$460,000 of STARBUCKS CORPORATION lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Issues pertaining to the companys supply chain, emergency preparedness, natural disasters, etc. - no specific legislation. Issues pertaining to company programs related to workforce employment, benefits and training. Issues pertaining to the companys reinvention plans, initiatives and programs pertaining to workforce, sourcing, sustainability, civic engagement, education, veterans, economic development, entrepreneurship, safe and welcoming stores, and community resilience. Issues pertaining to the companys reinvention plans, initiatives and programs pertaining to workforce, sourcing, sustainability, civic engagement, education, veterans, economic development, entrepreneurship, safe and welcoming stores, and community resilience. Issues pertaining to the companys reinvention plans, initiatives and programs pertaining to workforce, sourcing, sustainability, civic engagement, education, veterans, economic development, entrepreneurship, safe and welcoming stores, and community resilience. Issues pertaining to expiration of 2017 Tax Cuts and Jobs Act"
You can find more data on corporate lobbying on Quiver Quantitative.
SBUX Congressional Stock Trading
Members of Congress have traded $SBUX stock 11 times in the past 6 months. Of those trades, 3 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $SBUX stock by members of Congress over the last 6 months:
- SENATOR SHELDON WHITEHOUSE has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 10/29.
- SENATOR MARKWAYNE MULLIN sold up to $50,000 on 08/20.
- REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 08/14.
- REPRESENTATIVE C. SCOTT FRANKLIN has traded it 6 times. They made 2 purchases worth up to $65,000 on 08/07, 08/02 and 4 sales worth up to $295,000 on 08/14.
- REPRESENTATIVE KATHY E. MANNING sold up to $15,000 on 08/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
SBUX Insider Trading Activity
SBUX insiders have traded $SBUX stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $SBUX stock by insiders over the last 6 months:
- SARA KELLY (evp, chief partner officer) sold 19,102 shares for an estimated $1,936,369
- RACHEL RUGGERI (evp, cfo) has made 0 purchases and 3 sales selling 6,233 shares for an estimated $592,180.
- MICHAEL AARON CONWAY (ceo, North America) sold 3,250 shares for an estimated $305,597
- JORGEN VIG KNUDSTORP purchased 380 shares for an estimated $34,770
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
SBUX Hedge Fund Activity
We have seen 955 institutional investors add shares of SBUX stock to their portfolio, and 1,256 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 41,331,058 shares (+935.4%) to their portfolio in Q3 2024, for an estimated $4,029,364,844
- BARCLAYS PLC removed 16,547,395 shares (-69.9%) from their portfolio in Q3 2024, for an estimated $1,613,205,538
- PRICE T ROWE ASSOCIATES INC /MD/ added 11,906,323 shares (+190.2%) to their portfolio in Q3 2024, for an estimated $1,160,747,429
- JPMORGAN CHASE & CO added 7,976,985 shares (+76.4%) to their portfolio in Q3 2024, for an estimated $777,676,267
- WELLINGTON MANAGEMENT GROUP LLP added 7,598,146 shares (+100.6%) to their portfolio in Q3 2024, for an estimated $740,743,253
- FMR LLC added 7,015,375 shares (+55.0%) to their portfolio in Q3 2024, for an estimated $683,928,908
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 4,757,152 shares (+6381.2%) to their portfolio in Q3 2024, for an estimated $463,774,748
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
