The group pres, Int’l & Channel of Starbucks Corp (NASDAQ: SBUX) is Selling Shares

By Carrie Williams

Today, the group pres, Int’l & Channel of Starbucks Corp (SBUXResearch Report), John Culver, sold shares of SBUX for $1.79M.

Following John Culver’s last SBUX Sell transaction on February 08, 2019, the stock climbed by 9.5%.

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Based on Starbucks Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $6.3 billion and quarterly net profit of $663 million. In comparison, last year the company earned revenue of $6.03 billion and had a net profit of $660 million. SBUX’s market cap is $95.47B and the company has a P/E ratio of 34.16. Currently, Starbucks Corp has an average volume of 7.38M.

Based on 19 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $77.65, reflecting a -1.6% downside.

John Culver’s trades have generated a -17.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: Americas; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA); and Channel Development.