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

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total transaction of $915,577.56. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at $22,913,202.60. This trade represents a 3.84% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 transaction 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 transaction of $885,211.60.

Sprouts Farmers Market Stock Performance

Shares of SFM stock opened at $80.38 on Friday. The stock’s 50-day moving average is $83.88 and its two-hundred day moving average is $78.24. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 1.70 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $171.15. 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 posted its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate 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 period in the previous year, the business 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. Analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. Melius Research cut shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a research note on Monday, April 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $96.08.

Institutional Trading of Sprouts Farmers Market

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Fulton Bank N.A. raised its holdings in Sprouts Farmers Market by 7.1% during the second quarter. Fulton Bank N.A. now owns 4,951 shares of the company’s stock worth $419,000 after purchasing an additional 328 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its holdings in Sprouts Farmers Market by 2.9% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock valued at $472,000 after purchasing an additional 155 shares in the last quarter. GAMMA Investing LLC increased its position in Sprouts Farmers Market by 17.9% during the 2nd quarter. GAMMA Investing LLC now owns 4,436 shares of the company’s stock worth $375,000 after purchasing an additional 674 shares during the period. Harbor Investment Advisory LLC acquired a new position in Sprouts Farmers Market during the 2nd quarter worth approximately $34,000. Finally, Empowered Funds LLC raised its stake in shares of Sprouts Farmers Market by 12,554.0% during the 1st quarter. Empowered Funds LLC now owns 108,951 shares of the company’s stock worth $8,403,000 after buying an additional 108,090 shares in the last quarter.

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.