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PHOENIX—Timmi Zalatoris, the Chief Human Resources Officer at Sprouts Farmers Market, Inc. (NASDAQ:SFM), recently executed a notable transaction involving the company’s stock. According to a recent filing, Zalatoris sold 736 shares of Sprouts Farmers Market common stock on March 19, 2025, at a price of $137.45 per share, totaling approximately $101,163. This transaction was part of a pre-established Rule 10b5-1 trading plan. The sale comes as the company, now valued at $13.8 billion, trades near analyst price targets ranging from $136 to $200 per share.
In addition to the sale, Zalatoris acquired 971 shares of common stock on March 18, 2025. These shares were granted as restricted stock units, which will vest over the next three years. Furthermore, Zalatoris was awarded stock options for 2,715 shares, which will become exercisable over a three-year period starting in 2026. According to InvestingPro data, SFM has demonstrated remarkable performance with a 124% return over the past year.
Following these transactions, Zalatoris holds 13,575 shares of Sprouts Farmers Market common stock directly. The company maintains a GREAT financial health score according to InvestingPro, which offers 15 additional valuable insights about SFM’s current market position and future potential.
In other recent news, Sprouts Farmers Market reported its fourth-quarter earnings for 2024, surpassing Wall Street’s 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% increase in total sales year-over-year. Additionally, the company’s comparable store sales growth accelerated to 11.5%, exceeding consensus estimates of around 10%. Jefferies analyst Matt Fishbein responded to these results by raising the price target for Sprouts Farmers Market shares to $139.00 from $119.00, while maintaining a Hold rating on the stock. Sprouts Farmers Market’s management has provided guidance for the first quarter and the full year of 2025 that exceeds consensus estimates, though they expect comparable store sales growth to slow down in the second half of the year. The company plans to open at least 35 new stores in 2025 and launch a loyalty program later in the year. Despite the strong financial performance, the stock experienced a decline in aftermarket trading, reflecting possible investor concerns over future growth prospects.
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