Insider Selling: 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 that occurred on Monday, October 5th. The stock was sold at an average price of $94.76, for a total transaction of $155,501.16. Following the completion of the sale, the chief executive officer owned 71,508 shares of the company’s stock, valued at $6,776,098.08. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were 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 stock was sold at an average price of $105.99, for a total transaction of $236,251.71.

Starbucks Stock Down 2.6%

SBUX traded down $2.53 during mid-day trading on Wednesday, reaching $93.58. 9,408,588 shares of the company traded hands, compared to its average volume of 7,944,931. The company’s fifty day moving average price is $102.00 and its 200-day moving average price is $101.00. The stock has a market capitalization 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. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $110.51.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the business posted $0.50 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. raised its position in Starbucks by 1.0% in the 1st quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock worth $849,000 after purchasing an additional 97 shares during the period. Cypress Capital Management LLC WY boosted its position in shares of Starbucks by 30.9% during the second quarter. Cypress Capital Management LLC WY now owns 424 shares of the coffee company’s stock valued at $43,000 after buying an additional 100 shares during the period. Webster Bank N. A. grew its stake in shares of Starbucks by 7.8% during the second quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock valued at $143,000 after buying an additional 101 shares during the last quarter. Nilsine Partners LLC raised its holdings in shares of Starbucks by 1.0% in the second quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after buying an additional 101 shares during the period. Finally, Beta Wealth Group Inc. raised its holdings in shares of Starbucks by 1.7% in the second quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock worth $635,000 after buying an additional 102 shares during the period. 72.29% of the stock is currently owned by institutional investors.

Starbucks News Summary

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

Wall Street Analysts Forecast Growth

SBUX has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price objective on shares of Starbucks from $112.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, September 29th. Evercore restated an “outperform” rating on shares of Starbucks in a research note on Thursday, July 30th. TD Cowen reaffirmed a “buy” rating on shares of Starbucks in a report on Monday, September 21st. Raymond James Financial lowered shares of Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Finally, BTIG Research reissued a “buy” rating and issued a $115.00 price objective on shares of Starbucks in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $110.48.

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.