BofA update shows where active managers are putting money
Sprouts Farmers Market (NASDAQ:SFM) Chief Executive Officer Jack Sinclair sold 8,090 shares of common stock on August 4 and 5, 2025, for approximately $1.2 million. The sales, executed under a Rule 10b5-1 trading plan, were carried out in multiple transactions at prices ranging from $149.005 to $160.175 per share. The transactions occurred as the company’s stock trades near $150.75, having delivered a remarkable 60% return over the past year. According to InvestingPro data, analysts maintain price targets ranging from $155 to $209, suggesting potential upside.
On August 4, Sinclair sold 4,045 shares at a weighted average price of $156.7587, and on August 5, he sold another 4,045 shares at a weighted average price of $151.3745.
On the same dates, Sinclair also exercised options to acquire 8,090 shares of Sprouts Farmers Market stock at a price of $16.47, for a total value of $133,242.
Following these transactions, Sinclair directly owns 174,740 shares of Sprouts Farmers Market, Inc. This includes 136,167 shares of common stock and 38,573 restricted stock units.
In other recent news, Sprouts Farmers Market reported strong second-quarter 2025 results, surpassing analysts’ expectations with an earnings per share of $1.35 against the forecasted $1.23, and revenue of $2.2 billion, exceeding the anticipated $2.17 billion. This performance was supported by a notable same-store sales growth of 10.2%, which outpaced both analyst estimates of 9.0% and consensus expectations of 8.5%. In response to these results, Barclays (LON:BARC) upgraded Sprouts Farmers Market’s stock rating to Overweight, citing confidence in the company’s growth outlook and highlighting incremental sales drivers like its loyalty program and expanding e-commerce operations.
Additionally, Wells Fargo (NYSE:WFC) upgraded the stock from Equal Weight to Overweight, viewing the recent pullback as a buying opportunity despite concerns about slowing comparable store sales growth. Meanwhile, UBS adjusted its price target for Sprouts Farmers Market to $180.00 from $182.00, maintaining a Neutral rating due to supply chain impacts. BMO Capital also lowered its price target to $170.00, while retaining a Market Perform rating, noting expected deceleration in comparable sales growth despite recent market share gains.
These developments reflect a mixed analyst sentiment, with some firms expressing optimism about Sprouts Farmers Market’s growth potential and others exercising caution due to external challenges.
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