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Stacy W. Hilgendorf, Vice President and Controller at Sprouts Farmers Market Inc. (NASDAQ:SFM), recently sold shares of the company’s common stock. According to a filing with the Securities and Exchange Commission, Hilgendorf disposed of 229 shares on March 20, 2025, at a weighted average price of $139.43 per share, totaling approximately $31,928. The transaction comes as SFM stock has delivered an impressive 128% return over the past year, with the company’s market capitalization now reaching $14 billion. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
This transaction was a broker-assisted sale of shares to cover the withholding tax liability incurred upon the vesting of restricted stock units, as mandated by Sprouts Farmers Market’s equity incentive plan. As such, it did not represent a discretionary trade by Hilgendorf. With analyst price targets ranging from $136 to $200, InvestingPro subscribers can access 14 additional key insights about SFM’s valuation and growth prospects through the comprehensive Pro Research Report.
Following this transaction, Hilgendorf holds 10,226 shares, which include 5,890 shares of common stock and 4,336 restricted stock units. The restricted stock units are set to vest over the next few years, assuming continued employment. The company maintains a strong financial health score of GOOD according to InvestingPro metrics, with 11 analysts recently revising their earnings estimates upward for the upcoming period.
In other recent news, Sprouts Farmers Market reported its fourth-quarter earnings for 2024, surpassing Wall Street expectations with an earnings per share (EPS) of $0.79, compared to the forecast of $0.71. The company also exceeded revenue projections, reporting $2 billion against the anticipated $1.95 billion, marking a 17.5% rise in total sales year-over-year. Sprouts Farmers Market’s management provided optimistic guidance for 2025, with expected total sales growth of 10.5% to 12.5% and comparable sales growth of 4.5% to 6.5%. The company plans to open at least 35 new stores and is set to launch a loyalty program in the second half of the year.
In response to these developments, Jefferies analyst Matt Fishbein raised the price target for Sprouts Farmers Market shares to $139.00 from $119.00, maintaining a Hold rating. The analyst noted the company’s solid results and management’s optimistic guidance, although he cautioned about a projected slowdown in comparable sales growth in the latter half of 2025. Sprouts Farmers Market also highlighted the expansion of its footprint with 33 new stores in 2024 and reported that e-commerce sales topped $1 billion. Despite these positive results, the stock experienced a decline in aftermarket trading.
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