Insider Selling: Sprouts Farmers Market (NASDAQ:SFM) CEO Sells $695,610.24 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $64.48, for a total transaction of $695,610.24. Following the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at $17,408,310.40. The trade was a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 Friday, October 2nd, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $64.77, for a total transaction of $698,738.76.
• 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 transaction 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 transaction 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 Trading Up 0.7%

Shares of SFM stock traded up $0.45 on Monday, hitting $64.92. The stock had a trading volume of 2,169,503 shares, compared to its average volume of 2,092,360. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a twelve month low of $61.88 and a twelve month high of $114.34. The company has a fifty day moving average price of $77.24 and a two-hundred day moving average price of $79.25. The firm has a market cap of $6.05 billion, a P/E ratio of 12.44, a PEG ratio of 1.63 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, analysts forecast that Sprouts Farmers Market, Inc. will post 5.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a report on Friday, September 25th. UBS Group restated a “neutral” rating on shares of Sprouts Farmers Market in a report on Wednesday, September 23rd. Evercore reiterated an “outperform” rating and set a $95.00 price objective on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. JPMorgan Chase & Co. upgraded 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 research note on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, September 21st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sprouts Farmers Market has a consensus rating of “Hold” and a consensus target price of $91.67.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $768,171,000. Swedbank AB acquired a new position in Sprouts Farmers Market during the first quarter worth $121,906,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Sprouts Farmers Market during the second quarter worth $131,310,000. Bank of America Corp DE bought a new stake in Sprouts Farmers Market during the second quarter worth $93,790,000. Finally, Bank of New York Mellon Corp bought a new stake in Sprouts Farmers Market during the second quarter worth $55,713,000.

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.