Starbucks (NASDAQ:SBUX) CEO Brady Brewer Sells 588 Shares of Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 588 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer owned 79,593 shares in the company, valued at $7,959,300. This trade represents a 0.73% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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 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 value of $154,795.53.
• On Tuesday, May 5th, Brady Brewer sold 2,229 shares of Starbucks stock. The stock was 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 Trading Down 1.4%

SBUX stock opened at $101.59 on Tuesday. The company’s 50 day moving average is $100.50 and its 200 day moving average is $94.83. The stock has a market cap of $115.78 billion, a price-to-earnings ratio of 76.96, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The business had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. Starbucks’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.62 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s payout ratio is 187.88%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Zacks included Starbucks on its list of top income stocks, suggesting some analysts still view the shares favorably despite near-term noise.
• Positive Sentiment: One recent analysis said Starbucks is seeing stronger traffic growth thanks to better service, faster operations, and improved customer experience initiatives, supporting the turnaround narrative.
• Neutral Sentiment: CEO Brady Brewer sold 588 shares in a pre-arranged Rule 10b5-1 transaction. The sale was small and routine, so it is unlikely to be a major signal on its own.
• Neutral Sentiment: Another report noted Starbucks faces growing competition from 7 Brew, which is expanding quickly and could pressure traffic over time.
• Negative Sentiment: Starbucks Korea is closing all locations early on June 22 for mandatory history and social sensitivity training after a marketing backlash. The controversy has triggered boycotts, a public apology, an investigation, and renewed reputational risk for the brand. Starbucks Korea Shuts Stores Early After Boycott Hits Revenue
• Negative Sentiment: Multiple reports on the same South Korea issue suggest the fallout is severe enough to affect sentiment across the stock, since the controversy could hurt sales and distract management. Starbucks Korea to give staff history training after backlash over marketing campaign

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Starbucks by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock worth $9,634,523,000 after acquiring an additional 971,773 shares during the last quarter. Capital Research Global Investors lifted its position in Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after purchasing an additional 8,774,198 shares during the last quarter. Capital World Investors boosted its stake in shares of Starbucks by 9.0% during the fourth 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 period. State Street Corp boosted its stake in shares of Starbucks by 0.7% during the fourth quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock valued at $4,031,053,000 after purchasing an additional 327,161 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Starbucks by 0.9% in 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. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

SBUX has been the topic of a number of research reports. JPMorgan Chase & Co. raised their price target on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Morgan Stanley upgraded Starbucks from an “overweight” rating to an “overweight” rating in a research report on Thursday, May 14th. DA Davidson raised their price objective on Starbucks from $97.00 to $102.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Tigress Financial assumed coverage on Starbucks in a research note on Wednesday, April 15th. They issued a “buy” rating and a $122.00 target price for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Starbucks in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and an average target price of $107.93.

Starbucks Company Profile

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.