Starbucks international CEO sells $155,501 in company stock
Starbucks' international CEO, Brady Brewer, recently sold shares of the company's stock, totaling $155,501 in value. The transaction involved the sale of 1,641 shares of common stock at a price of $94.76 per share. Mr. Brewer adopted this sale under a Rule 10b5-1 trading plan, which he had set up on December 3, 2025. Starbucks currently has a P/E ratio of 53.73, which has led to the stock being classified as overvalued according to InvestingPro analysis. As a result of this sale, Mr. Brewer now directly owns 71,507.502 shares of Starbucks common stock.
The Starbucks international CEO's stock sale comes amidst other recent developments within the company. Starbucks is planning to close around 250 underperforming stores in the U.S. and Canada, which make up approximately 1% of its 18,000 locations in the region. This is part of the company's ongoing strategy to restructure its North American presence.
Furthermore, Starbucks is considering the sale of a majority stake in its Japan operations, which may be valued at approximately $3 billion. TD Cowen has maintained a Buy rating for Starbucks, acknowledging the strategic reasoning behind the potential Japan sale.
Additionally, a federal judge in Pennsylvania recently denied Starbucks' motion to dismiss a lawsuit filed by a union representing thousands of its employees. This allows the case to proceed. Starbucks is also looking to expand its global operations by opening a global capability center in Chennai, India. The center is expected to generate approximately 800 jobs in its initial phase. These recent moves by Starbucks demonstrate the company's strategic adjustments in various markets.
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