SVB Wealth LLC Decreases Stake in Starbucks Corporation $SBUX

Posted by George Bondi on Jun 24th, 2026

SVB Wealth LLC reduced its holdings in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 27.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,936 shares of the coffee company’s stock after selling 5,201 shares during the quarter. SVB Wealth LLC’s holdings in Starbucks were worth $1,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Anchyra Partners LLC grew its stake in shares of Starbucks by 12.3% in the first quarter. Anchyra Partners LLC now owns 3,411 shares of the coffee company’s stock worth $306,000 after acquiring an additional 373 shares during the period. Summit Wealth Partners LLC bought a new position in Starbucks during the first quarter valued at approximately $549,000. Financial Management Network Inc. lifted its position in Starbucks by 11.0% during the first quarter. Financial Management Network Inc. now owns 3,040 shares of the coffee company’s stock valued at $295,000 after purchasing an additional 301 shares during the period. Clark Asset Management LLC boosted its holdings in Starbucks by 25.8% in the first quarter. Clark Asset Management LLC now owns 3,246 shares of the coffee company’s stock worth $291,000 after purchasing an additional 665 shares during the last quarter. Finally, Brookstone Capital Management boosted its holdings in Starbucks by 13.9% in the first quarter. Brookstone Capital Management now owns 22,975 shares of the coffee company’s stock worth $2,058,000 after purchasing an additional 2,796 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Starbucks Stock Performance

Shares of Starbucks stock opened at $101.05 on Wednesday. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88. The stock’s fifty day moving average is $101.15 and its 200 day moving average is $95.44. The stock has a market cap of $115.17 billion, a P/E ratio of 76.55, a P/E/G ratio of 1.99 and a beta of 0.98.

Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The business had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.Starbucks’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Analysts predict that Starbucks Corporation will post 2.4 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on SBUX. Wedbush initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They set an “outperform” rating for the company. BTIG Research downgraded Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, May 14th. Jefferies Financial Group began coverage on Starbucks in a report on Thursday, May 14th. They issued a “buy” rating for the company. JPMorgan Chase & Co. increased their target price on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.59.

Check Out Our Latest Stock Report on Starbucks

Insider Activity at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. The trade was a 3.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the sale, the chief executive officer directly owned 81,559 shares of the company’s stock, valued at approximately $8,548,198.79. This trade represents a 2.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,687 shares of company stock worth $863,707 in the last ninety days. Insiders own 0.03% of the company’s stock.

About Starbucks

(Free Report)

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.