Starbucks (NASDAQ:SBUX) Stock Unloaded by Rep. Kevin Hern

Posted by James Conley on Sep 29th, 2026

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Starbucks Corporation (NASDAQ:SBUX). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on September 2nd. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Starbucks Price Performance

Shares of SBUX opened at $95.27 on Tuesday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The company has a 50 day simple moving average of $103.04 and a two-hundred day simple moving average of $101.13. The firm has a market cap of $108.61 billion, a P/E ratio of 54.75, a price-to-earnings-growth ratio of 1.65 and a beta of 0.97.

Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the business posted $0.50 earnings per share. The business’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. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.62 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Capital World Investors grew its holdings in Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after purchasing an additional 7,007,268 shares during the last quarter. BlackRock Inc. purchased a new position in Starbucks during the 2nd quarter valued at $8,504,509,000. State Street Corp grew its position in Starbucks by 3.2% in the 2nd quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock valued at $5,033,907,000 after acquiring an additional 1,530,497 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Starbucks by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock worth $2,212,153,000 after purchasing an additional 225,168 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its holdings in shares of Starbucks by 65.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after purchasing an additional 7,725,547 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SBUX has been the topic of a number of research reports. Seaport Research Partners started coverage on Starbucks in a research note on Wednesday, September 16th. They issued a “neutral” rating on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Starbucks in a research report on Monday, July 20th. DA Davidson raised their target price on shares of Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Robert W. Baird upgraded shares of Starbucks to a “strong-buy” rating in a research report on Monday, August 24th. Finally, Guggenheim began coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $110.30.

Read Our Latest Research Report on Starbucks

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Starbucks’ turnaround is reportedly winning back customers, with improving traffic and operational changes supporting the recovery narrative. However, margin improvement remains a key concern. Starbucks turnaround and customer recovery
Positive Sentiment: The company plans to establish a global capability center in Chennai, India, and hire approximately 800 technology professionals. The investment could improve digital capabilities and support efficiency initiatives over time. Starbucks India technology expansion
Neutral Sentiment: Starbucks is closing roughly 250 underperforming North American locations—about 1% of its regional store base—and shifting capital toward store renovations and higher-performing sites. Management says the closures are part of a broader portfolio reset, but the strategy includes a reported $300 million charge and lower new-store guidance. Starbucks store closures and restructuring charge
Negative Sentiment: The closure program is generating negative publicity, including criticism from the United Steelworkers union and reports of affected locations in Southern California and Charlotte. The shutdowns also highlight continued competitive and cost pressures despite improving customer traffic. United Steelworkers response to Starbucks closures
Negative Sentiment: A nonprofit report claims that most single-use Starbucks cold-drink cups placed in recycling bins ultimately reach landfills or incinerators, creating reputational and potential regulatory risks around the company’s sustainability claims. Starbucks recyclable cup report
Negative Sentiment: Analyst comparisons favor McDonald’s because of its greater scale, efficiency initiatives and lower valuation. Separate analysis also raises concerns that Starbucks’ free cash flow may not comfortably support its dividend, an important issue for income-focused investors. McDonald’s versus Starbucks comparison

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $105.60, for a total value of $235,382.40. Following the transaction, the chief executive officer directly owned 73,149 shares in the company, valued at $7,724,534.40. This represents a 2.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 6,687 shares of company stock valued at $703,450. 0.03% of the stock is owned by insiders.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Starbucks

(Get Free Report)

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.