Sprouts Farmers Market Inc’s recently made public that its Chief Executive Officer Sinclair Jack unloaded Company’s shares for reported $0.45 million on Apr 10 ’25. In the deal valued at $154.20 per share,2,915 shares were sold. As a result of this transaction, Sinclair Jack now holds 186,400 shares worth roughly $29.85 million.
Then, Sinclair Jack sold 2,915 shares, generating $435,398 in total proceeds. Upon selling the shares at $149.36, the Chief Executive Officer now owns 189,315 shares.
Before that, Jack Sinclair bought 5,830 shares. Sprouts Farmers Market Inc shares valued at $843,193 were divested by the Officer at a price of $144.63 per share.
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 Thursday, Sprouts Farmers Market Inc [NASDAQ:SFM] saw its stock jump 0.45% to $160.15. Over the last five days, the stock has gained 4.05%. Sprouts Farmers Market Inc shares have risen nearly 26.03% since the year began. Nevertheless, the stocks have risen 157.10% over the past one year. While a 52-week high of $178.99 was reached on 02/18/25, a 52-week low of $61.71 was recorded on 01/02/25. SMA at 50 days reached $151.60, while 200 days put it at $127.41.
Levels Of Support And Resistance For SFM Stock
The 24-hour chart illustrates a support level at 158.41, which if violated will result in even more drops to 156.66. On the upside, there is a resistance level at 161.71. A further resistance level may holdings at 163.27. The Relative Strength Index (RSI) on the 14-day chart is 61.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.49%. Stochastics %K at 84.64% indicates the stock is a selling.
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 2025-03-31, growing by 0.77 million shares to a total of 6.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.62 million shares. There was a rise of 12.06%, which implies that there is a positive sentiment for the stock.
