Concurrent Investment Advisors LLC Increases Position in Shake Shack, Inc. $SHAK

Key Points

• Concurrent Investment Advisors LLC increased its Shake Shack stake by 552.5% in Q4 to 20,496 shares, a holding worth about $1.66 million at the end of the period.
• Analyst sentiment has turned positive with multiple upgrades (including Morgan Stanley and Truist) and a MarketBeat consensus of a "Moderate Buy" with a $119.67 average target price.
• Shake Shack recently beat EPS estimates (Q4 EPS $0.37 vs. $0.35), reported revenue up 21.8% year‑over‑year, and is expanding into new markets (Louisville, Berkeley, Fort Collins) that could support further unit and revenue growth.

Concurrent Investment Advisors LLC raised its holdings in shares of Shake Shack, Inc. (NYSE:SHAK - Free Report) by 552.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,496 shares of the company's stock after buying an additional 17,355 shares during the period. Concurrent Investment Advisors LLC's holdings in Shake Shack were worth $1,664,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in shares of Shake Shack during the first quarter valued at approximately $26,000. Assetmark Inc. boosted its position in shares of Shake Shack by 457.6% during the fourth quarter. Assetmark Inc. now owns 368 shares of the company's stock valued at $30,000 after buying an additional 302 shares during the period. Global Retirement Partners LLC boosted its position in shares of Shake Shack by 83.7% during the third quarter. Global Retirement Partners LLC now owns 327 shares of the company's stock valued at $31,000 after buying an additional 149 shares during the period. Murphy & Mullick Capital Management Corp boosted its position in shares of Shake Shack by 68.5% during the third quarter. Murphy & Mullick Capital Management Corp now owns 418 shares of the company's stock valued at $38,000 after buying an additional 170 shares during the period. Finally, Advisory Services Network LLC purchased a new position in shares of Shake Shack during the third quarter valued at approximately $38,000. Hedge funds and other institutional investors own 86.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Morgan Stanley upgraded Shake Shack from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $115.00 to $125.00 in a research report on Tuesday, January 20th. Zacks Research upgraded Shake Shack from a "strong sell" rating to a "hold" rating in a research report on Monday, March 9th. Truist Financial lifted their price target on shares of Shake Shack from $144.00 to $148.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. lifted their price target on shares of Shake Shack from $95.00 to $100.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Finally, DA Davidson reaffirmed a "buy" rating and set a $125.00 price target on shares of Shake Shack in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $119.67.

Insider Buying and Selling

In related news, insider Stephanie Ann Sentell sold 258 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $102.21, for a total value of $26,370.18. Following the completion of the transaction, the insider owned 15,084 shares of the company's stock, valued at $1,541,735.64. The trade was a 1.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.50% of the stock is owned by company insiders.

Shake Shack Stock Performance

Shares of NYSE:SHAK opened at $100.52 on Thursday. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 92.22, a price-to-earnings-growth ratio of 3.96 and a beta of 1.75. Shake Shack, Inc. has a 52 week low of $76.51 and a 52 week high of $144.65. The company has a quick ratio of 1.73, a current ratio of 1.76 and a debt-to-equity ratio of 0.45. The firm has a 50 day moving average of $94.16 and a 200 day moving average of $91.06.

Shake Shack (NYSE:SHAK - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.02. The company had revenue of $400.53 million during the quarter, compared to the consensus estimate of $402.06 million. Shake Shack had a net margin of 3.16% and a return on equity of 11.08%. Shake Shack's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.26 earnings per share. On average, sell-side analysts predict that Shake Shack, Inc. will post 1.39 earnings per share for the current fiscal year.

More Shake Shack News

Here are the key news stories impacting Shake Shack this week:

• Positive Sentiment: Analyst outlook — Zacks highlights Shake Shack’s strong earnings-surprise history and says the company currently has the setup (sales momentum and margin levers) that could produce another quarterly beat, which supports near-term upside. Will Shake Shack (SHAK) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: New-market expansion — Shake Shack confirmed its first Louisville location at Oxmoor Center, opening a new regional market that can add unit growth and incremental revenue. Shake Shack is finally making its way to Louisville. When it will open
• Positive Sentiment: Additional openings — Local reports confirm new Shake Shack locations coming to Berkeley and Fort Collins (Foothills), reflecting ongoing unit expansion that supports revenue growth and brand penetration. Berkeley’s finally getting one of these cult-favorite burger joints
• Positive Sentiment: Fort Collins opening — A May opening in Fort Collins (Foothills) is another near-term comp-driving unit launch to monitor for early sales trends. Shake Shack opening Fort Collins burger joint in May at Foothills
• Positive Sentiment: Menu-driven traffic — Coverage asks whether Shake Shack’s new sandwich could rival iconic limited-time items like the McRib, signaling marketing buzz that could boost visits if the offering scales. Can Shake Shack’s new sandwich challenge the McRib…
• Positive Sentiment: Positive reviews and seasonal launches — Multiple reviews praise a new boneless rib-style sandwich, a new side and three summer milkshakes; favorable press can translate to incremental AUV lift during the summer selling season. Review: Shake Shack Wins BBQ Season…

Shake Shack Profile

Shake Shack, Inc NYSE: SHAK is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City's Madison Square Park in 2001 by Danny Meyer's Union Square Hospitality Group.

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