Starbucks (NASDAQ:SBUX) CEO Brady Brewer Sells 1,641 Shares of Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 1,641 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $94.33, for a total value of $154,795.53. Following the completion of the sale, the chief executive officer directly owned 80,181 shares in the company, valued at approximately $7,563,473.73. The trade was a 2.01% decrease in their position. The transaction was disclosed in a 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.

Brady Brewer also recently made the following trade(s):

• On Tuesday, May 5th, Brady Brewer sold 2,229 shares of Starbucks stock. The shares were sold at an average price of $104.81, for a total value of $233,621.49.
• On Friday, April 17th, 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 Monday, April 6th, Brady Brewer sold 1,641 shares of Starbucks stock. The shares were sold at an average price of $90.00, for a total value of $147,690.00.

Starbucks Stock Up 2.7%

NASDAQ:SBUX opened at $97.41 on Wednesday. The stock has a market cap of $111.02 billion, a P/E ratio of 73.80, a PEG ratio of 1.87 and a beta of 0.98. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $108.88. The business’s 50-day moving average price is $99.52 and its two-hundred day moving average price is $94.35.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.Starbucks’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts expect that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is currently 187.88%.

Wall Street Analyst Weigh In

SBUX has been the topic of a number of research reports. The Goldman Sachs Group cut Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Scotiabank cut Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Morgan Stanley upgraded Starbucks from an “overweight” rating to an “overweight” rating in a research report on Thursday, May 14th. Guggenheim restated a “neutral” rating and set a $97.00 price target (up from $95.00) on shares of Starbucks in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada lowered Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $107.48.

Hedge Funds Weigh In On Starbucks

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Pine Valley Investments Ltd Liability Co grew its position in Starbucks by 15.2% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 33,854 shares of the coffee company’s stock worth $3,033,000 after acquiring an additional 4,472 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Starbucks by 5.2% in the 1st quarter. Parallel Advisors LLC now owns 45,752 shares of the coffee company’s stock worth $4,099,000 after buying an additional 2,241 shares during the last quarter. First Nebraska Trust Co bought a new stake in shares of Starbucks in the 1st quarter worth approximately $412,000. Security Financial Services INC. bought a new stake in shares of Starbucks in the 1st quarter worth approximately $202,000. Finally, Westshore Wealth LLC grew its position in shares of Starbucks by 37.9% in the 1st quarter. Westshore Wealth LLC now owns 4,236 shares of the coffee company’s stock worth $380,000 after buying an additional 1,164 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is getting favorable attention for expanding its Refreshers lineup, including blended versions that management says could drive more afternoon visits and incremental sales from younger customers. Starbucks’ latest drink launch is a bet on the future of fast food beverages
• Positive Sentiment: Investors are also encouraged by reports that Starbucks is seeing encouraging growth beyond the morning rush, suggesting the company’s turnaround efforts are starting to improve traffic patterns and revenue mix. Starbucks Sees Encouraging Growth beyond the Morning Rush, CNBC Reports
• Positive Sentiment: Analyst commentary remains constructive, with coverage highlighting Starbucks’ $2 billion cost-savings plan and improving margins as potential catalysts for stronger EPS growth. Can Starbucks’ $2 Billion Cost-Savings Plan Accelerate EPS Growth?
• Positive Sentiment: Starbucks’ CEO also signaled international expansion as part of the company’s growth push, reinforcing the view that management sees room for long-term sales gains. Starbucks Stock (SBUX) Turns Frothy as CEO Talks International Expansion
• Neutral Sentiment: Starbucks CEO Brady Brewer disclosed a pre-arranged sale of 1,641 shares under a 10b5-1 plan, which is unlikely to be interpreted as a major change in fundamentals but can add modest overhang. SEC filing
• Negative Sentiment: One external note highlighted broader market weakness in AI and tech stocks, but this is not directly tied to Starbucks’ business and appears to have limited impact on SBUX. Deja Vu? AI Overspending Fears Renew

About Starbucks

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.