In a filing, Shake Shack Inc revealed its Chief Financial Officer Fogertey Katherine Irene unloaded Company’s shares for reported $88284.0 on Dec 11 ’24. In the deal valued at $137.51 per share,642 shares were sold. As a result of this transaction, Fogertey Katherine Irene now holds 30,717 shares worth roughly $4.07 million.
Then, Fogertey Katherine Irene sold 642 shares, generating $86,986 in total proceeds. Upon selling the shares at $135.49, the Chief Financial Officer now owns 30,075 shares.
Before that, Fogertey Katherine Irene sold 642 shares. Shake Shack Inc shares valued at $85,541 were divested by the Chief Financial Officer at a price of $133.24 per share. As a result of the transaction, Fogertey Katherine Irene now holds 31,359 shares, worth roughly $4.16 million.
Piper Sandler downgraded its Shake Shack Inc [SHAK] rating to a Neutral from a an Overweight in a research note published on August 19, 2024; the price target was decreased to $114 from $121. A number of analysts have revised their coverage, including CapitalOne’s analysts, who began to cover the stock in late July with a ‘”an Overweight”‘ rating. Goldman began covering SHAK with “Buy” recommendation on June 13, 2024. Oppenheimer maintained its rating on March 22, 2024. It rated SHAK as “an Outperform”.
Price Performance Review of SHAK
On Friday, Shake Shack Inc [NYSE:SHAK] saw its stock jump 0.08% to $132.55. Over the last five days, the stock has gained 2.25%. Shake Shack Inc shares have risen nearly 78.83% since the year began. Nevertheless, the stocks have risen 74.55% over the past one year. While a 52-week high of $139.89 was reached on 12/06/24, a 52-week low of $64.16 was recorded on 01/17/24. SMA at 50 days reached $125.81, while 200 days put it at $105.26.
Levels Of Support And Resistance For SHAK Stock
The 24-hour chart illustrates a support level at 130.88, which if violated will result in even more drops to 129.21. On the upside, there is a resistance level at 133.67. A further resistance level may holdings at 134.79. The Relative Strength Index (RSI) on the 14-day chart is 55.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.89%. Stochastics %K at 50.76% indicates the stock is a holding.
How much short interest is there in Shake Shack Inc?
A steep rise in short interest was recorded in Shake Shack Inc stocks on 2024-12-13, growing by 0.28 million shares to a total of 4.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.84 million shares. There was a rise of 6.89%, which implies that there is a positive sentiment for the stock.
