Large Outflow of Money Witnessed in Starbucks Corporation

Starbucks Corporation (NASDAQ:SBUX) traded higher in the last at $55.04, gaining 0.18 points or 0.32%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-3.28) million. The composite uptick value of $62.85 million was eclipsed by the accrued downtick value of $66.13 million, thereby ensuring the up/down ratio of 0.95. For the week, the shares have posted returns of 0.79%.A block trade registered during the day has revealed $7.9 million in upticks and $10.46 million in downticks. The up/down ratio in this case turned out to be 0.75. The net money flow for the block trade was $(-2.57) million.


Currently the company Insiders own 3.38% of Starbucks Corporation shares according to the proxy statements. Institutional Investors own 71.26% of Starbucks Corporation shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Bradley William W, director of Starbucks Corp, had unloaded 12,654 shares at an average price of $55.34 in a transaction dated on May 27, 2016. The total value of the transaction was worth $700,272.

Starbucks Corporation (NASDAQ:SBUX) : On Monday heightened volatility was witnessed in Starbucks Corporation (NASDAQ:SBUX) which led to swings in the share price. The stock opened for trading at $54.79 and hit $55.6 on the upside , eventually ending the session at $55.04, with a gain of 0.32% or 0.175 points. The heightened volatility saw the trading volume jump to 7,928,722 shares. The 52-week high of the share price is $64 and the company has a market cap of $80,628 million. The 52-week low of the share price is at $42.05 .

Many analysts have stated their opinion on the company shares. Equity Analysts at the Goldman Sachs maintains the rating on Starbucks Corporation (NASDAQ:SBUX). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $69 per share to $72 per share. The rating by the firm was issued on May 4, 2016.

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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