Starbucks Corp’s recent filing unveils that its evp, chief partner officer KELLY SARA unloaded Company’s shares for reported $1.94 million on Nov 29 ’24. In the deal valued at $101.37 per share,19,102 shares were sold. As a result of this transaction, KELLY SARA now holds 46,115 shares worth roughly $5.17 million.
Then, KELLY SARA bought 19,102 shares, generating $1,936,370 in total proceeds.
Before that, Conway Michael Aaron bought 24,884 shares. Starbucks Corp shares valued at $2,557,462 were divested by the Officer at a price of $102.78 per share.
Stifel reiterated its Starbucks Corp [SBUX] rating to a Buy in a research note published on January 27, 2025; the price target was $114. Redburn Atlantic also remained covering SBUX and has decreased its forecast on November 13, 2024 with a “Sell” recommendation from previously “Neutral” rating. Morgan Stanley maintained its rating on October 17, 2024. It rated SBUX as “an Overweight”.
Price Performance Review of SBUX
On Tuesday, Starbucks Corp [NASDAQ:SBUX] saw its stock fall -2.90% to $112.06. Over the last five days, the stock has lost -2.21%. Starbucks Corp shares have risen nearly 22.81% since the year began. Nevertheless, the stocks have risen 18.08% over the past one year. While a 52-week high of $117.46 was reached on 03/03/25, a 52-week low of $71.55 was recorded on 01/13/25. SMA at 50 days reached $102.36, while 200 days put it at $92.26.
Levels Of Support And Resistance For SBUX Stock
The 24-hour chart illustrates a support level at 110.95, which if violated will result in even more drops to 109.84. On the upside, there is a resistance level at 114.22. A further resistance level may holdings at 116.38. The Relative Strength Index (RSI) on the 14-day chart is 56.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bearish at 76.49%. Stochastics %K at 63.18% indicates the stock is a holding.
The most recent change occurred on October 17, 2024 when BTIG Research resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $115.
