Campbell & CO Investment Adviser LLC Makes New Investment in Shake Shack, Inc. $SHAK

Key Points

• Campbell & CO Investment Adviser LLC has acquired 18,813 shares of Shake Shack, Inc., valued at approximately $1,659,000, in the first quarter.
• Shake Shack has reported a quarterly earnings per share of $0.44, beating analyst estimates of $0.37, with an annual revenue increase of 12.6%.
• Insiders at Shake Shack have sold a total of 87,211 shares in the last ninety days, indicating a decrease in ownership among executives.

Campbell & CO Investment Adviser LLC acquired a new position in Shake Shack, Inc. (NYSE:SHAK - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 18,813 shares of the company's stock, valued at approximately $1,659,000.

A number of other hedge funds also recently modified their holdings of SHAK. Driehaus Capital Management LLC bought a new stake in shares of Shake Shack in the 4th quarter worth approximately $66,349,000. Nuveen LLC bought a new stake in shares of Shake Shack in the 1st quarter worth approximately $42,802,000. Ameriprise Financial Inc. lifted its position in shares of Shake Shack by 144.3% during the 1st quarter. Ameriprise Financial Inc. now owns 791,857 shares of the company's stock worth $69,805,000 after buying an additional 467,748 shares during the period. Jump Financial LLC bought a new position in shares of Shake Shack during the 1st quarter worth approximately $17,064,000. Finally, Balyasny Asset Management L.P. lifted its position in shares of Shake Shack by 17.7% during the 4th quarter. Balyasny Asset Management L.P. now owns 894,286 shares of the company's stock worth $116,078,000 after buying an additional 134,475 shares during the period. Institutional investors own 86.07% of the company's stock.

Shake Shack Trading Up 0.1%

SHAK stock opened at $104.1010 on Tuesday. The business has a fifty day moving average price of $126.56 and a 200 day moving average price of $110.63. Shake Shack, Inc. has a fifty-two week low of $72.93 and a fifty-two week high of $144.65. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 226.31, a P/E/G ratio of 2.37 and a beta of 1.82. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.92 and a quick ratio of 1.89.

Shake Shack (NYSE:SHAK - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.07. Shake Shack had a return on equity of 9.78% and a net margin of 1.50%.The firm had revenue of $356.47 million during the quarter, compared to analysts' expectations of $352.56 million. During the same period last year, the firm posted $0.27 EPS. The business's revenue was up 12.6% on a year-over-year basis. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Shake Shack, Inc. will post 1.26 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Katherine Irene Fogertey sold 670 shares of the firm's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $140.03, for a total transaction of $93,820.10. Following the completion of the sale, the chief financial officer directly owned 32,495 shares of the company's stock, valued at $4,550,274.85. This trade represents a 2.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Daniel Harris Meyer sold 14,200 shares of Shake Shack stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $140.31, for a total value of $1,992,402.00. Following the completion of the sale, the director directly owned 337,984 shares of the company's stock, valued at $47,422,535.04. This trade represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 87,211 shares of company stock valued at $11,849,216 over the last ninety days. Insiders own 8.50% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on SHAK shares. TD Securities restated a "hold" rating and set a $105.00 target price on shares of Shake Shack in a research report on Thursday, June 26th. Robert W. Baird raised their target price on Shake Shack from $85.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Jefferies Financial Group downgraded Shake Shack from a "hold" rating to an "underperform" rating and raised their target price for the stock from $100.00 to $120.00 in a research report on Thursday, July 17th. Morgan Stanley raised their target price on Shake Shack from $122.00 to $126.00 and gave the stock an "equal weight" rating in a research report on Friday, August 1st. Finally, Sanford C. Bernstein set a $166.00 target price on Shake Shack and gave the stock an "overweight" rating in a research report on Thursday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Shake Shack currently has an average rating of "Hold" and an average target price of $132.15.

Shake Shack Profile

Shake Shack Inc owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.

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