The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sprouts Farmers Market Inc shares valued at $724,011 were purchased by Fortunato Joe on Mar 05 ’25. At $144.80 per share, Fortunato Joe acquired 5,000 shares.
Also, Sinclair Jack sold 2,915 shares, netting a total of over 491,290 in proceeds. Following the sale of shares at $168.54 each, the insider now holds 140,754 shares.
Before that, Sinclair Jack had sold 2,915 shares from its account. In a trade valued at $488,380, the Chief Executive Officer traded Sprouts Farmers Market Inc shares for $167.54 each. Upon closing the transaction, the insider’s holdings decreased to 2,915 shares, worth approximately $20.79 million.
As published in a research note from Northcoast on February 28, 2025, Sprouts Farmers Market Inc [SFM] has been rated up from a Neutral to a Buy and the price target has been revised to $185. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in mid September. As of September 12, 2024, RBC Capital Mkts has initiated its “Sector perform” rating for SFM. Earlier on July 30, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Equal weight” for SFM stock which previously was a “an Underweight”.
Analyzing SFM Stock Performance
During the last five days, there has been a drop of approximately -4.29%. Over the course of the year, Sprouts Farmers Market Inc shares have jumped approximately 13.88%. Shares of the company reached a 52-week high of $178.99 on 02/18/25 and a 52-week low of $127.35 on 01/02/25. A 50-day SMA is recorded $148.83, while a 200-day SMA reached $116.87.
Support And Resistance Levels for Sprouts Farmers Market Inc (SFM)
According to the 24-hour chart, there is a support level at 143.05, which, if violated, would cause prices to drop to 141.39. In the upper region, resistance lies at 146.66. The next price resistance is at 148.60. RSI (Relative Strength Index) is 41.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -10.17, which suggests the price will decrease in the coming days. Percent R is at 83.00%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
