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.
Goldman downgraded its Starbucks Corp [SBUX] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who remained covering the stock and in late April has reiterated a ‘”an Overweight”‘ rating for it. Jefferies also remained covering SBUX and has increased its forecast on April 09, 2025 with a “Hold” recommendation from previously “an Underperform” rating. Robert W. Baird revised its rating on April 07, 2025. It rated SBUX as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of SBUX
On Monday, Starbucks Corp [NASDAQ:SBUX] saw its stock fall -3.58% to $81.66. Over the last five days, the stock has lost -2.67%. Starbucks Corp shares have fallen nearly -10.51% since the year began. Nevertheless, the stocks have risen 9.70% 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 04/30/25. SMA at 50 days reached $94.42, while 200 days put it at $95.08.
Levels Of Support And Resistance For SBUX Stock
The 24-hour chart illustrates a support level at 80.81, which if violated will result in even more drops to 79.95. On the upside, there is a resistance level at 83.30. A further resistance level may holdings at 84.93. The Relative Strength Index (RSI) on the 14-day chart is 40.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.64%. Stochastics %K at 65.89% indicates the stock is a holding.
