Sprouts Farmers Market (NASDAQ:SFM) CEO Jack Sinclair Sells 3,201 Shares

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 3,201 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $268,787.97. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,670,220.60. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Wednesday, March 18th, Jack Sinclair sold 4,754 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.50, for a total transaction of $396,959.00.
• On Monday, March 16th, Jack Sinclair sold 57,644 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $80.82, for a total transaction of $4,658,788.08.
• On Friday, March 13th, Jack Sinclair sold 1,052 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $79.38, for a total transaction of $83,507.76.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock traded down $2.90 on Monday, hitting $78.90. The company’s stock had a trading volume of 3,137,831 shares, compared to its average volume of 3,084,282. The company has a market capitalization of $7.46 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year 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 firm has a fifty day moving average price of $73.86 and a 200-day moving average price of $87.75.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.15 billion. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.Sprouts Farmers Market’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.79 earnings per share. 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. As a group, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sprouts Farmers Market

A number of institutional investors have recently added to or reduced their stakes in SFM. Norges Bank purchased a new stake in Sprouts Farmers Market in the 4th quarter valued at $161,398,000. Bank of America Corp DE raised its holdings in shares of Sprouts Farmers Market by 137.0% during 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 period. Voloridge Investment Management LLC raised its holdings in shares of Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock worth $153,544,000 after acquiring an additional 1,223,753 shares during the period. Champlain Investment Partners LLC acquired a new position in shares of Sprouts Farmers Market during the 4th quarter valued at about $81,557,000. Finally, Two Sigma Investments LP grew its holdings in shares of Sprouts Farmers Market by 185.2% in the third quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company’s stock valued at $141,526,000 after purchasing an additional 844,717 shares during the period.

Analyst Ratings Changes

SFM has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 price target for the company. in a research report on Thursday, January 8th. Royal Bank Of Canada reduced their target price on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Wells Fargo & Company dropped their price target on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Finally, Bank of America reduced their price objective on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

About Sprouts Farmers Market

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.