Rep. Kevin Hern (R-OK) Sells Starbucks (SBUX) Stock

Oklahoma Congressman Kevin Hern sold between $15,001 and $50,000 worth of Starbucks Corporation (SBUX) shares on September 23, 2026. This trade adds to Hern's recent pattern of selling shares in various companies, including a previous sale of Starbucks shares earlier in September.

Inside Kevin Hern's Trade

Kevin Hern, a Republican member of the House, reported this transaction on October 13, 2026. His recent sales reflect a strategic adjustment in his investment portfolio, which includes notable trades in other companies as well.

Other Institutional Activity in Starbucks

Several institutional investors have made notable changes to their holdings in Starbucks. Capital Research Global Investors increased its stake by 7,297,687 shares, bringing its total to 109,649,535 shares worth about $10.7 billion. Meanwhile, Capital World Investors decreased its position by 11,839,947 shares, ending with 91,475,472 shares valued at approximately $8.9 billion. Blackrock Inc. added 3,659,881 shares, raising its total to 83,222,518 shares worth around $8.1 billion. Vanguard Capital Management grew its stake slightly by 407,135 shares, totaling 74,431,675 shares worth about $7.3 billion. State Street Corporation also increased its holdings by 1,532,075 shares, ending with 49,260,268 shares valued at roughly $4.8 billion.

Starbucks Corporation Stock Up 4.6%

As of October 16, 2026, Starbucks shares traded recently around $96.94. This price is below its 50-day moving average of $100.36 and its 200-day moving average of $99.10. The stock is also currently 12.3% below its 52-week high of $110.51 while remaining 24.3% above its 52-week low of $77.99. Analysts have a mean price target of $110.97 for the stock.

Recent Earnings

Starbucks reported trailing twelve-month revenue of approximately $38.3 billion, with a net margin of 5.2%. The company is scheduled to announce its next earnings on October 29, 2026.

Insider Buying and Selling at Starbucks Corporation

Brady Brewer, an officer at Starbucks, sold 588 shares at an average price of $100.00 on June 11, 2026, totaling $58,800. He also sold 2,229 shares at $104.00 for $231,816 on July 6, 2026, followed by another sale of 2,229 shares at $105.99 for $236,252 on August 5, 2026. Most recently, he sold 2,229 shares at $105.60 for $235,382 on September 4, 2026.

Analysts Set New Price Targets

On July 30, 2026, UBS and Citigroup both maintained a Neutral rating on Starbucks with price targets of $112.00. BNP Paribas rated the stock Underperform with a target of $92.00, while BTIG reiterated a Buy rating with a target of $115.00. The consensus recommendation for Starbucks is a Buy, with a mean target price of $110.97 based on 29 analyst opinions.

About Starbucks Corporation

Starbucks Corporation operates as a global coffee roaster and retailer. It offers a variety of coffee and tea beverages, food items, and packaged products through its stores. The company has a significant presence both in North America and internationally, making it a leader in the coffee shop industry.

Bottom Line

Investors will be watching Starbucks closely as it prepares for its upcoming earnings report on October 29, 2026. With Kevin Hern's recent trades, it will be interesting to see how his portfolio adjustments affect his future disclosures.