Sprouts Farmers Market CHRO Zalatoris sells $328,765 in stock

Published 02/07/2025, 00:20
Sprouts Farmers Market CHRO Zalatoris sells $328,765 in stock

Timmi Zalatoris, Chief Human Resources Officer of Sprouts Farmers Market, Inc. (NASDAQ:SFM), a $15.9 billion market cap company whose stock has surged nearly 94% over the past year, sold 2,000 shares of common stock on July 1, 2025, for a total of $328,765. The shares were sold at prices ranging from $163.75 to $164.88, near the stock’s 52-week high of $182.

On the same day, Zalatoris also exercised options to acquire 2,000 shares of Sprouts Farmers Market common stock at a price of $31.47, for a total value of $62940.

Following these transactions, Zalatoris directly owns 13,263 shares of Sprouts Farmers Market, Inc. common stock, which includes 3,509 restricted stock units.

The sale was executed pursuant to a Rule 10b5-1 trading plan.

In other recent news, Sprouts Farmers Market has reported a strong financial performance for the first quarter of 2025, with earnings per share (EPS) significantly exceeding expectations. The company’s EPS came in at $1.81, surpassing the projected $1.54, while revenue aligned with forecasts at $2.2 billion, marking a 19% increase year-over-year. CFRA analyst Arun Sundaram has upgraded Sprouts Farmers Market shares to a Buy rating, raising the price target to $205. This upgrade is based on the company’s robust margin expansion and potential for new store openings. UBS, on the other hand, maintains a Neutral rating with a $196.00 price target, acknowledging the company’s strategic shift towards health-focused products.

Sprouts Farmers Market plans to open at least 35 new stores in 2025, continuing its expansion in the grocery sector. The introduction of a new loyalty program is expected to further boost sales by enhancing customer engagement. The company’s shift to self-distribution for meat and seafood is anticipated to improve margins by 2026. Despite these positive developments, the stock experienced a 1.73% decline in aftermarket trading, indicating cautious investor sentiment. However, the overall outlook remains optimistic, with projected sales growth and strategic initiatives expected to drive future profitability.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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