Rep. Susie Lee Sells Starbucks Co. (NASDAQ:SBUX) Stock

Representative Susie Lee (D-Nevada) recently sold shares of Starbucks Co. (NASDAQ:SBUX). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Starbucks stock on March 14th. The trade occurred in the Representative’s “SUZANNE K LEE TRUST > FIDELITY BROKERAGE 402” account.

Representative Susie Lee also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Full House Resorts (NASDAQ:FLL) on 3/28/2025.
• Sold $15,001 – $50,000 in shares of Full House Resorts (NASDAQ:FLL) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Wynn Resorts (NASDAQ:WYNN) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Marriott International (NASDAQ:MAR) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Century Casinos (NASDAQ:CNTY) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Golden Entertainment (NASDAQ:GDEN) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Tennant (NYSE:TNC) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of MGM Resorts International (NYSE:MGM) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Carnival Co. & (NYSE:CCL) on 3/14/2025.

Starbucks Price Performance

Shares of SBUX opened at $85.49 on Tuesday. Starbucks Co. has a 1-year low of $71.55 and a 1-year high of $117.46. The stock has a market cap of $97.11 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The firm has a fifty day moving average price of $101.63 and a 200 day moving average price of $98.70.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, January 28th. The coffee company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. Starbucks had a negative return on equity of 44.97% and a net margin of 9.73%. During the same period in the prior year, the company posted $0.90 earnings per share. As a group, equities analysts expect that Starbucks Co. will post 2.99 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend is Friday, May 16th. Starbucks’s dividend payout ratio (DPR) is 78.71%.

Analyst Upgrades and Downgrades

A number of research firms have commented on SBUX. Argus upgraded shares of Starbucks from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Tuesday, March 18th. Wells Fargo & Company boosted their price target on Starbucks from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. UBS Group increased their price objective on Starbucks from $98.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Citigroup dropped their target price on Starbucks from $100.00 to $88.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $115.00 price target on shares of Starbucks in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.68.

Institutional Investors Weigh In On Starbucks

Large investors have recently bought and sold shares of the stock. Panoramic Capital Partners LLC lifted its position in shares of Starbucks by 23.3% in the first quarter. Panoramic Capital Partners LLC now owns 4,006 shares of the coffee company’s stock valued at $393,000 after acquiring an additional 758 shares in the last quarter. Bruce G. Allen Investments LLC lifted its holdings in Starbucks by 13.7% in the 1st quarter. Bruce G. Allen Investments LLC now owns 2,264 shares of the coffee company’s stock valued at $222,000 after purchasing an additional 273 shares in the last quarter. Tounjian Advisory Partners LLC acquired a new stake in shares of Starbucks during the 1st quarter worth about $976,000. Northstar Advisory Group LLC grew its holdings in shares of Starbucks by 5.6% during the first quarter. Northstar Advisory Group LLC now owns 28,492 shares of the coffee company’s stock worth $2,795,000 after buying an additional 1,517 shares in the last quarter. Finally, Pallas Capital Advisors LLC grew its holdings in shares of Starbucks by 99.4% during the first quarter. Pallas Capital Advisors LLC now owns 4,870 shares of the coffee company’s stock worth $478,000 after buying an additional 2,428 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

About Representative Lee

Susie Lee (Democratic Party) is a member of the U.S. House, representing Nevada’s 3rd Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027.

Lee (Democratic Party) is running for re-election to the U.S. House to represent Nevada’s 3rd Congressional District. She declared candidacy for the 2026 election.

Susie Lee attended Carnegie Mellon University in Pittsburgh and graduated with honors, earning a master’s degree in public management. After college, she worked in Massachusetts at an environmental and economic consulting firm that specialized in water resource issues. She moved to Las Vegas, Nevada, in 1993, where she then worked as a campaign policy advisor to Las Vegas Mayor Jan Laverty Jones and founded a homeless shelter for parents and children in need. In 2010, she became the president of the board of Communities In Schools of Nevada (CIS), a program that seeks to lower high school dropout rates. Lee has served on several other boards and committees in the Las Vegas area.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.