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 $3.77 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.
Wells Fargo reiterated its Starbucks Corp [SBUX] rating to an Overweight in a research note published on April 22, 2025; the price target was $100. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early April from “an Underperform” to “a Hold”. Robert W. Baird also remained covering SBUX and has decreased its forecast on April 07, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Argus revised its rating on March 18, 2025. It rated SBUX as “a Buy” which previously was an “a Hold”.
Price Performance Review of SBUX
On Tuesday, Starbucks Corp [NASDAQ:SBUX] saw its stock jump 1.33% to $81.75. Over the last five days, the stock has lost -4.37%. Starbucks Corp shares have fallen nearly -10.41% since the year began. Nevertheless, the stocks have fallen -6.20% 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 $99.70, while 200 days put it at $94.68.
Levels Of Support And Resistance For SBUX Stock
The 24-hour chart illustrates a support level at 81.08, which if violated will result in even more drops to 80.42. On the upside, there is a resistance level at 82.95. A further resistance level may holdings at 84.16. The Relative Strength Index (RSI) on the 14-day chart is 34.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.27%. Stochastics %K at 21.86% 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 2025-03-31, growing by 2.6 million shares to a total of 36.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 34.19 million shares. There was a rise of 7.08%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 27, 2025 when Stifel resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $114.
