Cheesecake Factory Inc’s recent filing unveils that its EVP, GENERAL COUNSEL May Scarlett unloaded Company’s shares for reported $1.11 million on Jun 09 ’25. In the deal valued at $58.82 per share,18,800 shares were sold. As a result of this transaction, May Scarlett now holds 22,872 shares worth roughly $1.37 million.
Then, May Scarlett bought 18,800 shares, generating $1,105,845 in total proceeds.
Before that, May Scarlett sold 20,800 shares. Cheesecake Factory Inc shares valued at $1,165,121 were divested by the EVP, GENERAL COUNSEL at a price of $56.02 per share. As a result of the transaction, May Scarlett now holds 22,872 shares, worth roughly $1.37 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 Monday, Cheesecake Factory Inc [NASDAQ:CAKE] saw its stock jump 0.20%% to $60.11. Over the last five days, the stock has gained 5.42%. Cheesecake Factory Inc shares have risen nearly 51.95% since the year began. Nevertheless, the stocks have risen 26.71% over the past one year. While a 52-week high of $60.22 was reached on 06/23/25, a 52-week low of $33.50 was recorded on 04/07/25.
Levels Of Support And Resistance For CAKE Stock
The 24-hour chart illustrates a support level at 58.08, which if violated will result in even more drops to 56.04. On the upside, there is a resistance level at 61.19. A further resistance level may holdings at 62.26.
How much short interest is there in Cheesecake Factory Inc?
A steep rise in short interest was recorded in Cheesecake Factory Inc stocks on 2025-05-30, growing by 0.24 million shares to a total of 8.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 8.25 million shares. There was a rise of 2.84%, which implies that there is a positive sentiment for the stock.
