Starbucks EVP Sells $242,800 in Shares

Insider transaction raises questions about company's near-term outlook

Published on Mar. 10, 2026

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Starbucks Corporation (NASDAQ:SBUX) Executive Vice President Sara Kelly sold 2,500 shares of the company's stock on March 5th at an average price of $97.12, for a total transaction of $242,800. The sale represented a 4.03% reduction in Kelly's ownership stake in the company.

Why it matters

Insider selling can sometimes signal concerns about a company's future performance or valuation. This transaction by a high-level Starbucks executive comes as the company faces a mixed outlook, with recent earnings misses, analyst downgrades, and questions about brand and competitive risks, despite long-term growth potential.

The details

Kelly's sale of 2,500 shares reduced her total ownership to 59,609 shares. Starbucks reported Q1 2026 earnings of $0.56 per share, missing the $0.59 consensus estimate. The company also provided FY 2026 EPS guidance of $2.15 to $2.40. Starbucks stock currently trades at a P/E ratio of around 82.45, with a 52-week range of $75.50 to $106.00.

  • The share sale occurred on Thursday, March 5, 2026.

The players

Sara Kelly

Executive Vice President at Starbucks Corporation.

Starbucks Corporation

A global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This insider sale by a Starbucks executive comes amid a mixed outlook for the company, with recent earnings misses, analyst downgrades, and questions about brand and competitive risks, despite the company's long-term growth potential.