Starbucks Corp’s filing revealed 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 $3.67 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.
Robert W. Baird downgraded its Starbucks Corp [SBUX] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid March from “a Hold” to “a Buy”. Stifel also remained covering SBUX and reiterated its “Buy” recommendation on January 27, 2025.
Price Performance Review of SBUX
On Tuesday, Starbucks Corp [NASDAQ:SBUX] saw its stock fall -0.39% to $79.69. Over the last five days, the stock has lost -18.87%. Starbucks Corp shares have fallen nearly -12.67% since the year began. Nevertheless, the stocks have fallen -8.24% 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 04/07/25. SMA at 50 days reached $104.26, while 200 days put it at $94.44.
Levels Of Support And Resistance For SBUX Stock
The 24-hour chart illustrates a support level at 77.76, which if violated will result in even more drops to 75.83. On the upside, there is a resistance level at 82.55. A further resistance level may holdings at 85.41. The Relative Strength Index (RSI) on the 14-day chart is 19.77, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.10%. Stochastics %K at 11.80% indicates the stock is a buying.
How much short interest is there in Starbucks Corp?
A steep rise in short interest was recorded in Starbucks Corp stocks on 2025-03-14, growing by 0.54 million shares to a total of 34.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 33.91 million shares. There was a rise of 1.56%, which implies that there is a positive sentiment for the stock.
