Cheesecake Factory Inc’s recently made public that its EVP, GENERAL COUNSEL May Scarlett unloaded Company’s shares for reported $1.17 million on May 29 ’25. In the deal valued at $56.02 per share,20,800 shares were sold. As a result of this transaction, May Scarlett now holds 22,872 shares worth roughly $1.26 million.
Then, May Scarlett bought 20,800 shares, generating $1,165,121 in total proceeds.
Before that, Carango Keith sold 50,500 shares. Cheesecake Factory Inc shares valued at $2,783,378 were divested by the PRESIDENT (SUBSIDIARY) at a price of $55.12 per share. As a result of the transaction, Carango Keith now holds 20,774 shares, worth roughly $1.15 million.
Oppenheimer upgraded its Cheesecake Factory Inc [CAKE] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Stephens also remained covering CAKE and reiterated its “an Overweight” recommendation on May 15, 2024. Citigroup revised its rating on May 10, 2024. It rated CAKE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CAKE
On Friday, Cheesecake Factory Inc [NASDAQ:CAKE] saw its stock fall -0.79% to $55.17. Over the last five days, the stock has gained 5.39%. Cheesecake Factory Inc shares have risen nearly 16.29% since the year began. Nevertheless, the stocks have risen 45.53% over the past one year. While a 52-week high of $57.32 was reached on 02/04/25, a 52-week low of $33.50 was recorded on 04/07/25. SMA at 50 days reached $50.40, while 200 days put it at $47.24.
Levels Of Support And Resistance For CAKE Stock
The 24-hour chart illustrates a support level at 54.46, which if violated will result in even more drops to 53.76. On the upside, there is a resistance level at 55.84. A further resistance level may holdings at 56.52. The Relative Strength Index (RSI) on the 14-day chart is 60.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.69%. Stochastics %K at 77.84% indicates the stock is a holding.
