In a filing, Starbucks Corp. revealed its Director KNUDSTORP JORGEN VIG acquired Company’s shares for reported $34770.0 on Sep 06 ’24. In the deal valued at $91.50 per share,380 shares were bought. As a result of this transaction, KNUDSTORP JORGEN VIG now holds 36,242 shares worth roughly $3.44 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Narasimhan Laxman bought 39,678 shares, generating $3,882,152 in total proceeds.
Before that, Conway Michael Aaron sold 3,250 shares. Starbucks Corp. shares valued at $305,598 were divested by the ceo, North America at a price of $94.03 per share. As a result of the transaction, Conway Michael Aaron now holds 75,054 shares, worth roughly $7.13 million.
Bernstein upgraded its Starbucks Corp. [SBUX] rating to an Outperform from a a Mkt perform in a research note published on September 26, 2024; the price target was increased to $115 from $92. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in late September from “a Hold” to “an Underperform”. BofA Securities also remained covering SBUX and reiterated its “Buy” recommendation on September 18, 2024. DZ Bank revised its rating on August 21, 2024. It rated SBUX as “a Sell” which previously was an “a Hold”.
Price Performance Review of SBUX
On Tuesday, Starbucks Corp. [NASDAQ:SBUX] saw its stock jump 0.30% to $95.04. Over the last five days, the stock has lost -1.22%. Starbucks Corp. shares have fallen nearly -1.01% since the year began. Nevertheless, the stocks have risen 3.89% over the past one year. While a 52-week high of $107.66 was reached on 09/13/24, a 52-week low of $71.55 was recorded on 07/16/24. SMA at 50 days reached $93.29, while 200 days put it at $87.22.
Levels Of Support And Resistance For SBUX Stock
The 24-hour chart illustrates a support level at 94.42, which if violated will result in even more drops to 93.79. On the upside, there is a resistance level at 95.82. A further resistance level may holdings at 96.59. The Relative Strength Index (RSI) on the 14-day chart is 50.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.24%. Stochastics %K at 25.18% indicates the stock is a holding.
How much short interest is there in Starbucks Corp.?
A steep rise in short interest was recorded in Starbucks Corp. stocks on 2024-09-30, dropping by -2.76 million shares to a total of 28.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 31.17 million shares. There was a decline of -9.72%, which implies that there is a negative sentiment for the stock.
