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Shake Shack Inc (SHAK) rating reiterates by Oppenheimer

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 $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 $2.77 million.

Oppenheimer reiterated its Shake Shack Inc [SHAK] rating to an Outperform in a research note published on April 09, 2025; the price target was $125. A number of analysts have revised their coverage, including Loop Capital’s analysts, who increased its forecast for the stock in early April from “a Hold” to “a Buy”. Wells Fargo began covering SHAK with “an Equal weight” recommendation on March 26, 2025. Gordon Haskett revised its rating on January 08, 2025. It rated SHAK as “a Buy” which previously was an “a Hold”.

Price Performance Review of SHAK

On Tuesday, Shake Shack Inc [NYSE:SHAK] saw its stock fall -1.57% to $88.26. Over the last five days, the stock has gained 3.46%. Shake Shack Inc shares have fallen nearly -32.00% since the year began. Nevertheless, the stocks have fallen -12.94% over the past one year. While a 52-week high of $139.89 was reached on 01/07/25, a 52-week low of $72.93 was recorded on 04/07/25. SMA at 50 days reached $92.63, while 200 days put it at $107.66.

Levels Of Support And Resistance For SHAK Stock

The 24-hour chart illustrates a support level at 86.42, which if violated will result in even more drops to 84.58. On the upside, there is a resistance level at 89.78. A further resistance level may holdings at 91.30. The Relative Strength Index (RSI) on the 14-day chart is 50.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.21%. Stochastics %K at 85.47% indicates the stock is a selling.

How much short interest is there in Shake Shack Inc?

A steep rise in short interest was recorded in Shake Shack Inc stocks on 2025-04-15, dropping by 18631.0 shares to a total of 4.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.08 million shares. There was a decline of -0.46%, which implies that there is a negative sentiment for the stock.

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