Sprouts Farmers Market (NASDAQ:SFM) Insider Dustin Hamilton Sells 868 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFM) insider Dustin Hamilton sold 868 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $108.50, for a total transaction of $94,178.00. Following the completion of the sale, the insider owned 15,481 shares of the company’s stock, valued at $1,679,688.50. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Dustin Hamilton also recently made the following trade(s):

• On Thursday, September 11th, Dustin Hamilton sold 7,200 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $138.95, for a total transaction of $1,000,440.00.
• On Friday, September 5th, Dustin Hamilton sold 346 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $140.15, for a total transaction of $48,491.90.

Sprouts Farmers Market Stock Down 2.3%

NASDAQ SFM opened at $111.55 on Friday. The stock has a market capitalization of $10.90 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.29 and a beta of 0.77. The company has a 50 day moving average price of $128.14 and a two-hundred day moving average price of $150.39. Sprouts Farmers Market, Inc. has a 12-month low of $98.75 and a 12-month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, July 30th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.12. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The company’s revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. As a group, equities analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market announced that its Board of Directors has authorized a share buyback program on Tuesday, August 19th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On Sprouts Farmers Market

A number of institutional investors have recently added to or reduced their stakes in SFM. Farther Finance Advisors LLC grew its position in Sprouts Farmers Market by 104.3% during the first quarter. Farther Finance Advisors LLC now owns 2,143 shares of the company’s stock worth $333,000 after buying an additional 1,094 shares in the last quarter. GAMMA Investing LLC grew its position in Sprouts Farmers Market by 20.1% during the first quarter. GAMMA Investing LLC now owns 2,347 shares of the company’s stock worth $358,000 after buying an additional 393 shares in the last quarter. Fifth Third Bancorp grew its position in Sprouts Farmers Market by 12.7% during the first quarter. Fifth Third Bancorp now owns 3,684 shares of the company’s stock worth $562,000 after buying an additional 415 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Sprouts Farmers Market by 19.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,114 shares of the company’s stock worth $1,086,000 after buying an additional 1,160 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new stake in Sprouts Farmers Market during the first quarter worth about $298,000.

Analyst Ratings Changes

A number of analysts have recently weighed in on SFM shares. Royal Bank Of Canada set a $148.00 price objective on shares of Sprouts Farmers Market and gave the stock an “outperform” rating in a research note on Monday. Weiss Ratings restated a “buy (b-)” rating on shares of Sprouts Farmers Market in a research note on Tuesday. Barclays upgraded shares of Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $173.00 to $185.00 in a research note on Thursday, July 31st. Wall Street Zen upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Finally, JPMorgan Chase & Co. started coverage on shares of Sprouts Farmers Market in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $159.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Sprouts Farmers Market presently has a consensus rating of “Moderate Buy” and an average target price of $176.29.

Sprouts Farmers Market Company Profile

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.