Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sprouts Farmers Market Inc shares valued at $724,011 were sold by Fortunato Joe on Mar 05 ’25. At $144.80 per share, Fortunato Joe sold 5,000 shares. The insider’s holdings dropped to 28,571 shares worth approximately $3.93 million following the completion of this transaction.
Also, Fortunato Joe purchased 5,000 shares, netting a total of over 724,011 in proceeds.
Before that, Sinclair Jack had sold 2,915 shares from its account. In a trade valued at $491,290, the Chief Executive Officer traded Sprouts Farmers Market Inc shares for $168.54 each. Upon closing the transaction, the insider’s holdings decreased to 2,915 shares, worth approximately $19.34 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 -5.05%. Over the course of the year, Sprouts Farmers Market Inc shares have jumped approximately 8.13%. 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 $149.28, while a 200-day SMA reached $118.31.
Support And Resistance Levels for Sprouts Farmers Market Inc (SFM)
According to the 24-hour chart, there is a support level at 134.70, which, if violated, would cause prices to drop to 132.00. In the upper region, resistance lies at 141.05. The next price resistance is at 144.70. RSI (Relative Strength Index) is 39.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.21, which suggests the price will decrease in the coming days. Percent R is at 77.01%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
