Starbucks (NASDAQ:SBUX) Stock Sale Disclosed by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Starbucks Corporation (NASDAQ:SBUX). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Starbucks stock on October 2nd.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Starbucks Stock Up 0.2%

Shares of NASDAQ:SBUX opened at $103.20 on Thursday. The firm has a market capitalization of $117.65 billion, a PE ratio of 59.31, a P/E/G ratio of 1.44 and a beta of 0.98. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. The company has a 50-day moving average price of $99.25 and a two-hundred day moving average price of $99.55.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.19. The firm had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The company’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.50 earnings per share. Analysts anticipate that Starbucks Corporation will post 2.65 earnings per share for the current fiscal year.

Starbucks Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 2.4%. This is a boost from Starbucks’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, November 13th. Starbucks’s payout ratio is currently 144.83%.

Analyst Ratings Changes

SBUX has been the subject of a number of recent research reports. TD Cowen reiterated a “buy” rating on shares of Starbucks in a research note on Monday, September 21st. Piper Sandler increased their target price on Starbucks from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. DA Davidson reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Starbucks in a report on Friday, October 9th. Evercore reiterated an “outperform” rating and issued a $120.00 price target (up from $115.00) on shares of Starbucks in a research report on Thursday, July 30th. Finally, Argus lifted their price target on Starbucks from $112.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Twenty-four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.14.

Institutional Trading of Starbucks

Several hedge funds and other institutional investors have recently bought and sold shares of SBUX. Meeder Asset Management Inc. purchased a new position in shares of Starbucks during the 2nd quarter worth $25,000. Black Cypress Capital Management LLC purchased a new stake in shares of Starbucks during the second quarter worth about $27,000. Financial Freedom LLC lifted its holdings in shares of Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after buying an additional 234 shares in the last quarter. Center for Financial Planning Inc. grew its holdings in Starbucks by 125.2% during the 3rd quarter. Center for Financial Planning Inc. now owns 295 shares of the coffee company’s stock valued at $28,000 after buying an additional 164 shares in the last quarter. Finally, John Boyer Inc. bought a new stake in Starbucks in the third quarter worth $31,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $105.60, for a total value of $235,382.40. Following the completion of the sale, the chief executive officer directly owned 73,149 shares in the company, valued at $7,724,534.40. This trade represents a 2.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 6,687 shares of company stock valued at $685,935. 0.03% of the stock is currently owned by insiders.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Investors expect Starbucks’ “Back to Starbucks” plan—focused on coffee quality, service and the customer experience—to support stronger U.S. comparable-store sales. Cost savings and improved operating execution could also provide an earnings boost. Starbucks to Post Q4 Earnings: What’s in the Cards for the Stock?
• Positive Sentiment: The company’s prior quarter exceeded analyst expectations for both revenue and earnings, while full-year guidance was reportedly ahead of consensus. That track record is helping sustain bullish sentiment ahead of the new report. Is Starbucks Fully Valued on Strong Guidance and Recent Results?
• Positive Sentiment: Starbucks maintained its annual dividend-raise streak, supporting the investment case for income-oriented shareholders. The payout is expected to be a key focus because investors are assessing whether free cash flow adequately covers the dividend. Did Starbucks Just Give Investors Nearly $2.9 Billion Reasons to Buy Its Stock?
• Neutral Sentiment: Options markets imply a potentially sizable move of approximately 6.33% following earnings, highlighting elevated volatility around the report. Starbucks Q4 Earnings Are on October 29
• Negative Sentiment: At roughly 59 times earnings, Starbucks appears richly valued relative to its recent revenue performance. Revenue in the prior quarter declined 1.4% year over year, so any weakness in same-store sales, gross margin or forward guidance could pressure the shares. Starbucks Q3 Earnings Preview
• Negative Sentiment: Starbucks is closing additional company-operated and airport locations, with associated job losses. While closures may improve the store portfolio and profitability over time, they also signal continuing operational challenges. Starbucks Shuts More Coffeehouses

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

About Starbucks

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.