Stephanie Ann Sentell Sells 200 Shares of Shake Shack (NYSE:SHAK) Stock

Shake Shack, Inc. (NYSE:SHAK) insider Stephanie Ann Sentell sold 200 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $85.78, for a total transaction of $17,156.00. Following the completion of the sale, the insider owned 9,707 shares of the company’s stock, valued at approximately $832,666.46. This represents a 2.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Stephanie Ann Sentell also recently made the following trade(s):

• On Tuesday, November 25th, Stephanie Ann Sentell sold 1,100 shares of Shake Shack stock. The stock was sold at an average price of $85.14, for a total value of $93,654.00.

Shake Shack Stock Up 1.6%

Shares of Shake Shack stock opened at $84.86 on Wednesday. The company has a market capitalization of $3.62 billion, a P/E ratio of 83.19, a price-to-earnings-growth ratio of 2.18 and a beta of 1.67. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.84 and a quick ratio of 1.81. The business has a 50-day moving average of $87.86 and a two-hundred day moving average of $105.72. Shake Shack, Inc. has a 1 year low of $72.93 and a 1 year high of $144.65.

Shake Shack (NYSE:SHAK) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.05. Shake Shack had a return on equity of 10.43% and a net margin of 3.10%.The business had revenue of $367.41 million for the quarter, compared to analysts’ expectations of $363.69 million. During the same quarter in the previous year, the business posted $0.25 EPS. Shake Shack’s revenue for the quarter was up 15.9% on a year-over-year basis. As a group, equities analysts predict that Shake Shack, Inc. will post 1.26 EPS for the current year.

Institutional Trading of Shake Shack

Institutional investors and hedge funds have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. bought a new stake in Shake Shack during the second quarter worth $222,000. Fisher Asset Management LLC grew its position in shares of Shake Shack by 30.4% in the 2nd quarter. Fisher Asset Management LLC now owns 514,770 shares of the company’s stock valued at $72,377,000 after acquiring an additional 120,030 shares during the period. Cooper Investors PTY Ltd. increased its stake in shares of Shake Shack by 17,729.9% during the 2nd quarter. Cooper Investors PTY Ltd. now owns 89,506 shares of the company’s stock worth $12,585,000 after purchasing an additional 89,004 shares during the last quarter. Waratah Capital Advisors Ltd. bought a new stake in shares of Shake Shack in the 2nd quarter valued at about $1,552,000. Finally, Divisadero Street Capital Management LP bought a new stake in shares of Shake Shack in the 2nd quarter valued at about $1,578,000. Institutional investors own 86.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on SHAK shares. Barclays dropped their price objective on shares of Shake Shack from $160.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. The Goldman Sachs Group dropped their price target on Shake Shack from $160.00 to $137.00 and set a “buy” rating on the stock in a research note on Tuesday, September 30th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Shake Shack in a research report on Tuesday, November 25th. Piper Sandler decreased their price objective on Shake Shack from $126.00 to $102.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Finally, Robert W. Baird cut their target price on Shake Shack from $127.00 to $104.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Shake Shack presently has an average rating of “Hold” and a consensus price target of $119.10.

About Shake Shack

Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.