Sprouts Farmers Market director Graham sells $230,040 in stock

Published 05/06/2025, 00:16
Sprouts Farmers Market director Graham sells $230,040 in stock

Terri F. Graham, a director at Sprouts Farmers Market, Inc. (NASDAQ:SFM), recently sold shares of the company. According to a filing with the Securities and Exchange Commission, Graham sold 1,278 shares of common stock on June 3, 2025, at a price of $180 per share, near the stock’s 52-week high of $182. This transaction amounted to a total value of $230,040. The sale comes amid SFM’s impressive 118% return over the past year, with the company now commanding a market capitalization of $16.8 billion.

Following the sale, Graham retains ownership of 32,910 shares, which includes 31,732 shares of common stock and 1,178 restricted stock units. These restricted stock units are scheduled to vest on March 12, 2026, contingent upon continued service. According to InvestingPro, analysts maintain price targets ranging from $155 to $211, with 12 analysts recently revising their earnings expectations upward for the upcoming period. For deeper insights into SFM’s valuation and growth prospects, check out the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, Sprouts Farmers Market has reported strong financial results for the first quarter of 2025, with earnings per share (EPS) reaching $1.81, surpassing the forecasted $1.54. The company achieved revenue of $2.2 billion, marking a 19% increase from the previous year. This performance is attributed to a 19% rise in total sales and an 11.7% increase in comparable store sales. CFRA analyst Arun Sundaram has upgraded Sprouts Farmers Market shares to Buy, raising the price target to $205. Sundaram’s optimistic outlook is based on the company’s strategic initiatives, such as a new loyalty program and a shift to self-distribution for meat and seafood, which are expected to boost margins and sales.

Sprouts Farmers Market plans to open at least 35 new stores in 2025, further expanding its footprint. The company has also made significant strides in its product offerings, focusing on health and wellness, which has resonated with consumers. CEO Jack Sinclair expressed confidence in the company’s strategic direction, emphasizing the growing engagement of loyalty program customers. Sprouts Farmers Market’s gross margin improved to 39.6%, up 129 basis points from the previous year, driven by better inventory management and category management. The company has also repurchased 1.6 million shares, totaling $219 million, reflecting a strong financial position.

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