Starbucks (NASDAQ:SBUX) CEO Sells $155,501.16 in Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 1,641 shares of Starbucks stock in a transaction on Monday, October 5th. The stock was sold at an average price of $94.76, for a total value of $155,501.16. Following the sale, the chief executive officer owned 71,508 shares of the company’s stock, valued at approximately $6,776,098.08. This trade represents a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 Friday, September 4th, Brady Brewer sold 2,229 shares of Starbucks stock. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40.
• On Wednesday, August 5th, Brady Brewer sold 2,229 shares of Starbucks stock. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71.

Starbucks Stock Performance

Starbucks stock traded down $2.53 during trading hours on Wednesday, hitting $93.58. The company had a trading volume of 9,408,588 shares, compared to its average volume of 7,944,931. The firm has a market cap of $106.68 billion, a P/E ratio of 53.78, a P/E/G ratio of 1.36 and a beta of 0.98. The company has a 50-day moving average price of $102.00 and a two-hundred day moving average price of $101.00. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period last year, the company posted $0.50 earnings per share. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.59 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price target on Starbucks from $112.00 to $105.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Melius Research set a $110.00 price objective on shares of Starbucks in a research note on Monday, August 3rd. TD Cowen reiterated a “buy” rating on shares of Starbucks in a report on Monday, September 21st. Morgan Stanley cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Finally, Seaport Research Partners began coverage on shares of Starbucks in a research report on Wednesday, September 16th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Starbucks presently has a consensus rating of “Hold” and a consensus target price of $110.48.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Moody National Bank Trust Division lifted its stake in shares of Starbucks by 3.4% during the 3rd quarter. Moody National Bank Trust Division now owns 23,341 shares of the coffee company’s stock worth $2,193,000 after purchasing an additional 771 shares during the last quarter. QRG Capital Management Inc. grew its stake in Starbucks by 10.5% in the second quarter. QRG Capital Management Inc. now owns 159,617 shares of the coffee company’s stock valued at $16,311,000 after purchasing an additional 15,211 shares during the last quarter. State Street Corp grew its stake in Starbucks by 3.2% in the second quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock valued at $5,033,907,000 after purchasing an additional 1,530,497 shares during the last quarter. Smith Chas P & Associates PA Cpas bought a new position in Starbucks in the second quarter worth about $204,000. Finally, Marathon Wealth Advisors LLC lifted its position in shares of Starbucks by 1.9% during the second quarter. Marathon Wealth Advisors LLC now owns 13,128 shares of the coffee company’s stock valued at $1,342,000 after buying an additional 246 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks raised its quarterly cash dividend from $0.62 to $0.63 per share, implying an annualized payout of $2.52. The dividend is payable November 27 to shareholders of record November 13, signaling management’s continued confidence in cash generation. Starbucks Announces Increase in Quarterly Cash Dividend
• Positive Sentiment: Recent commentary indicates Starbucks is winning customers back through improvements to store operations, employee conditions and the in-store experience under CEO Brian Niccol. The recovery could support sales and earnings if the momentum continues. Starbucks Comeback Is Working
• Positive Sentiment: Holiday beverages and returning merchandise, including the popular Bearista cup, could provide a seasonal sales and traffic boost, although the financial impact is likely limited. Starbucks Brings Back Holiday Favorites
• Neutral Sentiment: Analysts and commentators remain constructive on the turnaround but warn that much of the improvement may already be reflected in Starbucks’ valuation, leaving less room for disappointment. Starbucks Is Winning Back Customers
• Neutral Sentiment: The company’s expansion in Xinjiang, China, could create geopolitical and reputational risks for its China-controlled business, though the near-term financial effect is uncertain. Starbucks Enters Xinjiang
• Negative Sentiment: Investors appeared concerned about Starbucks’ pivot toward smaller stores. The strategy could reduce seating and weaken the “stay and enjoy” experience that management is trying to restore. Starbucks Stock Slips on Smaller Store Pivot
• Negative Sentiment: A proposed class-action lawsuit alleges that eight beverages marketed as “sugar-free” contain 13 to 21 grams of sugar per serving. The claims could create legal costs and damage consumer trust. Starbucks Sued Over Sugar-Free Protein Drinks

Starbucks Company Profile

Starbucks Corporation is a global specialty coffee company that operates coffeehouses and sells coffee, tea and other beverages, along with food products and merchandise. Its menu includes brewed coffee, espresso-based drinks, cold beverages, teas, bakery items and ready-to-eat food. Starbucks also markets packaged coffee, ready-to-drink beverages and related products through retail and grocery channels, often through licensing and other business partnerships.

Founded in Seattle in 1971, Starbucks expanded from a local coffee retailer into an international brand.