Shake Shack Inc’s recent filing unveils that 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 $2.71 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 $2.76 million.
Wells Fargo initiated its Shake Shack Inc [SHAK] rating to an Equal weight in a research note published on March 26, 2025; the price target was $95. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Barclays also remained covering SHAK and has increased its forecast on January 07, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating. Piper Sandler revised its rating on August 19, 2024. It rated SHAK as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of SHAK
On monday, Shake Shack Inc [NYSE:SHAK] saw its stock fall -0.01% to $88.17. Over the last five days, the stock has lost -7.66%. Shake Shack Inc shares have fallen nearly -32.07% since the year began. Nevertheless, the stocks have fallen -15.45% over the past one year. While a 52-week high of $139.89 was reached on 01/07/25, a 52-week low of $77.50 was recorded on 03/13/25. SMA at 50 days reached $104.90, while 200 days put it at $107.99.
Levels Of Support And Resistance For SHAK Stock
The 24-hour chart illustrates a support level at 84.96, which if violated will result in even more drops to 81.75. On the upside, there is a resistance level at 90.29. A further resistance level may holdings at 92.41. The Relative Strength Index (RSI) on the 14-day chart is 38.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.57%. Stochastics %K at 56.22% 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 2025-03-14, growing by 0.27 million shares to a total of 4.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.81 million shares. There was a rise of 6.56%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 29, 2024 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $95 price target.
