Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cheesecake Factory Inc shares valued at $1,105,846 were sold by May Scarlett on Jun 09 ’25. At $58.82 per share, May Scarlett sold 18,800 shares. The insider’s holdings dropped to 22,872 shares worth approximately $1.35 million following the completion of this transaction.
Also, May Scarlett purchased 18,800 shares, netting a total of over 1,105,845 in proceeds.
Before that, May Scarlett had sold 20,800 shares from its account. In a trade valued at $1,165,121, the EVP, GENERAL COUNSEL traded Cheesecake Factory Inc shares for $56.02 each. Upon closing the transaction, the insider’s holdings decreased to 20,800 shares, worth approximately $1.35 million.
As published in a research note from Oppenheimer on January 07, 2025, Cheesecake Factory Inc [CAKE] has been rated up from a Perform to an Outperform and the price target has been revised to $65. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. As of May 15, 2024, Stephens has reiterated its “an Overweight” rating for CAKE. Earlier on May 10, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for CAKE stock which previously was a “a Neutral”.
Analyzing CAKE Stock Performance
On last trading session,, Cheesecake Factory Inc [NASDAQ: CAKE] plunged -0.14% to $58.92. The stock’s lowest price that day was $58.33, but it reached a high of $59.77 in the same session. During the last five days, there has been a surge of approximately 2.27%. Over the course of the year, Cheesecake Factory Inc shares have jumped approximately 24.20%. Shares of the company reached a 52-week high of $60.04 on 06/17/25 and a 52-week low of $42.69 on 04/07/25.
Support And Resistance Levels for Cheesecake Factory Inc (CAKE)
According to the 24-hour chart, there is a support level at 58.24, which, if violated, would cause prices to drop to 57.57. In the upper region, resistance lies at 59.68. The next price resistance is at 60.45. RSI (Relative Strength Index) is 62.74 on the 14-day chart, showing neutral technical sentiment.
Is Cheesecake Factory Inc subject to short interest?
Stocks of Cheesecake Factory Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.24 million shares to 8.5 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 8.25 million shares. A jump of 2.84% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.63 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.63.
Which companies own the most shares of Cheesecake Factory Inc (CAKE)?
In terms of Cheesecake Factory Inc share price expectations, FactSet research, analysts set an average price target of 50 in the next 12 months, down nearly -15.25% from the previous closing price of $59.00. Analysts anticipate Cheesecake Factory Inc stock to reach 60 by 2025, with the lowest price target being 39. In spite of this, 10 analysts ranked Cheesecake Factory Inc stock as Buy at the end of 2025. On May 09, 2024, Raymond James assigned a price target of “an Outperform” to the stock and upgraded coverage with a $42.
