Shake Shack Inc’s recently made public 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 $2.41 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 $2.46 million.
Loop Capital upgraded its Shake Shack Inc [SHAK] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late March with a ‘”an Equal weight”‘ rating. Gordon Haskett also remained covering SHAK and has increased its forecast on January 08, 2025 with a “Buy” recommendation from previously “Hold” rating. Barclays revised its rating on January 07, 2025. It rated SHAK as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of SHAK
On Monday, Shake Shack Inc [NYSE:SHAK] saw its stock jump 0.04% to $78.59. Over the last five days, the stock has lost -10.87%. Shake Shack Inc shares have fallen nearly -39.45% since the year began. Nevertheless, the stocks have fallen -21.67% over the past one year. While a 52-week high of $139.89 was reached on 01/07/25, a 52-week low of $74.00 was recorded on 04/07/25. SMA at 50 days reached $101.52, while 200 days put it at $107.83.
Levels Of Support And Resistance For SHAK Stock
The 24-hour chart illustrates a support level at 73.41, which if violated will result in even more drops to 68.22. On the upside, there is a resistance level at 83.30. A further resistance level may holdings at 88.00. The Relative Strength Index (RSI) on the 14-day chart is 33.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.78%. Stochastics %K at 17.99% indicates the stock is a buying.
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.
