951.79 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CMO Alisa Gmelich sold 3,161 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.39, for a total value of $250,951.79. Following the completion of the transaction, the chief marketing officer directly owned 5,552 shares in the company, valued at $440,773.28. This trade represents a 36.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $80.15 on Friday. The firm has a market cap of $7.80 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 0.93 and a beta of 0.70. Sprouts Farmers Market, Inc. has a fifty-two week low of $75.75 and a fifty-two week high of $182.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 1.05. The business has a 50 day moving average price of $89.09 and a 200-day moving average price of $126.87.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. Equities research analysts predict that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SFM. Root Financial Partners LLC bought a new stake in shares of Sprouts Farmers Market during the third quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Sprouts Farmers Market during the 2nd quarter valued at $29,000. Smartleaf Asset Management LLC boosted its holdings in shares of Sprouts Farmers Market by 98.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after buying an additional 141 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Sprouts Farmers Market in the 3rd quarter worth about $33,000. Finally, Truvestments Capital LLC bought a new position in shares of Sprouts Farmers Market in the 1st quarter worth about $35,000.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. dropped their target price on shares of Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. UBS Group set a $108.00 price target on Sprouts Farmers Market in a research report on Thursday, October 30th. Royal Bank Of Canada cut their price objective on Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Evercore ISI decreased their target price on Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a report on Monday, October 27th. Finally, Zacks Research cut shares of Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Nine equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Sprouts Farmers Market presently has an average rating of “Moderate Buy” and an average price target of $137.86.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.