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

Sprouts Farmers Market, Inc. (NASDAQ:SFM) COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer directly owned 66,119 shares in the company, 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 link.

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

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

Sprouts Farmers Market Stock Down 2.0%

NASDAQ:SFM opened at $86.33 on Friday. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of 16.60, a price-to-earnings-growth ratio of 1.86 and a beta of 0.67. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $173.96. The stock’s 50 day moving average price is $80.59 and its two-hundred day moving average price is $78.10. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, topping 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 return on equity of 36.06% and a net margin of 5.70%.The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous 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. Equities research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Bank of America lowered their price target on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, UBS Group decreased their target price on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $96.08.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Pine Valley Investments Ltd Liability Co acquired a new position in shares of Sprouts Farmers Market during the 1st quarter worth approximately $8,574,000. Parallel Advisors LLC boosted its stake in Sprouts Farmers Market by 21.2% in the 1st quarter. Parallel Advisors LLC now owns 3,830 shares of the company’s stock valued at $295,000 after purchasing an additional 669 shares during the period. Caerus Investment Advisors LLC bought a new stake in Sprouts Farmers Market in the 1st quarter valued at $211,000. Henshaw Capital LLC bought a new stake in Sprouts Farmers Market in the 1st quarter valued at $949,000. Finally, Verus Capital Partners LLC boosted its stake in Sprouts Farmers Market by 16.0% in the 1st quarter. Verus Capital Partners LLC now owns 10,255 shares of the company’s stock valued at $791,000 after purchasing an additional 1,411 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.