Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Chefs’ Warehouse Inc shares valued at $5,419,177 were sold by Pappas John on Mar 10 ’25. At $54.19 per share, Pappas John sold 100,000 shares. The insider’s holdings dropped to 754,930 shares worth approximately $40.53 million following the completion of this transaction.
Also, Leddy James sold 4,000 shares, netting a total of over 248,000 in proceeds. Following the sale of shares at $62.00 each, the insider now holds 147,892 shares.
Before that, Pappas John had added 100,000 shares to its account. In a trade valued at $5,907,000, the Officer bought Chefs’ Warehouse Inc shares for $59.07 each.
As published in their initiating research note from UBS on September 25, 2023, Chefs’ Warehouse Inc [CHEF] has been a Buy and the price target has been revised to $37. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late December. As of December 17, 2021, The Benchmark Company has initiated its “Buy” rating for CHEF. Earlier on September 30, 2021, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for CHEF stock.
Analyzing CHEF Stock Performance
During the last five days, there has been a surge of approximately 3.07%. Over the course of the year, Chefs’ Warehouse Inc shares have jumped approximately 8.86%. Shares of the company reached a 52-week high of $66.51 on 02/18/25 and a 52-week low of $48.41 on 01/13/25. A 50-day SMA is recorded $56.71, while a 200-day SMA reached $45.76.
Support And Resistance Levels for Chefs’ Warehouse Inc (CHEF)
According to the 24-hour chart, there is a support level at 52.34, which, if violated, would cause prices to drop to 50.98. In the upper region, resistance lies at 54.77. The next price resistance is at 55.84. RSI (Relative Strength Index) is 43.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.62, which suggests the price will decrease in the coming days. Percent R is at 42.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
