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

Key Points

• Starbucks CEO Brady Brewer sold 588 shares at $100 each, totaling $58,800 and reducing his holdings by 0.82% to 70,920 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
• Starbucks shares recently traded at $101.91, with a market capitalization of about $116.2 billion. Analysts maintain a “Moderate Buy” consensus and an average price target of $110.43.
• The company reported quarterly EPS of $0.85, exceeding estimates of $0.66, while revenue reached $9.32 billion. Starbucks also raised its quarterly dividend to $0.63 per share, although its payout ratio remains elevated at 142.53%.

Starbucks Corporation (NASDAQ:SBUX - Get Free Report) CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00. Following the sale, the chief executive officer owned 70,920 shares in the company, valued at approximately $7,092,000. The trade was a 0.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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, 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 value 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.
• 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 value of $236,251.71.

Starbucks Stock Performance

SBUX stock traded up $2.83 during mid-day trading on Thursday, reaching $101.91. 9,587,174 shares of the stock traded hands, compared to its average volume of 9,358,070. The stock has a market capitalization of $116.18 billion, a PE ratio of 40.77, a PEG ratio of 1.43 and a beta of 0.98. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The business has a 50-day moving average price of $99.58 and a two-hundred day moving average price of $101.38.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business's revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, equities analysts expect that Starbucks Corporation will post 2.60 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. Stockholders of record on Friday, November 13th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, November 13th. This is an increase from Starbucks's previous quarterly dividend of $0.62. Starbucks's dividend payout ratio is currently 142.53%.

Institutional Investors Weigh In On Starbucks

Several institutional investors have recently made changes to their positions in the stock. Robinhood Asset Management LLC acquired a new position in shares of Starbucks during the 2nd quarter worth approximately $10,187,000. Nykredit A S purchased a new position in Starbucks during the second quarter worth $29,524,000. The Manufacturers Life Insurance Company purchased a new position in Starbucks during the second quarter worth $61,404,000. Bank of America Corp DE purchased a new position in Starbucks during the second quarter worth $1,581,287,000. Finally, Saudi Central Bank raised its holdings in shares of Starbucks by 90.0% in the second quarter. Saudi Central Bank now owns 79,751 shares of the coffee company's stock worth $8,150,000 after acquiring an additional 37,779 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SBUX shares. UBS Group reiterated a "neutral" rating and issued a $105.00 target price (down from $112.00) on shares of Starbucks in a research report on Thursday, October 8th. Compass Point assumed coverage on shares of Starbucks in a research report on Monday, August 3rd. They set a "buy" rating for the company. Gordon Haskett boosted their price target on shares of Starbucks from $110.00 to $118.00 and gave the stock a "hold" rating in a research note on Thursday, July 30th. Sanford C. Bernstein lowered Starbucks from an "outperform" rating to a "market perform" rating in a report on Monday, August 3rd. Finally, Citigroup restated a "neutral" rating and issued a $104.00 price objective (down from $112.00) on shares of Starbucks in a report on Tuesday. Twenty-four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $110.43.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and earnings-focused coverage point to a potential quarterly earnings beat, citing favorable estimates and other indicators ahead of Starbucks’ report. Strong results or upbeat guidance under the “Back to Starbucks” plan could support the stock. Starbucks Earnings Expected to Grow
• Positive Sentiment: Starbucks recently raised its quarterly dividend to $0.63 per share. Investors are also watching the company’s approximately $2 billion cost-savings initiative as potential evidence that profitability and shareholder returns can improve. Starbucks Bull Case Ahead of Fourth-Quarter Results
• Positive Sentiment: Coverage highlights Starbucks’ premium global brand, dividend appeal and recent stock performance relative to parts of the retail sector. The company’s November dividend schedule may attract income-oriented investors, though it is not a major near-term earnings catalyst. Starbucks November Dividend
• Neutral Sentiment: Starbucks China is introducing new rules concerning customer seating and coffeehouse usage. The changes could improve store capacity and turnover, but their financial effect remains unclear. Starbucks China Launches New Rules
• Neutral Sentiment: Reports that Starbucks explored acquiring Chipotle have faded, removing a potentially disruptive deal but also eliminating a possible diversification catalyst. Analysts continue to debate whether Starbucks is preferable to other consumer brands such as PepsiCo. Investors Discuss Starbucks
• Negative Sentiment: Starbucks trades at a demanding valuation—roughly 59 times earnings based on the provided data—so the upcoming report must deliver meaningful growth. Concerns about a sales slowdown could pressure the shares if comparable-store sales or guidance disappoint. Could Starbucks Survive a Sales Slowdown
• Negative Sentiment: Wells Fargo remains overweight but reduced its price target from $125 to $120, signaling somewhat less upside despite continued confidence in the turnaround. Wells Fargo Lowers Starbucks Price Target

About Starbucks

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.

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