New insider activity at Sprouts Farmers ( (SFM) ) has taken place on March 8, 2025.
President & CEO Joe Fortunato has made a significant move by selling 5,000 shares of Sprouts Farmers stock, amounting to a total of $724,000. This transaction highlights a notable change in the executive’s stake in the company.
Recent Updates on SFM stock
Sprouts Farmers Market has experienced significant positive developments, leading to multiple analysts raising their price targets. Jefferies increased its target due to Sprouts’ Q4 earnings exceeding expectations, with EBIT and EPS beating forecasts and strong comparable store sales growth. However, concerns were noted about potential deceleration in the second half of the year. BMO Capital also raised its target, citing a strong Q4 performance with a 60% year-over-year EPS growth and promising 2025 guidance. Roth MKM increased its target as well, acknowledging impressive results but cautioning about potential challenges in maintaining recent performance levels. Overall, Sprouts’ robust sales growth, successful e-commerce strategy, and expansion plans have bolstered investor confidence, despite some operational challenges and increased expenses.
More about Sprouts Farmers
YTD Price Performance: 3.87%
Average Trading Volume: 1,484,807
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.27B