Insider Selling: Sprouts Farmers Market (NASDAQ:SFM) CEO Sells $937,692.96 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $86.92, for a total transaction of $937,692.96. Following the completion of the sale, the chief executive officer owned 269,980 shares in the company, valued at $23,466,661.60. The trade was a 3.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through 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 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.
• 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 value 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 value 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 Trading Up 1.5%

Shares of SFM stock opened at $88.12 on Friday. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $173.96. The firm has a market capitalization of $8.29 billion, a PE ratio of 16.95, a price-to-earnings-growth ratio of 1.84 and a beta of 0.67. The stock has a fifty day moving average of $80.38 and a two-hundred day moving average of $78.04. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company’s revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.81 earnings per share. 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, research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Sprouts Farmers Market by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock valued at $789,802,000 after acquiring an additional 28,951 shares during the last quarter. State Street Corp grew its holdings in shares of Sprouts Farmers Market by 2.4% in the 4th quarter. State Street Corp now owns 3,115,029 shares of the company’s stock worth $248,174,000 after acquiring an additional 71,905 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after acquiring an additional 1,494,014 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Sprouts Farmers Market by 39.1% during the fourth quarter. Nordea Investment Management AB now owns 2,323,216 shares of the company’s stock worth $186,647,000 after purchasing an additional 653,206 shares during the period. Finally, Morgan Stanley raised its position in shares of Sprouts Farmers Market by 51.0% during the fourth quarter. Morgan Stanley now owns 2,098,249 shares of the company’s stock worth $167,168,000 after purchasing an additional 708,529 shares during the period.

Analyst Ratings Changes

Several research analysts have recently issued reports on SFM shares. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a report on Monday, April 6th. Roth Mkm reissued a “neutral” rating and set a $74.00 target price on shares of Sprouts Farmers Market in a report on Friday, February 20th. Barclays decreased 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. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, UBS Group cut their price objective on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $96.08.

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.