Sprouts Farmers Market Inc’s recently made public that its President & COO Konat Nicholas unloaded Company’s shares for reported $3.4 million on May 29 ’25. In the deal valued at $167.50 per share,20,270 shares were sold. As a result of this transaction, Konat Nicholas now holds 55,675 shares worth roughly $9.62 million.
Then, NICHOLAS KONAT bought 20,270 shares, generating $3,395,150 in total proceeds.
Before that, Sinclair Jack sold 2,915 shares. Sprouts Farmers Market Inc shares valued at $481,222 were divested by the Chief Executive Officer at a price of $165.08 per share. As a result of the transaction, Sinclair Jack now holds 183,485 shares, worth roughly $31.72 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 jump 3.24% to $172.86. Over the last five days, the stock has gained 6.86%. Sprouts Farmers Market Inc shares have risen nearly 36.04% since the year began. Nevertheless, the stocks have risen 118.98% over the past one year. While a 52-week high of $178.99 was reached on 02/18/25, a 52-week low of $74.14 was recorded on 01/02/25. SMA at 50 days reached $159.98, while 200 days put it at $138.76.
Levels Of Support And Resistance For SFM Stock
The 24-hour chart illustrates a support level at 168.81, which if violated will result in even more drops to 164.76. On the upside, there is a resistance level at 175.45. A further resistance level may holdings at 178.04. The Relative Strength Index (RSI) on the 14-day chart is 61.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.83%. Stochastics %K at 87.46% indicates the stock is a selling.
