I just checked to see what the insiders and institutions think.
Institutions sold net(11,861,400) shares
Insiders sold net-18.5 % of holdings. Net (4,293,060) shares.
This is really negative, the insiders don’t believe SBUX is a good investment.
They have decided to take their money now and run.
IMO, it might be wise to do the same, and get back in when the dust settles.
rookie analysis - insiders always sell, they get options as part of their comp (in many cases it's the majority of their comp) and they exercise and sell every year, year after year
schultz alone is sitting on about a BILLION DOLLARS worth of sbux shares - tell me he's taking the money and running?