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Tim McCauley, Chief Accounting Officer of Chefs’ Warehouse, Inc. (NASDAQ:CHEF), sold 17,500 shares of common stock on July 14, 2025, for approximately $1.13 million. The sale comes as the company’s stock has shown remarkable strength, with a 57% return over the past year and a market capitalization of $2.6 billion. According to InvestingPro data, the company maintains a "GREAT" financial health score. The sales were executed in two transactions at prices ranging from $65.01 to $65.21 per share.
The first transaction involved the sale of 12,500 shares.
The second transaction involved the sale of 5,000 shares.
The sales were executed pursuant to a 10b5-1 plan put in place by McCauley on March 13, 2025. Following the transactions, McCauley directly owns 52,050 shares of Chefs’ Warehouse, Inc. common stock. This number includes shares of the Issuer’s common stock purchased pursuant to The Chefs’ Warehouse, Inc. Employee Stock Purchase Plan. For deeper insights into insider trading patterns and comprehensive analysis, access the full CHEF Research Report on InvestingPro, which covers over 1,400 US stocks with expert analysis and actionable intelligence.
In other recent news, The Chefs’ Warehouse, Inc. reported robust first-quarter 2025 financial results, exceeding Wall Street expectations. The company posted an earnings per share of $0.25, surpassing the forecasted $0.20, and achieved revenue of $950.7 million, beating the forecast of $927.34 million. These results reflected an 8.7% year-over-year increase in net sales, driven by a 10.7% rise in specialty sales. Additionally, BMO Capital Markets maintained its Outperform rating for The Chefs’ Warehouse, with a price target of $73.00, citing the company’s strong focus on servicing top independent restaurants.
In other developments, The Chefs’ Warehouse successfully amended its senior secured term loan credit agreement, reducing the interest rate on its term loan B facility. This financial maneuver is anticipated to lower interest expenses for the company. Meanwhile, the board of directors decided to retain Richard N. Peretz as a director, despite a greater number of votes against his reelection, following a recommendation from the Nominating and Governance Committee. The board’s decision was influenced by Peretz’s qualifications and contributions, as well as a report from ISS Proxy Advisory Services.
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