Insider Selling: Sprouts Farmers Market (NASDAQ:SFM) CEO Sells $891,736.08 in Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $82.66, for a total transaction of $891,736.08. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,316,546.80. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 4th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $86.80, for a total value of $936,398.40.
• On Tuesday, July 7th, Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $84.87, for a total transaction of $915,577.56.
• 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 value of $937,692.96.
• On Friday, June 5th, Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60.

Sprouts Farmers Market Stock Up 2.9%

NASDAQ:SFM opened at $81.40 on Friday. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $141.24. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 2.01 and a beta of 0.67. The business’s fifty day moving average price is $81.56 and its 200 day moving average price is $80.03.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. 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 5.58% and a return on equity of 34.84%. Sprouts Farmers Market’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company 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. On average, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SFM has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. UBS Group boosted their price target on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $80.00 to $103.00 in a report on Thursday, July 30th. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Sprouts Farmers Market presently has an average rating of “Hold” and a consensus target price of $92.25.

Institutional Trading of Sprouts Farmers Market

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SFM. MML Investors Services LLC boosted its stake in shares of Sprouts Farmers Market by 0.6% in the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock valued at $3,340,000 after purchasing an additional 124 shares during the last quarter. Advisory Services Network LLC lifted its holdings in Sprouts Farmers Market by 1.0% in the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after buying an additional 139 shares during the period. Legacy Wealth Asset Management LLC boosted its stake in Sprouts Farmers Market by 2.9% in the second quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock valued at $472,000 after acquiring an additional 155 shares during the last quarter. Clearstead Advisors LLC boosted its stake in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in Sprouts Farmers Market by 4.3% during the 4th quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock worth $327,000 after acquiring an additional 171 shares during the period.

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.