Daytona Street Capital LLC Acquires Shares of 22,715 Starbucks Corporation $SBUX

Daytona Street Capital LLC acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,715 shares of the coffee company’s stock, valued at approximately $1,913,000. Starbucks accounts for approximately 1.3% of Daytona Street Capital LLC’s investment portfolio, making the stock its 24th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Transce3nd LLC lifted its position in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after acquiring an additional 200 shares in the last quarter. Collier Financial purchased a new stake in shares of Starbucks during the third quarter worth $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Starbucks during the third quarter worth $26,000. JPL Wealth Management LLC purchased a new stake in shares of Starbucks during the third quarter worth $27,000. Finally, Kelleher Financial Advisors purchased a new stake in shares of Starbucks during the third quarter worth $27,000. 72.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SBUX has been the topic of several recent research reports. William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. TD Cowen restated a “hold” rating and set a $89.00 target price (up from $84.00) on shares of Starbucks in a research report on Friday, January 30th. Citizens Jmp started coverage on Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 price objective on the stock. Zacks Research upgraded Starbucks from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Finally, Mizuho increased their price objective on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research report on Monday, January 26th. Fifteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Starbucks has an average rating of “Hold” and a consensus target price of $103.07.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks formalized a joint venture with Boyu Capital in China and is shifting to a licensed model to scale faster toward a 20,000-store opportunity — a move that reduces capital intensity and leverages local partners to accelerate growth in the world’s largest coffee market. Starbucks & Boyu JV in China: A Strategic Bet to Accelerate Growth?
• Positive Sentiment: Management cut menu complexity by ~25% to improve speed of service, simplify operations and protect margins — a tactical step that supports the “Back to Starbucks” turnaround by improving throughput and customer experience. Starbucks Cuts Menu Complexity by 25%: Smart Simplification Move?
• Positive Sentiment: New U.S. partner compensation changes — an incentive rewards program tied to store performance, expanded tipping options, and a shift to weekly pay — are being viewed as retention and service-quality levers that could stabilize traffic and margins over time. Investors are treating this as a near-term operational catalyst. Starbucks rises as investors weigh new U.S. barista incentive plan and pay changes
• Positive Sentiment: Product innovation — new lower‑sugar “Energy Refreshers” and other beverage updates — is generating buzz and may help traffic/market positioning with health-conscious consumers. “Caffeine From Nature”: Starbucks Stock (NASDAQ:SBUX) Blasts Up on Energy Refreshers
• Neutral Sentiment: Wall Street remains generally favorable — multiple recent buy/overweight ratings and a median price target near $103 provide analyst support, but targets vary considerably. Analyst ratings and price targets summary
• Neutral Sentiment: Insider and institutional flows are mixed — some large institutional reductions were reported alongside other sizable buys, leaving ownership dynamics unclear as a near-term directional signal. Hedge fund & insider activity
• Negative Sentiment: Fundamental headwinds remain: the last quarterly report showed an EPS miss and thin net margins, and the stock trades at a high P/E, which raises sensitivity to execution and margin pulses as Starbucks scales new initiatives. (See company filings and recent earnings commentary for details.)

Starbucks Stock Performance

Shares of SBUX stock opened at $94.78 on Tuesday. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82. The company has a market capitalization of $107.98 billion, a PE ratio of 78.33, a price-to-earnings-growth ratio of 2.01 and a beta of 0.95. The business’s fifty day moving average is $95.37 and its 200 day moving average is $89.11.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter last year, the business posted $0.69 EPS. The company’s quarterly revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, sell-side analysts forecast that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 1,641 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $159,373.92. Following the transaction, the chief executive officer owned 86,605 shares of the company’s stock, valued at $8,411,077.60. This represents a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sara Kelly sold 2,500 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the transaction, the executive vice president directly owned 59,609 shares in the company, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 4,729 shares of company stock worth $460,974. 0.03% of the stock is owned by insiders.

About Starbucks

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.