The Chief HR & Legal Officer of Sprouts Farmers is Exercising Options


Today it was reported that the Chief HR & Legal Officer of Sprouts Farmers (NASDAQ: SFM), Brandon Lombardi, exercised options to sell 45,000 SFM shares at $6.01 a share, for a total transaction value of $1.09M.

See today’s analyst top recommended stocks >>

Based on Sprouts Farmers’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.32 billion and quarterly net profit of $41.71 million. In comparison, last year the company earned revenue of $1.18 billion and had a net profit of $40.97 million. SFM’s market cap is $3.05B and the company has a P/E ratio of 17.88. Currently, Sprouts Farmers has an average volume of 881.5K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $25.80, reflecting a -7.1% downside. Three different firms, including Merrill Lynch and Goldman Sachs, currently also have a Sell rating on the stock.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sprouts Farmers Markets, Inc. engages in the provision of healthy grocery stores. It specializes in fresh, natural, and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care, and natural household items.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts