Shake Shack Company Profile (NYSE:SHAK)

About Shake Shack (NYSE:SHAK)

Shake Shack Inc. operates roadside burger stands. The Company serves an American menu of burgers, hot dogs, crispy chicken, frozen custard, crinkle cut fries, shakes, beer and wine, among others. The Company's signature items are its all-natural, hormone and antibiotic-free burgers, hot dogs, crispy chicken, crinkle cut fries, shakes and frozen custard. Its menu focuses on food and beverages, crafted from a range of classic American foods. The Company's domestic menu includes a range of signature items, such as the ShackBurger, SmokeShack, Shack-cago Dog, 'Shroom Burger, seasonal frozen custard, hand-spun shakes, concretes, ShackMeister Ale, and Shack Red and Shack White wines. As of December 28, 2016, it had 114 Shacks in 13 countries and 16 states, as well as the District of Columbia. Its burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism potato bun.

Industry, Sector and Symbol:

Sector: Retail/Wholesale
Industry: Restaurants & Bars - NEC
Sub-Industry: N/A
Symbol: NYSE:SHAK
CUSIP: N/A
Web: www.shakeshack.com

Capitalization:

Market Cap: $900.47 million
Outstanding Shares: 25,757,000

Average Prices:

50 Day Moving Avg: $36.21
200 Day Moving Avg: $35.07
52 Week Range: $30.36 - $42.94

P/E:

Trailing P/E Ratio: 64.98
Foreward P/E Ratio: 58.35
P/E Growth: 3.04

Sales & Book Value:

Annual Revenue: $291.06 million
Price / Sales: 3.10
Book Value: $6.27 per share
Price / Book: 5.58

Profitability:

EBIDTA: $44.91 million
Net Margins: 4.55%
Return on Equity: 7.15%
Return on Assets: 2.70%

Debt:

Current Ratio: 2.91%
Quick Ratio: 2.88%

Misc:

Average Volume: 763,483 shs.
Beta: 1.32
Short Ratio: 15.97

Frequently Asked Questions for Shake Shack (NYSE:SHAK)

What is Shake Shack's stock symbol?

Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK."

How were Shake Shack's earnings last quarter?

Shake Shack, Inc. (NYSE:SHAK) announced its quarterly earnings results on Thursday, May, 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The company had revenue of $76.70 million for the quarter, compared to the consensus estimate of $74.71 million. Shake Shack had a net margin of 4.55% and a return on equity of 7.15%. The company's revenue for the quarter was up 41.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 earnings per share. View Shake Shack's Earnings History.

Where is Shake Shack's stock going? Where will Shake Shack's stock price be in 2017?

12 brokers have issued 12 month price objectives for Shake Shack's shares. Their predictions range from $30.00 to $48.00. On average, they expect Shake Shack's stock price to reach $37.50 in the next twelve months. View Analyst Ratings for Shake Shack.

What are analysts saying about Shake Shack stock?

Here are some recent quotes from research analysts about Shake Shack stock:

1. According to Zacks Investment Research, "Shake Shack Inc. is engaged in owning and operating restaurants. The company offers burgers, hot dogs, frozen custard, crinkle cut fries, beer and wine. It operates primarily in New York, New Jersey, Washington, D.C., Connecticut, Georgia, Illinois, Pennsylvania, Florida, Massachusetts, Virginia, Nevada, London, Istanbul and Dubai. Shake Shack Inc. is headquartered in New York. " (7/19/2017)
2. Wedbush analysts commented, "curtail intense discounting" within the quick service restaurant (QSR) burger chains, which benefit Shake Shack's competitive positioning.Achievable GuidanceSetyan's upgrade is also partially based on expectations for Shake Shack to achieve the company's reset comp guidance. Management lowered its 2017 same-store sales growth guidance to be around flat from a prior range of 2 to 3 percent post-Q1.This does imply a "modest" (5/18/2017)
3. Buckingham Research analysts commented, "We remain with a NEUTRAL on shares of SHAK and reduce our price target to $39 (representing 15% upside from expected $34 opening) from $40. We continue to like SHAK for its long-term growth opportunity, brand, and exceptional unit economics. The challenge continues to consist of two factors, one is valuation, which at 20x EV NTM EBITDA represents a lot of risk in the event of unforeseen events. The second is the income statement dynamic resulting from hyper-growth into lower AUV markets. SHAK is guiding to $3.2M+ AUVs and 21% restaurant level margins for its 22-23 new units (32-33% growth) in 2017. In 2016 the average restaurant produced $4.9M in revenues and the consolidated restaurant-level margin was 28.3%, implying material dilution to these metrics from planned new unit openings. While we believe investors understand this, the situation makes it more difficult for SHAK to beat EPS, something we think is required to maintain the valuation. We see 34%/38% upside/ downside in best/ worst case scenarios." (3/2/2017)

Who are some of Shake Shack's key competitors?

