Insider Selling: Starbucks (NASDAQ:SBUX) CEO Sells $58,800.00 in Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the transaction, the chief executive officer directly owned 83,788 shares in the company, valued at approximately $8,378,800. This represents a 0.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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, 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.
• On Monday, March 9th, 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 Thursday, March 5th, Brady Brewer sold 1,641 shares of Starbucks stock. The shares were sold at an average price of $97.12, for a total value of $159,373.92.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $99.54 on Friday. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $104.82. The business has a 50 day simple moving average of $95.93 and a two-hundred day simple moving average of $90.23. The firm has a market capitalization of $113.41 billion, a PE ratio of 82.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.95.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter last year, the firm earned $0.69 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Equities research analysts expect that Starbucks Corporation will post 2.31 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, May 15th. Starbucks’s payout ratio is 204.96%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Early signs that Starbucks’ loyalty revamp is drawing value?seeking customers — the new 60?star redemption option is reportedly the most popular redemption and is driving traffic, which supports near?term comp recovery. Read More.
• Positive Sentiment: Starbucks picked Nashville for a $100M Southeast corporate/support office; the move (and Benzinga’s report of a stock jump after the announcement) signals investment in U.S. operations and regional support that could improve execution and lower costs over time. Read More.
• Positive Sentiment: Retail/packaged?goods expansion: Nestlé/Keurig distribution extension for Starbucks K?Cup pods broadens at?home revenue and recurring grocery exposure. Read More.
• Neutral Sentiment: Analysts are mixed but constructive — several firms keep hold/buy views and some (e.g., Stifel) are more bullish on upside, supporting market interest ahead of earnings. Read More.
• Neutral Sentiment: CEO Brady Brewer disclosed a small, pre?arranged sale under a 10b5?1 plan; routine insider selling is not a clear directional signal. Read More.
• Negative Sentiment: Starbucks is cutting/reshaping tech roles and paring back some tech jobs as it brings more tech work in?house — this could produce one?time charges, execution risk for digital initiatives, and near?term disruption. Read More.
• Negative Sentiment: Investors remain cautious ahead of April 28 earnings after the last quarter missed EPS; high trailing valuation and weak ROE make SBUX sensitive to any execution slip. Read More.
• Negative Sentiment: Competitive pressure: challengers (Dunkin’, Dutch Bros, regional chains) and store strategy shifts (exurbs/drive?through focus) complicate long?term comps and unit economics. Read More.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on SBUX shares. Mizuho lifted their price objective on shares of Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a report on Monday, January 26th. Citizens Jmp started coverage on shares of Starbucks in a report on Monday, March 30th. They set an “underperform” rating and a $84.00 price objective for the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a report on Wednesday, March 4th. Wolfe Research started coverage on shares of Starbucks in a report on Monday, March 9th. They set a “peer perform” rating for the company. Finally, New Street Research set a $90.00 price objective on shares of Starbucks in a report on Tuesday, January 27th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Starbucks presently has an average rating of “Moderate Buy” and an average target price of $104.93.

Hedge Funds Weigh In On Starbucks

Several institutional investors have recently made changes to their positions in the company. Exeter Financial LLC increased its stake in shares of Starbucks by 20.3% during the first quarter. Exeter Financial LLC now owns 17,159 shares of the coffee company’s stock valued at $1,537,000 after buying an additional 2,891 shares during the period. Premier Path Wealth Partners LLC increased its stake in shares of Starbucks by 15.4% during the first quarter. Premier Path Wealth Partners LLC now owns 5,124 shares of the coffee company’s stock valued at $459,000 after buying an additional 684 shares during the period. Mayflower Financial Advisors LLC purchased a new position in shares of Starbucks during the first quarter valued at $262,000. Midwest Financial Partners Investments Inc. purchased a new position in shares of Starbucks during the first quarter valued at $210,000. Finally, Moss Adams Wealth Advisors LLC increased its stake in shares of Starbucks by 6.4% during the first quarter. Moss Adams Wealth Advisors LLC now owns 6,767 shares of the coffee company’s stock valued at $606,000 after buying an additional 410 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

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.