Rep. Dan Newhouse Sells Starbucks Corporation (NASDAQ:SBUX) Shares

Representative Dan Newhouse (R-Washington) recently sold shares of Starbucks Corporation (NASDAQ:SBUX). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.

Starbucks Stock Performance

Shares of NASDAQ SBUX traded down $0.29 during midday trading on Monday, reaching $92.99. 8,907,966 shares of the company traded hands, compared to its average volume of 7,322,084. The firm has a market cap of $105.74 billion, a PE ratio of 56.70, a PEG ratio of 1.96 and a beta of 0.97. The stock’s 50-day simple moving average is $86.06 and its 200-day simple moving average is $87.03. Starbucks Corporation has a 12 month low of $75.50 and a 12 month high of $117.46.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, October 29th. The coffee company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.03). Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.The firm had revenue of $9.57 billion for the quarter, compared to the consensus estimate of $9.41 billion. During the same period in the prior year, the company posted $0.80 earnings per share. Starbucks’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities research analysts expect that Starbucks Corporation will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.48 annualized dividend and a yield of 2.7%. Starbucks’s payout ratio is currently 151.22%.

Hedge Funds Weigh In On Starbucks

Hedge funds have recently made changes to their positions in the business. Game Plan Financial Advisors LLC acquired a new stake in Starbucks in the 2nd quarter valued at about $25,000. Transce3nd LLC raised its stake in Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares during the period. Chelsea Counsel Co. acquired a new stake in shares of Starbucks in the second quarter valued at approximately $26,000. Collier Financial bought a new position in shares of Starbucks during the 3rd quarter worth approximately $25,000. Finally, Y.D. More Investments Ltd bought a new position in shares of Starbucks during the 3rd quarter worth approximately $26,000. 72.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Jorgen Vig Knudstorp bought 11,700 shares of Starbucks stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average price of $85.00 per share, with a total value of $994,500.00. Following the acquisition, the director owned 53,096 shares of the company’s stock, valued at approximately $4,513,160. This represents a 28.26% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a report on Monday, December 29th. Morgan Stanley set a $105.00 price target on Starbucks and gave the company an “overweight” rating in a report on Monday, October 20th. BTIG Research reissued a “buy” rating and set a $105.00 price target on shares of Starbucks in a research note on Thursday, October 30th. Mizuho set a $86.00 price objective on shares of Starbucks and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, Dbs Bank lowered Starbucks from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $102.56.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.