Starbucks (NASDAQ:SBUX) Shares Unloaded Rep. Jared Moskowitz

Representative Jared Moskowitz (D-Florida) recently sold shares of Starbucks Co. (NASDAQ:SBUX). In a filing disclosed on May 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on April 10th. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (5)” account.

Representative Jared Moskowitz also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 4/16/2025.
  • Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/16/2025.
  • Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
  • Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
  • Purchased $1,001 – $15,000 in shares of Southern (NYSE:SO) on 4/7/2025.
  • Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/7/2025.
  • Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/7/2025.
  • Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/7/2025.
  • Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/7/2025.
  • Purchased $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 4/7/2025.

Starbucks Trading Up 0.1%

Shares of NASDAQ SBUX traded up $0.13 during trading hours on Tuesday, reaching $85.80. The stock had a trading volume of 2,346,006 shares, compared to its average volume of 11,150,697. The firm has a 50-day moving average of $89.48 and a 200-day moving average of $96.80. The firm has a market cap of $97.50 billion, a price-to-earnings ratio of 27.68, a PEG ratio of 3.59 and a beta of 0.99. Starbucks Co. has a fifty-two week low of $71.55 and a fifty-two week high of $117.46.

Starbucks (NASDAQ:SBUXGet Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The coffee company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.10). The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.90 billion. Starbucks had a net margin of 9.73% and a negative return on equity of 44.97%. Starbucks’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 earnings per share. On average, equities analysts predict that Starbucks Co. will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Friday, May 16th. Starbucks’s dividend payout ratio (DPR) is currently 88.41%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SBUX shares. Wedbush lifted their price objective on shares of Starbucks from $95.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. UBS Group cut their price target on shares of Starbucks from $105.00 to $90.00 and set a “neutral” rating for the company in a report on Monday, April 28th. Barclays cut their target price on Starbucks from $106.00 to $98.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. BMO Capital Markets cut their price objective on Starbucks from $115.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 30th. Finally, Jefferies Financial Group raised shares of Starbucks from an “underperform” rating to a “hold” rating and set a $76.00 price objective on the stock in a report on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $98.72.

View Our Latest Analysis on Starbucks

Institutional Investors Weigh In On Starbucks

A number of large investors have recently added to or reduced their stakes in SBUX. Strategic Financial Concepts LLC acquired a new stake in Starbucks during the 4th quarter valued at approximately $62,000. Arizona State Retirement System grew its position in shares of Starbucks by 0.8% during the fourth quarter. Arizona State Retirement System now owns 327,459 shares of the coffee company’s stock worth $29,881,000 after buying an additional 2,722 shares in the last quarter. West Michigan Advisors LLC bought a new stake in shares of Starbucks in the fourth quarter worth $265,000. Wernau Asset Management Inc. bought a new position in Starbucks during the 4th quarter valued at $258,000. Finally, OFI Invest Asset Management bought a new position in Starbucks during the 4th quarter valued at $9,497,000. 72.29% of the stock is owned by institutional investors and hedge funds.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.

Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

About Starbucks

(Get Free Report)

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.

Further Reading

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