Sprouts Farmers Market Inc’s recently made public that its Chief Human Resources Officer Zalatoris Timmi unloaded Company’s shares for reported $0.3 million on Apr 01 ’25. In the deal valued at $151.34 per share,2,000 shares were sold. As a result of this transaction, Zalatoris Timmi now holds 13,263 shares worth roughly $1.93 million.
Then, Zalatoris Timmi bought 2,000 shares, generating $302,674 in total proceeds.
Before that, Konat Nicholas sold 11,283 shares. Sprouts Farmers Market Inc shares valued at $1,614,936 were divested by the President & COO at a price of $143.13 per share. As a result of the transaction, Konat Nicholas now holds 55,675 shares, worth roughly $8.09 million.
Deutsche Bank upgraded its Sprouts Farmers Market Inc [SFM] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in late February from “a Neutral” to “a Buy”. Evercore ISI also remained covering SFM and has increased its forecast on September 16, 2024 with a “an Outperform” recommendation from previously “an In-line” rating. RBC Capital Mkts started covering the stock on September 12, 2024. It rated SFM as “a Sector perform”.
Price Performance Review of SFM
On Friday, Sprouts Farmers Market Inc [NASDAQ:SFM] saw its stock fall -5.21% to $145.29. Over the last five days, the stock has lost -1.67%. Sprouts Farmers Market Inc shares have risen nearly 14.34% since the year began. Nevertheless, the stocks have risen 129.56% over the past one year. While a 52-week high of $178.99 was reached on 02/18/25, a 52-week low of $61.61 was recorded on 01/02/25. SMA at 50 days reached $151.94, while 200 days put it at $124.07.
Levels Of Support And Resistance For SFM Stock
The 24-hour chart illustrates a support level at 141.05, which if violated will result in even more drops to 136.81. On the upside, there is a resistance level at 152.07. A further resistance level may holdings at 158.85. The Relative Strength Index (RSI) on the 14-day chart is 47.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 57.83%. Stochastics %K at 71.76% 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 2025-03-14, dropping by -0.41 million shares to a total of 6.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.65 million shares. There was a decline of -6.61%, which implies that there is a negative sentiment for the stock.
