Starbucks (NASDAQ:SBUX) CEO Sells $236,251.71 in Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Monday, July 6th, Brady Brewer sold 2,229 shares of Starbucks stock. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00.
• 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 value of $58,800.00.
• On Friday, June 5th, Brady Brewer sold 1,641 shares of Starbucks stock. The stock was sold at an average price of $94.33, for a total transaction of $154,795.53.

Starbucks Stock Performance

SBUX opened at $105.58 on Friday. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $109.23. The firm has a market capitalization of $120.36 billion, a PE ratio of 60.68, a PEG ratio of 1.82 and a beta of 0.97. The business’s 50-day simple moving average is $102.60 and its 200 day simple moving average is $99.55.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.19. The business 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%. Starbucks’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the business posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, research analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 142.53%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. TD Cowen began coverage on shares of Starbucks in a research report on Thursday, July 30th. They set a “buy” rating and a $120.00 price target on the stock. Stifel Nicolaus set a $117.00 target price on Starbucks and gave the company a “buy” rating in a research report on Wednesday, May 6th. Robert W. Baird set a $124.00 price target on Starbucks in a research note on Thursday, July 30th. Piper Sandler restated an “overweight” rating and set a $110.00 price target on shares of Starbucks in a report on Wednesday, April 29th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of Starbucks in a research note on Thursday, July 30th. Nineteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Starbucks has an average rating of “Hold” and a consensus price target of $111.96.

Institutional Investors Weigh In On Starbucks

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rachor Investment Advisory Services LLC purchased a new stake in shares of Starbucks in the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. purchased a new position in shares of Starbucks during the fourth quarter valued at approximately $25,000. Meeder Asset Management Inc. bought a new stake in Starbucks during the second quarter worth $25,000. Finally, Entrust Financial LLC bought a new stake in Starbucks during the fourth quarter worth $26,000. 72.29% of the stock is owned by institutional investors.

Starbucks Company Profile

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.