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Chefs’ Warehouse Inc (CHEF) Becoming More Attractive for Investors

Chefs’ Warehouse Inc’s recently made public that its Officer Cugine Joseph M. acquired Company’s shares for reported $1.25 million on Feb 28 ’25. In the deal valued at $62.58 per share,20,000 shares were bought.

Then, Alexandros Aldous bought 30,000 shares, generating $1,900,000 in total proceeds.

Before that, Leddy James sold 4,000 shares. Chefs’ Warehouse Inc shares valued at $195,400 were divested by the Chief Financial Officer at a price of $48.85 per share. As a result of the transaction, Leddy James now holds 145,589 shares, worth roughly $9.03 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 Monday, Chefs’ Warehouse Inc [NASDAQ:CHEF] saw its stock fall -0.85% to $62.05. Over the last five days, the stock has lost -2.88%. Chefs’ Warehouse Inc shares have risen nearly 25.81% since the year began. Nevertheless, the stocks have risen 66.13% over the past one year. While a 52-week high of $66.51 was reached on 02/18/25, a 52-week low of $31.96 was recorded on 01/13/25. SMA at 50 days reached $54.86, while 200 days put it at $44.35.

Levels Of Support And Resistance For CHEF Stock

The 24-hour chart illustrates a support level at 61.13, which if violated will result in even more drops to 60.21. On the upside, there is a resistance level at 63.30. A further resistance level may holdings at 64.56. The Relative Strength Index (RSI) on the 14-day chart is 60.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.31%. Stochastics %K at 66.77% 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.

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