Kim Coffin Sells 313 Shares of Sprouts Farmers Market (NASDAQ:SFM) Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) SVP Kim Coffin sold 313 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $26,282.61. Following the transaction, the senior vice president owned 23,332 shares of the company’s stock, valued at approximately $1,959,188.04. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Kim Coffin also recently made the following trade(s):

• On Wednesday, March 18th, Kim Coffin sold 467 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $83.50, for a total value of $38,994.50.
• On Monday, March 16th, Kim Coffin sold 3,766 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $80.82, for a total value of $304,368.12.
• On Friday, March 13th, Kim Coffin sold 209 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $79.38, for a total value of $16,590.42.

Sprouts Farmers Market Stock Down 3.5%

Shares of SFM traded down $2.90 during mid-day trading on Monday, hitting $78.90. 3,137,831 shares of the company’s stock were exchanged, compared to its average volume of 3,125,125. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 1.76 and a beta of 0.76. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $182.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93. The stock’s 50-day moving average is $73.86 and its 200-day moving average is $87.75.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The firm had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter in the previous year, the business posted $0.79 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SFM. JPMorgan Chase & Co. cut their price objective on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Evercore upgraded Sprouts Farmers Market to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, December 29th. The Goldman Sachs Group set a $111.00 price target on Sprouts Farmers Market in a report on Friday, February 20th. Finally, Wells Fargo & Company reduced their price target on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $101.75.

Hedge Funds Weigh In On Sprouts Farmers Market

Several hedge funds have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new stake in shares of Sprouts Farmers Market in the 2nd quarter valued at about $29,000. Root Financial Partners LLC purchased a new position in Sprouts Farmers Market during the 3rd quarter worth approximately $26,000. Smartleaf Asset Management LLC increased its position in Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after buying an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Sprouts Farmers Market during the third quarter worth approximately $33,000. Finally, TD Private Client Wealth LLC lifted its stake in Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after buying an additional 288 shares during 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.