Starbucks CEO, international Brady Brewer sells $236k in stock

Brady Brewer, ceo, International at Starbucks Corp (NASDAQ:SBUX), sold 2,229 shares of the company’s common stock on August 5, 2026. The shares were sold at a price of $105.99 per share, totaling approximately $236,251.

The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Brewer on December 3, 2025. Following this transaction, Brewer directly holds 75,134.502 shares of Starbucks common stock.The sale comes as Starbucks stock trades near its 52-week high of $109.23, with shares delivering a 26% return year-to-date. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, placing it among the most overvalued stocks in the market. The company maintains a market capitalization of $119.88 billion and trades at a P/E ratio of 60.65. For investors seeking deeper insights, InvestingPro offers access to over 10 additional ProTips for Starbucks, along with comprehensive financial metrics and exclusive Fair Value analysis.

In other recent news, Starbucks reported impressive fiscal third-quarter 2026 results, surpassing Wall Street expectations with adjusted earnings of $0.85 per share on revenue of $9.3 billion. Analysts had anticipated earnings of $0.66 per share on revenue of $9.12 billion. The company also raised its fiscal 2026 guidance across all metrics for the second consecutive quarter. In response to the strong performance, several firms have adjusted their price targets for Starbucks. DA Davidson increased its target to $110, citing the robust earnings and revenue results. Morgan Stanley raised its price target to $115, highlighting the impressive 8% growth in U.S. same-store sales. BMO Capital set a new price target of $130, noting the company’s progress in its turnaround efforts and the favorable impact of tariffs and taxes. Evercore ISI also raised its target to $120, citing an improved margin outlook and strong sales growth estimates for the coming quarters. These developments reflect a positive sentiment among analysts regarding Starbucks’ financial health and future prospects.