Insider Selling: Starbucks (NASDAQ:SBUX) CEO Sells $231,816.00 in Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the sale, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at approximately $8,045,856. This trade represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Brady Brewer also recently made the following trade(s):

• On Thursday, June 11th, Brady Brewer sold 588 shares of Starbucks stock. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00.
• On Friday, June 5th, Brady Brewer sold 1,641 shares of Starbucks stock. The shares were sold at an average price of $94.33, for a total transaction of $154,795.53.
• On Tuesday, May 5th, Brady Brewer sold 2,229 shares of Starbucks stock. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49.
• On Friday, April 17th, Brady Brewer sold 588 shares of Starbucks stock. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00.

Starbucks Stock Up 0.3%

Shares of NASDAQ SBUX traded up $0.26 during midday trading on Wednesday, reaching $103.87. 7,026,089 shares of the company’s stock traded hands, compared to its average volume of 8,457,545. The company has a market cap of $118.38 billion, a price-to-earnings ratio of 78.69, a P/E/G ratio of 2.03 and a beta of 0.98. The stock’s 50 day simple moving average is $102.12 and its 200-day simple moving average is $96.78. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. Starbucks’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts predict that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 187.88%.

Institutional Investors Weigh In On Starbucks

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after purchasing an additional 81,952 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in Starbucks by 47.0% in the second quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after buying an additional 1,164 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Starbucks in the 2nd quarter worth approximately $288,000. Gamco Investors INC. ET AL increased its holdings in Starbucks by 92.8% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company’s stock worth $479,000 after buying an additional 2,515 shares during the period. Finally, NewEdge Advisors LLC raised its position in Starbucks by 7.6% during the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company’s stock worth $10,328,000 after buying an additional 7,978 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and market watchers highlighted Starbucks’ stronger traffic, loyalty growth, and turnaround efforts, helping keep the stock near its 52-week high and reinforcing the bullish momentum. Starbucks Near Its 52-Week High: Can the Stock Sustain the Rally?
• Positive Sentiment: Starbucks also stayed in focus after reaffirming its quarterly dividend, which can support investor interest from income-focused buyers and signal financial confidence. Starbucks (SBUX) Could Be 4% Undervalued As Dividend News Keeps Valuation In Focus
• Neutral Sentiment: There was also a major insider transaction: CEO Brady Brewer sold 2,229 shares under a pre-arranged 10b5-1 plan. Because it was planned in advance, the sale is not necessarily a negative signal, but investors may still view insider selling cautiously. SEC Form 4 filing
• Neutral Sentiment: SBUX also received repeated online attention from Zacks and other media, which can boost trading interest, though the coverage itself did not introduce a major new fundamental catalyst. Investors Heavily Search Starbucks Corporation (SBUX): Here is What You Need to Know
• Negative Sentiment: One article argued Starbucks may now be stretched after its recent run-up, with “3 Reasons to Sell SBUX,” suggesting some investors may be taking profits after the stock’s strong gain. 3 Reasons to Sell SBUX and 1 Stock to Buy Instead

Analyst Ratings Changes

Several analysts have commented on SBUX shares. JPMorgan Chase & Co. increased their price target on shares of Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Citigroup boosted their price objective on shares of Starbucks from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. UBS Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. The Goldman Sachs Group downgraded shares of Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. Finally, Stifel Nicolaus set a $117.00 price target on shares of Starbucks and gave the stock a “buy” rating in a report on Wednesday, May 6th. Nineteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $108.92.

About Starbucks

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.