Sprouts Farmers Market (NASDAQ:SFM) CEO Jack Sinclair Sells 10,788 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Free Report) CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $82.66, for a total transaction of $891,736.08. Following the completion of the sale, the chief executive officer owned 269,980 shares in the company, valued at $22,316,546.80. This represents a 3.84% decrease in their position. The sale 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 Tuesday, August 4th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was 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 stock was sold at an average price of $84.87, for a total value of $915,577.56.
  • 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, June 5th, Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $82.04, for a total value of $885,211.60.

Sprouts Farmers Market Stock Up 0.5%

Shares of NASDAQ SFM opened at $79.13 on Friday. The company has a 50 day simple moving average of $81.58 and a 200 day simple moving average of $80.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $141.24. The firm has a market cap of $7.38 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 1.95 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.02. The firm 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 company’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior 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, research analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Institutional Trading of Sprouts Farmers Market

Several hedge funds have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market in the 2nd quarter worth $29,000. TD Private Client Wealth LLC grew its position in Sprouts Farmers Market by 1,309.1% in the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market during the 1st quarter valued at $25,000. Bell Investment Advisors Inc bought a new stake in Sprouts Farmers Market during the 2nd quarter valued at $29,000. Finally, Ameritas Advisory Services LLC acquired a new position in Sprouts Farmers Market during the second quarter worth $29,000.

Analysts Set New Price Targets

SFM has been the subject of several analyst reports. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Finally, Evercore reaffirmed an “outperform” rating and set a $95.00 price target on shares of Sprouts Farmers Market in a research report on Tuesday. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $92.25.

Read Our Latest Analysis on SFM

Sprouts Farmers Market Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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