Sprouts Farmers Market (NASDAQ:SFM) Director Sells 2,597 Shares

Key Points

• Director Joseph O’Leary sold 2,597 Sprouts Farmers Market shares at an average price of $82.57, generating approximately $214,434 and reducing his ownership by 15.01%.
• Sprouts shares fell 2.3% to $80.60, while the company’s latest quarterly results slightly exceeded expectations, with $1.37 EPS and $2.33 billion in revenue, up 4.7% year over year.
• Analyst sentiment remains mixed but leans positive: the stock has a consensus “Hold” rating and an average price target of $91.58, with JPMorgan upgrading it to “Overweight” and setting a $103 target.

Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) Director Joseph O'leary sold 2,597 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the transaction, the director owned 14,710 shares in the company, valued at approximately $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Sprouts Farmers Market Trading Down 2.3%

Sprouts Farmers Market stock traded down $1.90 during trading on Monday, reaching $80.60. The company had a trading volume of 1,207,070 shares, compared to its average volume of 1,953,500. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $152.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. The stock's 50 day moving average price is $82.15 and its two-hundred day moving average price is $78.80. The firm has a market capitalization of $7.52 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 2.04 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter last year, the firm posted $1.35 earnings per share. Sprouts Farmers Market's revenue was up 4.7% on a year-over-year basis. 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, equities analysts expect that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sprouts Farmers Market

A number of large investors have recently modified their holdings of SFM. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter worth approximately $29,000. TD Private Client Wealth LLC boosted its stake in shares of 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 purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Sprouts Farmers Market during the 1st quarter valued at $25,000. Bell Investment Advisors Inc acquired a new stake in Sprouts Farmers Market during the 2nd quarter valued at $29,000. Finally, Clearstead Advisors LLC increased its stake in Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company's stock worth $30,000 after buying an additional 160 shares during the period.

Wall Street Analyst Weigh In

Several brokerages have commented on SFM. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $80.00 to $103.00 in a research note on Thursday, July 30th. Evercore reiterated an "outperform" rating on shares of Sprouts Farmers Market in a report on Monday, July 27th. UBS Group raised their price target on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $84.00 price target on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $91.58.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source