Sprouts Farmers Market (NASDAQ:SFM) CEO Jack Sinclair Sells 10,790 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,790 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Monday, June 8th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $86.92, for a total value of $937,692.96.
• On Friday, March 20th, Jack Sinclair sold 3,201 shares of Sprouts Farmers Market stock. The stock was 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 value of $83,507.76.

Sprouts Farmers Market Price Performance

Shares of NASDAQ:SFM traded down $1.94 during trading on Tuesday, reaching $84.74. 2,020,144 shares of the company traded hands, compared to its average volume of 2,154,593. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $173.96. The company’s 50 day moving average is $79.97 and its two-hundred day moving average is $77.95. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $7.97 billion, a PE ratio of 16.30, a PEG ratio of 1.83 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.67 by $0.04. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the firm earned $1.81 EPS. 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. As a group, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on SFM shares. Melius Research lowered shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a report on Monday, April 6th. Barclays dropped their price target on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sprouts Farmers Market presently has an average 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. Focus Partners Wealth acquired a new position in Sprouts Farmers Market during the 1st quarter worth approximately $400,000. Baird Financial Group Inc. boosted its stake in Sprouts Farmers Market by 77.7% during the 2nd quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after purchasing an additional 1,534 shares during the last quarter. Cerity Partners LLC raised its position in Sprouts Farmers Market by 13.1% in the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock valued at $3,713,000 after buying an additional 2,609 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Sprouts Farmers Market by 12.0% in the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock valued at $3,767,000 after purchasing an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Sprouts Farmers Market by 64.0% during the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after purchasing an additional 4,492 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.