Starbucks Corporation (NASDAQ:SBUX - Get Free Report) CEO Brady Brewer sold 2,229 shares of the business's stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $110.00, for a total value of $245,190.00. Following the transaction, the chief executive officer owned 68,691 shares of the company's stock, valued at approximately $7,556,010. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Tuesday, October 20th, Brady Brewer sold 588 shares of Starbucks stock. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00.
- On Monday, October 5th, Brady Brewer sold 1,641 shares of Starbucks stock. The stock was sold at an average price of $94.76, for a total transaction of $155,501.16.
- On Friday, September 4th, Brady Brewer sold 2,229 shares of Starbucks stock. The shares were sold at an average price of $105.60, for a total transaction of $235,382.40.
Starbucks Price Performance
Shares of NASDAQ:SBUX opened at $109.44 on Tuesday. The company has a market capitalization of $124.76 billion, a P/E ratio of 40.48, a P/E/G ratio of 1.81 and a beta of 1.01. Starbucks Corporation has a 1-year low of $81.97 and a 1-year high of $111.50. The firm's 50 day simple moving average is $99.18 and its two-hundred day simple moving average is $100.11.
Starbucks (NASDAQ:SBUX - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The coffee company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.08. The firm had revenue of $9.14 billion during the quarter, compared to analysts' expectations of $9.22 billion. Starbucks had a net margin of 6.66% and a negative return on equity of 38.61%. The company's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 earnings per share. On average, sell-side analysts anticipate that Starbucks Corporation will post 3.22 earnings per share for the current fiscal year.
Starbucks Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.52 annualized dividend and a yield of 2.3%. This is an increase from Starbucks's previous quarterly dividend of $0.62. Starbucks's payout ratio is currently 112.22%.
Analysts Set New Price Targets
A number of brokerages have issued reports on SBUX. Wells Fargo & Company cut their price target on Starbucks from $125.00 to $120.00 and set an "overweight" rating for the company in a research note on Wednesday, October 21st. JPMorgan Chase & Co. lowered their price objective on Starbucks from $112.00 to $105.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 29th. Weiss Ratings lowered Starbucks from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, November 3rd. Evercore reaffirmed an "outperform" rating on shares of Starbucks in a research note on Friday, October 30th. Finally, Compass Point started coverage on Starbucks in a research report on Monday, August 3rd. They set a "buy" rating for the company. Twenty-one analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, Starbucks currently has a consensus rating of "Hold" and a consensus target price of $108.83.
Check Out Our Latest Stock Report on Starbucks
Key Headlines Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Stifel’s Buy rating and $115 target supported investor optimism and helped drive the stock’s advance. Starbucks rises as Stifel resumes coverage with Buy rating and $115 target
- Positive Sentiment: Recent results provide a supportive backdrop: Starbucks reported adjusted quarterly EPS of $0.80, up 54% year over year, and comparable sales growth of 7.2%. Starbucks Is Up 28% in 2026 After a 7.2% Comp Quarter
- Neutral Sentiment: Call-option trading was about 40% above its typical daily volume, suggesting increased positioning and interest, though options activity alone does not establish a durable bullish outlook.
- Neutral Sentiment: CEO Brady Brewer sold 2,229 shares under a pre-arranged Rule 10b5-1 plan. The sale was relatively small compared with his remaining holdings, which may temper its significance. SEC filing
- Negative Sentiment: A recent valuation commentary argues the stock may be expensive relative to its cash-flow outlook, raising the risk that some of the recent share-price strength is already reflected in the valuation. Starbucks Stock Looks Rich With A 32% Cash Flow Gap
Hedge Funds Weigh In On Starbucks
Several institutional investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new position in shares of Starbucks during the 2nd quarter valued at approximately $25,000. Black Cypress Capital Management LLC bought a new stake in Starbucks in the second quarter worth $27,000. Center for Financial Planning Inc. increased its position in Starbucks by 125.2% in the third quarter. Center for Financial Planning Inc. now owns 295 shares of the coffee company's stock worth $28,000 after purchasing an additional 164 shares during the last quarter. Financial Freedom LLC bought a new stake in Starbucks in the third quarter worth $30,000. Finally, John Boyer Inc. purchased a new stake in Starbucks during the third quarter valued at $31,000. Hedge funds and other institutional investors own 72.29% of the company's stock.
About Starbucks
(
Get Free Report)
Starbucks Corporation is a global coffee company that roasts, markets and sells coffee and other beverages, along with food and related merchandise. Its offerings include brewed coffee, espresso-based drinks, teas and packaged coffee products.
The company serves customers through company-operated and licensed stores, as well as through retail and food-service partnerships. Its stores also sell items such as mugs and coffee-making equipment.
Founded in Seattle in 1971, Starbucks operates in North America and international markets, including China.
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