Brady Brewer Sells 2,229 Shares of Starbucks (NASDAQ:SBUX) Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the sale, the chief executive officer directly owned 73,149 shares in the company, valued at approximately $7,724,534.40. The trade was a 2.96% decrease in their ownership of the stock. The sale was disclosed in a 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 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 stock was sold at an average price of $104.00, for a total transaction of $231,816.00.
• On Thursday, June 11th, Brady Brewer sold 588 shares of Starbucks stock. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00.

Starbucks Price Performance

SBUX opened at $99.22 on Friday. The firm has a market capitalization of $113.11 billion, a P/E ratio of 57.02, a price-to-earnings-growth ratio of 1.73 and a beta of 0.97. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The company has a fifty day moving average price of $105.27 and a 200-day moving average price of $101.29.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm’s revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current year.

Analysts Set New Price Targets

SBUX has been the subject of a number of research analyst reports. Wedbush initiated coverage on Starbucks in a research report on Thursday, May 14th. They set an “outperform” rating for the company. UBS Group raised their target price on shares of Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Jefferies Financial Group assumed coverage on shares of Starbucks in a research report on Thursday, May 14th. They set a “buy” rating for the company. Stephens assumed coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “overweight” rating for the company. Finally, BTIG Research reissued a “buy” rating and issued a $115.00 price target on shares of Starbucks in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Starbucks has a consensus rating of “Hold” and a consensus target price of $110.30.

Hedge Funds Weigh In On Starbucks

Large investors have recently modified their holdings of the company. California State Teachers Retirement System raised its stake in shares of Starbucks by 10,101.1% during the second quarter. California State Teachers Retirement System now owns 179,138,252 shares of the coffee company’s stock worth $18,306,138,000 after acquiring an additional 177,382,188 shares in the last quarter. Capital World Investors boosted its stake in shares of Starbucks by 9.0% in the 4th 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 in the last quarter. BlackRock Inc. purchased a new stake in shares of Starbucks in the 2nd quarter valued at $8,504,509,000. State Street Corp grew its holdings in shares of Starbucks by 0.7% during the 4th 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 last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Starbucks by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock valued at $2,212,153,000 after purchasing an additional 225,168 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: CEO Brian Niccol said Starbucks’ “Back to Starbucks” turnaround has restored momentum, with comparable sales reportedly up 7.9%. The next phase will focus on improving service, customer experience, and in-store execution. Starbucks is back, CEO Brian Niccol says
• Positive Sentiment: Starbucks plans to invest approximately $1 billion to renovate up to 9,000 company-operated North American cafés, adding more comfortable seating and community-oriented features intended to increase customer visits and dwell time. Starbucks bets $1bn on coffee house antidote to lonely digital lives
• Positive Sentiment: Management expects roughly 1,500 or more upgraded locations by the end of the current fiscal year and continues to highlight growth opportunities in China. The strategy could support traffic, sales, and brand engagement if renovations generate attractive returns. Starbucks CEO Says Thousands More Store Upgrades Coming
• Neutral Sentiment: The latest reported quarter exceeded expectations, with earnings of $0.85 per share versus a $0.66 consensus estimate and revenue of $9.32 billion versus $9.17 billion. However, revenue still declined 1.4% year over year, while the company’s FY 2026 EPS outlook remains $2.55–$2.65. Starbucks CEO Niccol brought back customers, investors want margins next
• Negative Sentiment: Investors are increasingly focused on whether Starbucks can translate returning customers into sustainable margin expansion. The renovation program could raise costs before its sales benefits appear, and the stock’s valuation remains demanding at roughly 57 times earnings.
• Negative Sentiment: CEO Brady Brewer sold 2,229 shares under a pre-arranged Rule 10b5-1 trading plan. The transaction was relatively small, but insider selling can add a modest overhang. Starbucks insider sale filing

Starbucks Company Profile

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.