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Katherine Irene Fogertey, Chief Financial Officer of Shake Shack Inc . (NYSE:SHAK), sold a total of 2,693 shares of Class A Common Stock on July 7 and 8, 2025, for approximately $379,624. The sales come as the company’s stock trades near its 52-week high of $142.85, having delivered a remarkable 66% return over the past year. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
The sales occurred in multiple transactions with prices ranging from $140.0253 to $142.0255 per share. Specifically, on July 7, Fogertey sold 692 shares at a weighted average price of $140.3976, 1,243 shares at $141.7171, and 88 shares at $142.0255. On July 8, she sold 670 shares at a weighted average price of $140.0253. For deeper insights into insider trading patterns and comprehensive analysis of SHAK’s valuation metrics, check out the detailed Pro Research Report available on InvestingPro.
These transactions were executed under a Rule 10b5-1 trading plan adopted on March 11, 2025. Following these sales, Fogertey directly owns 32,495 shares of Shake Shack Inc., representing a stake in the company which now carries a market capitalization of approximately $6 billion.
In other recent news, Shake Shack has seen a series of analyst updates and strategic developments. Truist Securities raised its price target for Shake Shack to $160, maintaining a Buy rating, citing expectations of stronger same-store sales growth in the upcoming quarters. Meanwhile, Loop Capital downgraded the stock from Buy to Hold, as the shares exceeded their price target of $127, though they still hold a positive view on the company’s fundamentals. Truist also previously increased its price target to $150, attributing this to easing macroeconomic concerns and noting the company’s slight miss in second-quarter store openings.
BTIG downgraded Shake Shack from Buy to Neutral, expressing concerns about guest frequency despite acknowledging potential for margin expansion. They highlighted the company’s strategic changes, such as increased advertising and menu innovations, but noted the difficulty in isolating the impact of these initiatives. KeyBanc Capital Markets initiated coverage with a Sector Weight rating, recognizing Shake Shack’s growth potential but pointing out challenges in driving traffic growth due to rapid expansion. KeyBanc suggests a cautious approach, given the stock’s recent surge in value. These developments reflect varied analyst perspectives on Shake Shack’s current performance and future potential.
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