Generali Investments CEE investicni spolecnost a.s. Purchases 15,806 Shares of Starbucks Corporation $SBUX

Generali Investments CEE investicni spolecnost a.s. grew its position in Starbucks Corporation (NASDAQ:SBUXFree Report) by 53.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,306 shares of the coffee company’s stock after acquiring an additional 15,806 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Starbucks were worth $3,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Transce3nd LLC grew its holdings in shares of Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Collier Financial purchased a new stake in Starbucks during the third quarter valued at $25,000. Y.D. More Investments Ltd bought a new position in Starbucks during the third quarter valued at $26,000. JPL Wealth Management LLC bought a new position in Starbucks during the third quarter valued at $27,000. Finally, Kelleher Financial Advisors purchased a new position in shares of Starbucks in the 3rd quarter worth $27,000. 72.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a report on Wednesday, March 4th. Wells Fargo & Company set a $110.00 price objective on shares of Starbucks in a research report on Wednesday, January 28th. Bank of America set a $114.00 target price on shares of Starbucks in a report on Wednesday, January 21st. New Street Research set a $90.00 price target on shares of Starbucks in a report on Tuesday, January 27th. Finally, Piper Sandler reissued an “overweight” rating and issued a $103.00 price objective (up from $100.00) on shares of Starbucks in a research note on Friday, January 30th. Fifteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.81.

Get Our Latest Research Report on Starbucks

Starbucks Stock Down 4.8%

Shares of NASDAQ:SBUX opened at $86.81 on Friday. The business’s 50 day moving average is $95.98 and its 200 day moving average is $88.73. The stock has a market cap of $98.90 billion, a P/E ratio of 71.74, a price-to-earnings-growth ratio of 2.03 and a beta of 0.93. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82.

Starbucks (NASDAQ:SBUXGet Free Report) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period last year, the firm earned $0.69 earnings per share. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 588 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00. Following the transaction, the chief executive officer directly owned 86,017 shares in the company, valued at $8,601,700. This represents a 0.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the transaction, the executive vice president directly owned 59,609 shares in the company, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,729 shares of company stock valued at $460,974 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

About Starbucks

(Free Report)

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.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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