Insider Selling: Sprouts Farmers Market (NASDAQ:SFM) CEO Sells $698,738.76 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $64.77, for a total value of $698,738.76. Following the completion of the transaction, the chief executive officer owned 269,980 shares of the company’s stock, valued at $17,486,604.60. This represents a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jack Sinclair also recently made the following trade(s):

• On Monday, October 5th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $64.48, for a total value of $695,610.24.
• On Tuesday, September 1st, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $82.66, for a total value of $891,736.08.
• 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 shares were sold at an average price of $84.87, for a total transaction of $915,577.56.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ SFM opened at $65.26 on Thursday. The firm’s 50-day moving average price is $76.71 and its 200-day moving average price is $78.98. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. The company has a market cap of $6.09 billion, a PE ratio of 12.50, a PEG ratio of 1.66 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 52-week low of $61.88 and a 52-week high of $114.34.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.35 earnings per share. 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. As a group, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.52 EPS for the current year.

Hedge Funds Weigh In On Sprouts Farmers Market

Several large investors have recently added to or reduced their stakes in SFM. BlackRock Inc. bought a new stake in shares of Sprouts Farmers Market during the 2nd quarter valued at $768,171,000. Swedbank AB bought a new position in Sprouts Farmers Market in the 1st quarter worth $121,906,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Sprouts Farmers Market in the 2nd quarter worth $131,310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Sprouts Farmers Market by 8.2% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,464,015 shares of the company’s stock valued at $123,826,000 after acquiring an additional 111,574 shares during the period. Finally, Bank of America Corp DE bought a new stake in Sprouts Farmers Market during the second quarter valued at about $93,790,000.

Analyst Ratings Changes

SFM has been the topic of a number of research reports. UBS Group restated a “neutral” rating on shares of Sprouts Farmers Market in a research note on Wednesday, September 23rd. Evercore reiterated an “outperform” rating and set a $95.00 price objective on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. JPMorgan Chase & Co. lowered their target price on Sprouts Farmers Market from $103.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, September 21st. Finally, Roth Capital set a $82.00 price target on Sprouts Farmers Market in a research note on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $90.58.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic products. Its stores offer fresh produce, meat and seafood, dairy, bakery and deli items, bulk foods, vitamins and supplements, packaged groceries, and a range of plant-based and health-oriented products.

Founded in 2002, Sprouts Farmers Market was developed around a farmers-market-inspired shopping experience, with an emphasis on value, fresh foods and products aligned with healthy lifestyles.