Sprouts Farmers Market, based in Phoenix, Arizona, operates around 407 healthy grocery stores and employs 32,000 people, offering a variety of organic and specialty products since its IPO in 2013. The company features an open layout with fresh produce at its core and sells both perishable and non-perishable items across 23 states.
Nicholas Konat sold 20,270 shares of SFM on 29 May at $167.50 per share, worth a total of $3.4M. They now own 55,675 SFM shares, or a 27% holding decrease.
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