Shake Shack, Inc. (NYSE:SHAK) SVP Peggy Rubenzer sold 5,000 shares of Shake Shack stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $46.37, for a total value of $231,850.00. Following the completion of the transaction, the senior vice president now directly owns 22,415 shares in the company, valued at $1,039,383.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Peggy Rubenzer also recently made the following trade(s):

  • On Tuesday, November 14th, Peggy Rubenzer sold 5,400 shares of Shake Shack stock. The stock was sold at an average price of $37.90, for a total value of $204,660.00.

Shares of Shake Shack, Inc. (NYSE SHAK) traded up $0.20 on Tuesday, reaching $46.50. The company’s stock had a trading volume of 691,700 shares, compared to its average volume of 720,690. Shake Shack, Inc. has a 12-month low of $30.12 and a 12-month high of $46.90. The firm has a market capitalization of $1,700.55, a price-to-earnings ratio of 82.68, a PEG ratio of 4.00 and a beta of 1.43.

Shake Shack (NYSE:SHAK) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. Shake Shack had a return on equity of 9.42% and a net margin of 4.78%. The firm had revenue of $94.60 million for the quarter, compared to analyst estimates of $94.17 million. During the same period in the previous year, the firm earned $0.15 earnings per share. The company’s revenue was up 26.8% compared to the same quarter last year. sell-side analysts anticipate that Shake Shack, Inc. will post 0.52 earnings per share for the current fiscal year.

A number of equities analysts recently commented on SHAK shares. BidaskClub raised Shake Shack from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. SunTrust Banks reaffirmed a “buy” rating and issued a $48.00 price objective on shares of Shake Shack in a research note on Thursday, October 12th. Wedbush reaffirmed a “buy” rating on shares of Shake Shack in a research note on Thursday, August 17th. Barclays boosted their price target on Shake Shack from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. Finally, Morgan Stanley boosted their price target on Shake Shack from $32.00 to $34.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $37.33.

A number of institutional investors and hedge funds have recently modified their holdings of SHAK. Neuberger Berman Group LLC increased its holdings in shares of Shake Shack by 8.5% during the third quarter. Neuberger Berman Group LLC now owns 72,800 shares of the company’s stock valued at $2,419,000 after acquiring an additional 5,700 shares in the last quarter. Sylebra HK Co Ltd increased its holdings in shares of Shake Shack by 2.6% during the third quarter. Sylebra HK Co Ltd now owns 1,001,849 shares of the company’s stock valued at $33,291,000 after acquiring an additional 25,546 shares in the last quarter. OxFORD Asset Management LLP bought a new stake in shares of Shake Shack during the third quarter valued at approximately $1,423,000. Commerzbank Aktiengesellschaft FI bought a new stake in shares of Shake Shack during the third quarter valued at approximately $414,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Shake Shack by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 102,486 shares of the company’s stock valued at $3,406,000 after acquiring an additional 1,324 shares in the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

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About Shake Shack

Shake Shack Inc operates roadside burger stands. The Company serves an American menu of burgers, hot dogs, crispy chicken, frozen custard, crinkle cut fries, shakes, beer and wine, among others. The Company’s signature items are its all-natural, hormone and antibiotic-free burgers, hot dogs, crispy chicken, crinkle cut fries, shakes and frozen custard.

Insider Buying and Selling by Quarter for Shake Shack (NYSE:SHAK)

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