Large Inflow of Money Detected in Starbucks Corporation

Starbucks Corporation (SBUX) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $52.54 million worth of transactions were on upticks, whereas, the downticks accounted for $44.31 million worth of transactions. The net money flow was a positive $8.23 million and the uptick to downtick ratio was 1.19. The net money flow into the stock was $6.68 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $6.68 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Starbucks Corporation (SBUX) was trading at $55.25, down $0.22 during day. The stock slid -0.4% over the previous days close. For the week, the stock recorded -1.16% over the previous weeks close.


Starbucks Corporation has lost 0.2% in the last five trading days and dropped 3.43% in the last 4 weeks. Starbucks Corporation has dropped 0.16% during the last 3-month period . Year-to-Date the stock performance stands at -7.02%.

Starbucks Corporation (NASDAQ:SBUX): The stock opened at $55.65 on Monday but the bulls could not build on the opening and the stock topped out at $55.70 for the day. The stock traded down to $55.18 during the day, due to lack of any buying support eventually closed down at $55.25 with a loss of -0.40% for the day. The stock had closed at $55.47 on the previous day. The total traded volume was 5,968,728 shares.

In a related news, The Securities and Exchange Commission has divulged that Ullman Myron E Iii, director of Starbucks Corp, had unloaded 12,654 shares at an average price of $58.7 in a transaction dated on July 26, 2016. The total value of the transaction was worth $742,790.

Starbucks Corporation is the roaster, marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells, along with coffee, tea and other beverages, and a range of fresh food items, through Company-operated stores. It also sells a range of coffee and tea products and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts. It operates through four segment: Americas, which includes the United States, Canada, and Latin America; Europe, Middle East, and Africa (EMEA); China/Asia Pacific (CAP), and Channel Development. In addition to its Starbucks Coffee brand, it also sells goods and services under the brands, including Teavana, Tazo, Seattles Best Coffee, Evolution Fresh, La Boulange and Ethos. Its Americas, EMEA, and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts, primarily in Canada and the United Kingdom.

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