Starbucks (NASDAQ:SBUX) CEO Brady Brewer Sells 2,229 Shares

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the sale, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. The trade was a 2.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 transaction 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.
• 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 stock was sold at an average price of $100.00, for a total value of $58,800.00.

Starbucks Stock Performance

SBUX stock opened at $103.87 on Thursday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88. The firm has a market cap of $118.38 billion, a P/E ratio of 78.69, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. The stock has a 50-day simple moving average of $102.24 and a 200-day simple moving average of $96.88.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.44 by $0.06. The business had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the business posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts predict that Starbucks Corporation will post 2.4 EPS for the current year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is currently 187.88%.

Analyst Ratings Changes

Several research analysts have recently weighed in on SBUX shares. Stephens began coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “overweight” rating for the company. Citizens Jmp assumed coverage on shares of Starbucks in a research note on Monday, March 30th. They set an “underperform” rating and a $84.00 price target on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. Royal Bank Of Canada cut shares of Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a research note on Wednesday, April 22nd. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $108.92.

Hedge Funds Weigh In On Starbucks

Several institutional investors and hedge funds have recently made changes to their positions in SBUX. Rachor Investment Advisory Services LLC bought a new stake in shares of Starbucks in the fourth quarter worth $25,000. Cornerstone Financial Management LLC bought a new position in Starbucks during the 4th quarter valued at $25,000. Phillip James Consulting Co. bought a new position in Starbucks during the 4th quarter valued at $25,000. Entrust Financial LLC acquired a new position in Starbucks during the 4th quarter worth $26,000. Finally, Tucker Asset Management LLC acquired a new position in Starbucks during the 4th quarter worth $27,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and market watchers highlighted Starbucks’ stronger traffic, loyalty growth, and turnaround efforts, helping keep the stock near its 52-week high and reinforcing the bullish momentum. Starbucks Near Its 52-Week High: Can the Stock Sustain the Rally?
• Positive Sentiment: Starbucks also stayed in focus after reaffirming its quarterly dividend, which can support investor interest from income-focused buyers and signal financial confidence. Starbucks (SBUX) Could Be 4% Undervalued As Dividend News Keeps Valuation In Focus
• Neutral Sentiment: There was also a major insider transaction: CEO Brady Brewer sold 2,229 shares under a pre-arranged 10b5-1 plan. Because it was planned in advance, the sale is not necessarily a negative signal, but investors may still view insider selling cautiously. SEC Form 4 filing
• Neutral Sentiment: SBUX also received repeated online attention from Zacks and other media, which can boost trading interest, though the coverage itself did not introduce a major new fundamental catalyst. Investors Heavily Search Starbucks Corporation (SBUX): Here is What You Need to Know
• Negative Sentiment: One article argued Starbucks may now be stretched after its recent run-up, with “3 Reasons to Sell SBUX,” suggesting some investors may be taking profits after the stock’s strong gain. 3 Reasons to Sell SBUX and 1 Stock to Buy Instead

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.