Shares of Starbucks Corporation (SBUX) Sees Large Inflow of Net Money Flow

Starbucks Corporation (SBUX) : The money flow analysis of Starbucks Corporation (SBUX) indicates a $90.99 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $96.33 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.06 and so was the total money flow at $5.34 million. A solid up-down ratio of 1.72 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $24.82 million worth of block trades on upticks. Only $14.41 million worth of the stock exchanged hands on downticks. The money flow was $10.41 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Starbucks Corporation (SBUX), pushing it down by -0.34% for the day. The stock slid $0.19 and traded at $56.32 during the day. Nonetheless, the stock is -1.18% over the previous weeks close.


The company Insiders own 3.38% of Starbucks Corporation shares according to the proxy statements. Institutional Investors own 70.88% of Starbucks Corporation shares. In an insider trading activity, Ullman Myron E Iii, director of Starbucks Corp, unloaded 20,000 shares at an average price of $55.46 on June 9, 2016. The total amount of the transaction was worth $1,109,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Starbucks Corporation rose by 1.25% in the last five trading days and 4.76% for the last 4 weeks. Starbucks Corporation has dropped 3.06% during the last 3-month period . Year-to-Date the stock performance stands at -3.6%.

Starbucks Corporation (NASDAQ:SBUX): stock turned positive on Tuesday. Though the stock opened at $56.65, the bulls momentum made the stock top out at $57.6 level for the day. The stock recorded a low of $56.505 and closed the trading day at $57.48, in the green by 2.06%. The total traded volume for the day was 10,998,486. The stock had closed at $56.32 in the previous days trading.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.