GDS Wealth Management Has $7.60 Million Holdings in Shake Shack, Inc. $SHAK

Key Points

• GDS Wealth Management significantly increased its stake in Shake Shack, Inc. by 503.5%, now holding 86,162 shares valued at approximately $7.6 million.
• Several other institutional investors also boosted their positions in Shake Shack during the same period, including Farther Finance Advisors, which raised its stake by 939.3%.
• Shake Shack reported a 12.6% year-over-year revenue increase in its latest earnings, with earnings per share of $0.44, exceeding market expectations.

GDS Wealth Management lifted its position in shares of Shake Shack, Inc. (NYSE:SHAK - Free Report) by 503.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 86,162 shares of the company's stock after buying an additional 71,885 shares during the quarter. GDS Wealth Management owned about 0.20% of Shake Shack worth $7,597,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in Shake Shack by 939.3% during the first quarter. Farther Finance Advisors LLC now owns 291 shares of the company's stock worth $26,000 after purchasing an additional 263 shares during the period. Garde Capital Inc. bought a new stake in Shake Shack during the first quarter worth about $35,000. Princeton Global Asset Management LLC bought a new stake in Shake Shack during the first quarter worth about $44,000. Cooper Investors PTY Ltd. bought a new stake in Shake Shack during the first quarter worth about $44,000. Finally, SRH Advisors LLC bought a new stake in Shake Shack during the first quarter worth about $44,000. Institutional investors and hedge funds own 86.07% of the company's stock.

Insider Activity

In other news, Director Daniel Harris Meyer sold 14,200 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $140.31, for a total transaction of $1,992,402.00. Following the sale, the director directly owned 337,984 shares in the company, valued at approximately $47,422,535.04. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Katherine Irene Fogertey sold 670 shares of the company's stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $140.03, for a total value of $93,820.10. Following the completion of the sale, the chief financial officer owned 32,495 shares in the company, valued at $4,550,274.85. The trade was a 2.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 87,211 shares of company stock worth $11,849,216. Company insiders own 8.50% of the company's stock.

Shake Shack Trading Up 3.2%

Shares of NYSE:SHAK traded up $3.2470 during midday trading on Friday, hitting $103.7870. 1,160,899 shares of the stock were exchanged, compared to its average volume of 1,877,093. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 225.63, a P/E/G ratio of 2.30 and a beta of 1.82. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.89 and a current ratio of 1.92. The business's 50-day moving average price is $127.01 and its 200 day moving average price is $110.76. Shake Shack, Inc. has a 12 month low of $72.93 and a 12 month high of $144.65.

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, topping the consensus estimate of $0.37 by $0.07. The company had revenue of $356.47 million for the quarter, compared to analysts' expectations of $352.56 million. Shake Shack had a return on equity of 9.78% and a net margin of 1.50%.The business's quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 earnings per share. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts predict that Shake Shack, Inc. will post 1.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

SHAK has been the subject of several recent analyst reports. Raymond James Financial reaffirmed a "strong-buy" rating and set a $160.00 price objective (down previously from $165.00) on shares of Shake Shack in a research report on Friday, August 1st. BTIG Research cut shares of Shake Shack from a "buy" rating to a "neutral" rating in a research report on Monday, June 2nd. Morgan Stanley lifted their target price on Shake Shack from $122.00 to $126.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. Barclays decreased their target price on Shake Shack from $168.00 to $160.00 and set an "overweight" rating on the stock in a research report on Friday, August 1st. Finally, Oppenheimer reiterated an "outperform" rating and issued a $160.00 target price (up previously from $125.00) on shares of Shake Shack in a research report on Thursday, June 26th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Shake Shack has an average rating of "Hold" and a consensus price target of $132.15.

About Shake Shack

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.