Chefs’ Warehouse Inc’s filing revealed that its General Counsel Aldous Alexandros unloaded Company’s shares for reported $0.42 million on Jul 08 ’24. In the deal valued at $42.50 per share,10,000 shares were sold. As a result of this transaction, Aldous Alexandros now holds 119,342 shares worth roughly $4.92 million.
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Then, Aldous Alexandros sold 7,809 shares, generating $312,360 in total proceeds. Upon selling the shares at $40.00, the General Counsel now owns 129,342 shares.
Before that, Aldous Alexandros sold 2,191 shares. Chefs’ Warehouse Inc shares valued at $87,640 were divested by the General Counsel at a price of $40.00 per share. As a result of the transaction, Aldous Alexandros now holds 136,477 shares, worth roughly $5.63 million.
UBS initiated its Chefs’ Warehouse Inc [CHEF] rating to a Buy in a research note published on September 25, 2023; the price target was $37. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late December from “a Hold” to “a Buy”. The Benchmark Company began covering CHEF with “Buy” recommendation on December 17, 2021. Wolfe Research started covering the stock on September 30, 2021. It rated CHEF as “an Outperform”.
Price Performance Review of CHEF
On Tuesday, Chefs’ Warehouse Inc [NASDAQ:CHEF] saw its stock jump 0.51% to $41.23. Over the last five days, the stock has lost -3.69%. Chefs’ Warehouse Inc shares have risen nearly 40.10% since the year began. Nevertheless, the stocks have risen 14.69% over the past one year. While a 52-week high of $44.58 was reached on 07/29/24, a 52-week low of $17.29 was recorded on 01/16/24. SMA at 50 days reached $39.85, while 200 days put it at $33.25. A total of 0.7 million shares were traded, compared to the trading of 0.97 million shares in the previous session.
Levels Of Support And Resistance For CHEF Stock
The 24-hour chart illustrates a support level at 39.96, which if violated will result in even more drops to 38.70. On the upside, there is a resistance level at 42.28. A further resistance level may holdings at 43.34. The Relative Strength Index (RSI) on the 14-day chart is 51.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.27%. Stochastics%K at 53.86% indicates the stock is a holding.
The most recent change occurred on April 05, 2021 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $38 price target.
