Sprouts Farmers Market Inc’s recently made public that its Director Fortunato Joe unloaded Company’s shares for reported $0.72 million on Mar 05 ’25. In the deal valued at $144.80 per share,5,000 shares were sold. As a result of this transaction, Fortunato Joe now holds 28,571 shares worth roughly $3.91 million.
Then, Fortunato Joe bought 5,000 shares, generating $724,011 in total proceeds.
Before that, Sinclair Jack sold 2,915 shares. Sprouts Farmers Market Inc shares valued at $491,290 were divested by the Chief Executive Officer at a price of $168.54 per share. As a result of the transaction, Sinclair Jack now holds 140,754 shares, worth roughly $19.28 million.
Northcoast upgraded its Sprouts Farmers Market Inc [SFM] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid September from “an In-line” to “an Outperform”. RBC Capital Mkts began covering SFM with “Sector perform” recommendation on September 12, 2024. Wells Fargo revised its rating on July 30, 2024. It rated SFM as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of SFM
On Friday, Sprouts Farmers Market Inc [NASDAQ:SFM] saw its stock fall -0.83% to $136.97. Over the last five days, the stock has lost -7.70%. Sprouts Farmers Market Inc shares have risen nearly 7.79% since the year began. Nevertheless, the stocks have risen 117.83% over the past one year. While a 52-week high of $178.99 was reached on 02/18/25, a 52-week low of $60.46 was recorded on 01/02/25. SMA at 50 days reached $149.00, while 200 days put it at $117.47.
Levels Of Support And Resistance For SFM Stock
The 24-hour chart illustrates a support level at 131.76, which if violated will result in even more drops to 126.55. On the upside, there is a resistance level at 140.48. A further resistance level may holdings at 143.99. The Relative Strength Index (RSI) on the 14-day chart is 36.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.88%. Stochastics %K at 10.71% indicates the stock is a buying.
