New insider activity at Sprouts Farmers ( (SFM) ) has taken place on March 21, 2025.
In recent transactions involving Sprouts Farmers stock, SVP and Chief Forager Kim Coffin sold 756 shares, amounting to a sale worth $106,323. Additionally, Director Douglas Gregory Rauch sold 1,000 shares, with the transaction valued at $140,250.
Recent Updates on SFM stock
In the last 24 hours, Sprouts Farmers Market has seen significant analyst activity and stock movement. Deutsche Bank upgraded the stock to Buy from Hold, citing high conviction in the company’s growth outlook due to its differentiated product assortment and the shift towards healthier eating habits. This upgrade comes after a 23% decline in the stock over the past month, which Deutsche Bank views as an entry opportunity. Northcoast also upgraded Sprouts to Buy from Neutral, reflecting confidence in its market position and growth potential. Jefferies raised its price target following Sprouts’ Q4 earnings report, which exceeded expectations with a 5% EBIT and 7% EPS beat, driven by an 11.5% increase in comparable store sales. However, Jefferies expressed caution due to expected deceleration in second-half comps. The company’s earnings call highlighted robust growth with a 13% sales increase for 2024, significant e-commerce milestones, and plans for continued store expansion, despite challenges like increased SG&A expenses and natural disasters.
More about Sprouts Farmers
YTD Price Performance: 5.91%
Average Trading Volume: 1,489,396
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.59B
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