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Potential Price Increase for Sprouts Farmers Market Inc (SFM) After Recent Insider Activity

In a filing, Sprouts Farmers Market Inc revealed its Officer Zalatoris Timmi acquired Company’s shares for reported $0.14 million on Mar 14 ’25. In the deal valued at $134.97 per share,1,065 shares were bought.

Then, Fortunato Joe sold 5,000 shares, generating $724,011 in total proceeds. Upon selling the shares at $144.80, the Director now owns 28,571 shares.

Before that, Fortunato Joe bought 5,000 shares. Sprouts Farmers Market Inc shares valued at $724,011 were divested by the Director at a price of $144.80 per share.

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 jump 2.37% to $136.75. Over the last five days, the stock has lost -0.16%. Sprouts Farmers Market Inc shares have risen nearly 7.62% since the year began. Nevertheless, the stocks have risen 118.03% 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 $149.57, while 200 days put it at $118.85.

Levels Of Support And Resistance For SFM Stock

The 24-hour chart illustrates a support level at 134.50, which if violated will result in even more drops to 132.26. On the upside, there is a resistance level at 138.49. A further resistance level may holdings at 140.24. The Relative Strength Index (RSI) on the 14-day chart is 40.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.25%. Stochastics %K at 20.76% indicates the stock is a holding.

How much short interest is there in Sprouts Farmers Market Inc?

A steep rise in short interest was recorded in Sprouts Farmers Market Inc stocks on 2025-02-28, dropping by -1.3 million shares to a total of 5.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.92 million shares. There was a decline of -23.21%, which implies that there is a negative sentiment for the stock.

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