Key Points
- Starbucks CEO Brady Brewer sold 2,229 shares at an average price of $105.60, generating $235,382.40. The transaction was made under a pre-arranged Rule 10b5-1 trading plan and reduced his holdings by 2.96% to 73,149 shares.
- Starbucks reported quarterly EPS of $0.85, beating analysts’ $0.66 estimate, while revenue reached $9.32 billion versus expectations of $9.17 billion. Revenue nevertheless declined 1.4% year over year, and fiscal 2026 EPS guidance was set at $2.55–$2.65.
- Analyst sentiment was mixed, with an average rating of “Hold” and an average price target of $110.30; institutional investors owned 72.29% of the company’s stock.
Starbucks Corporation (NASDAQ:SBUX - Get Free Report) CEO Brady Brewer sold 2,229 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the transaction, the chief executive officer owned 73,149 shares in the company, valued at approximately $7,724,534.40. This trade represents a 2.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 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.
- On Monday, July 6th, Brady Brewer sold 2,229 shares of Starbucks stock. The shares were sold at an average price of $104.00, for a total value of $231,816.00.
- On Thursday, June 11th, 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 Trading Down 1.9%
NASDAQ:SBUX opened at $100.04 on Thursday. The stock has a market cap of $114.05 billion, a P/E ratio of 57.49, a PEG ratio of 1.76 and a beta of 0.97. The stock has a 50 day simple moving average of $105.37 and a 200 day simple moving average of $101.27. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51.
Starbucks (NASDAQ:SBUX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company's revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 EPS. 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 2.64 EPS for the current year.
Institutional Investors Weigh In On Starbucks
Several institutional investors and hedge funds have recently bought and sold shares of SBUX. Brighton Jones LLC increased its stake in Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company's stock valued at $16,126,000 after acquiring an additional 81,952 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in Starbucks by 47.0% during the second quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company's stock worth $334,000 after purchasing an additional 1,164 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Starbucks during the second quarter worth $288,000. Gamco Investors INC. ET AL boosted its holdings in shares of Starbucks by 92.8% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company's stock valued at $479,000 after purchasing an additional 2,515 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of Starbucks by 7.6% in the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company's stock valued at $10,328,000 after purchasing an additional 7,978 shares in the last quarter. Institutional investors own 72.29% of the company's stock.
Analyst Upgrades and Downgrades
SBUX has been the topic of a number of recent research reports. The Goldman Sachs Group lowered shares of Starbucks from a "neutral" rating to a "neutral" rating in a research report on Thursday, May 14th. Stephens began coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an "overweight" rating for the company. DA Davidson increased their target price on shares of Starbucks from $102.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Melius Research set a $110.00 target price on shares of Starbucks in a report on Monday, August 3rd. Finally, Wedbush started coverage on Starbucks in a research note on Thursday, May 14th. They issued an "outperform" rating for the company. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, Starbucks has an average rating of "Hold" and an average target price of $110.30.
Get Our Latest Research Report on Starbucks
About Starbucks
(
Get Free Report)
Starbucks Corporation is a global coffeehouse company that roasts, markets and sells specialty coffee, tea, cold beverages, food and other related products. Its offerings include brewed coffee, espresso-based beverages, cold drinks, teas, pastries, breakfast items and packaged coffee and tea products. Starbucks also sells branded merchandise, including drinkware and related accessories.
Founded in 1971 in Seattle, Starbucks has grown from a local coffee retailer into an international business.
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