Large Outflow of Money Witnessed in Starbucks Corporation

Starbucks Corporation (SBUX) : The total money flow in Starbucks Corporation (SBUX) was negative ($1.15 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $7.5 million. Transactions on upticks were comparatively lower at $6.35 million. The uptick to downtick ratio was 0.85. The total block trades done on upticks were valued at $5.07 million. The total block trades on downticks were valued at $5.38 million. The uptick to the downtick ratio of block trades was 0.94. The money flow during block trades was negative ($0.3 million) when the stock traded with a gain of $17 cent. Starbucks Corporation (SBUX) was $56.48, an increase of 0.3% over the previous days close.


The company Insiders own 3.38% of Starbucks Corporation shares according to the proxy statements. Institutional Investors own 68.5% of Starbucks Corporation 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 (NASDAQ:SBUX): stock was range-bound between the intraday low of $55.985 and the intraday high of $56.65 after having opened at $56.52 on Fridays session. The stock finally closed in the red at $56.52, a loss of -0.23%. The stock remained in the red for the whole trading day. The total traded volume was 7,441,463 shares. The stock failed to cross $56.65 in Fridays trading. The stocks closing price on Thursday was $56.31.

Starbucks Corporation (SBUX) has risen sharply, recording gains of 0.5% in the past 4 weeks. However, the stock has corrected -1.94% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.63% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

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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