Nicholas Konat Sells 12,538 Shares of Sprouts Farmers Market (NASDAQ:SFM) Stock

Sprouts Farmers Market, Inc. (NASDAQ:SFM) COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Nicholas Konat also recently made the following trade(s):

• On Friday, March 20th, Nicholas Konat sold 530 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.97, for a total value of $44,504.10.
• On Wednesday, March 18th, Nicholas Konat sold 952 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $83.50, for a total value of $79,492.00.
• On Monday, March 16th, Nicholas Konat sold 10,123 shares of Sprouts Farmers Market stock. The shares were sold at an average price of $80.82, for a total value of $818,140.86.

Sprouts Farmers Market Trading Down 2.0%

Shares of NASDAQ:SFM opened at $86.33 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $173.96. The business’s fifty day simple moving average is $80.59 and its 200-day simple moving average is $78.10. The company has a market capitalization of $8.12 billion, a PE ratio of 16.60, a P/E/G ratio of 1.83 and a beta of 0.67. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the business posted $1.81 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. As a group, equities research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SFM shares. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. JPMorgan Chase & Co. boosted their target price on Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a research note on Monday, April 6th. Finally, Bank of America dropped their target price on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $96.08.

Institutional Trading of Sprouts Farmers Market

Several large investors have recently added to or reduced their stakes in the company. Fieldview Capital Management LLC acquired a new position in shares of Sprouts Farmers Market in the 3rd quarter valued at about $1,678,000. Dynamic Technology Lab Private Ltd lifted its holdings in shares of Sprouts Farmers Market by 171.9% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 51,310 shares of the company’s stock valued at $5,583,000 after buying an additional 32,440 shares during the period. GSA Capital Partners LLP lifted its holdings in shares of Sprouts Farmers Market by 590.9% in the 3rd quarter. GSA Capital Partners LLP now owns 48,246 shares of the company’s stock valued at $5,249,000 after buying an additional 41,263 shares during the period. Danske Bank A S lifted its holdings in shares of Sprouts Farmers Market by 20.6% in the 4th quarter. Danske Bank A S now owns 146,196 shares of the company’s stock valued at $11,647,000 after buying an additional 24,936 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Sprouts Farmers Market by 260.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock valued at $1,963,000 after buying an additional 17,812 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.