Some companies that are related to Shake Shack include Greggs plc (GRG), Mitchells & Butlers plc (MAB), Denny's Corporation (DENN), Biglari Holdings (BH), DineEquity (DIN), Marston's PLC (MARS), Restaurant Group PLC (RTN), Young & Co.'s Brewery plc (YNGA), Bojangles' (BOJA), Fuller, Smith & Turner plc (FSTA), El Pollo Loco Holdings (LOCO), Young & Co.'s Brewery plc (YNGN), Fiesta Restaurant Group (FRGI), Chuy's Holdings (CHUY), The Habit Restaurants (HABT), Potbelly Corporation (PBPB), Del Frisco's Restaurant Group (DFRG) and Zoe's Kitchen (ZOES).

Who are Shake Shack's key executives?

Shake Shack's management team includes the folowing people:

Daniel Meyer, Independent Chairman of the Board
Randall J. Garutti, Chief Executive Officer, Director
Tara Comonte, Chief Financial Officer
Zach Koff, Chief Operating Officer
Peggy Rubenzer, Senior Vice President - People Resources
Jeffrey Flug CPA, Independent Director
Jenna Lyons, Independent Director
Joshua G. Silverman, Independent Director
Jonathan D. Sokoloff, Independent Director
Robert T. Vivian, Independent Director

When did Shake Shack IPO?

(SHAK) raised $75 million in an initial public offering on Friday, January 30th 2015. The company issued 5,000,000 shares at $14.00-$16.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers.

Who owns Shake Shack stock?

Shake Shack's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.07%), Creative Planning (0.05%), Louisiana State Employees Retirement System (0.03%), Nisa Investment Advisors LLC (0.03%), Trellus Management Company LLC (0.03%) and Russell Investments Group Ltd. (0.03%). Company insiders that own Shake Shack stock include Acg Shack Llc, Daniel Harris Meyer, David A Swinghamer, Equity Group LP Select, Equity Investors Vi LP Green, Flug 2012 Gs Trust U/A/D 9/4/1, Granite Point Capital, LP, Jeffrey Flug, Jeffrey J Uttz, Jonathan D Sokoloff, Karen Kochevar, Laura J Sloate, Peggy Rubenzer, Randall J Garutti, Richard D Coraine and Zach Koff. View Institutional Ownership Trends for Shake Shack.

Who sold Shake Shack stock? Who is selling Shake Shack stock?

Shake Shack's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Shake Shack stock in the last year include Daniel Harris Meyer, David A Swinghamer, Equity Group LP Select, Equity Investors Vi LP Green, Flug 2012 Gs Trust U/A/D 9/4/1, Granite Point Capital, LP, Jeffrey Flug, Jonathan D Sokoloff, Laura J Sloate, Peggy Rubenzer, Randall J Garutti and Zach Koff. View Insider Buying and Selling for Shake Shack.

Who bought Shake Shack stock? Who is buying Shake Shack stock?

Shake Shack's stock was purchased by a variety of institutional investors in the last quarter, including Trellus Management Company LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, US Bancorp DE, Creative Planning, Louisiana State Employees Retirement System and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Shake Shack.

How do I buy Shake Shack stock?

Shares of Shake Shack can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Shake Shack's stock price today?

One share of Shake Shack stock can currently be purchased for approximately $35.01.

MarketBeat Community Rating for Shake Shack (NYSE SHAK)

Community Ranking:		1.6 out of 5 ()
Outperform Votes:		140 (Vote Outperform)
Underperform Votes:		303 (Vote Underperform)
Total Votes:		443

MarketBeat's community ratings are surveys of what our community members think about Shake Shack and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Shake Shack (NYSE:SHAK) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:	Hold (Score: 2.33)
Consensus Price Target:	$37.50 (7.11% upside)

Analysts' Ratings History for Shake Shack (NYSE:SHAK)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
6/27/2017	SunTrust Banks, Inc.	Set Price Target	Buy	$48.00	N/A
5/24/2017	Piper Jaffray Companies	Initiated Coverage	Overweight -> Overweight	$44.00	Medium
5/18/2017	Wedbush	Upgrade	Neutral -> Outperform	$33.00 -> $43.00	High
5/15/2017	Cowen and Company	Lower Price Target	Market Perform	$37.00 -> $35.00	Low
5/8/2017	Barclays PLC	Lower Price Target	Equal Weight	$38.00 -> $35.00	Low
5/5/2017	Buckingham Research	Upgrade	Neutral -> Buy	$32.00	High
4/6/2017	Goldman Sachs Group, Inc. (The)	Lower Price Target	Neutral	$34.00 -> $30.00	Medium
3/3/2017	Morgan Stanley	Reiterated Rating	Underweight	$34.00	N/A
3/2/2017	Stifel Nicolaus	Lower Price Target	Hold -> Hold	$35.00 -> $33.00	N/A
11/11/2016	BTIG Research	Reiterated Rating	Buy	$40.00	N/A
11/10/2016	Jefferies Group LLC	Reiterated Rating	Hold	$36.00 -> $38.00	N/A
9/28/2016	J P Morgan Chase & Co	Reiterated Rating	Hold	$38.00	N/A
3/30/2016	Longbow Research	Upgrade	Neutral -> Buy	$34.89 -> $46.00	N/A
3/3/2016	William Blair	Upgrade	Market Perform -> Outperform		N/A

(Data available from 7/27/2015 forward)

Earnings History for Shake Shack (NYSE:SHAK)

Earnings by Quarter for Shake Shack (NYSE:SHAK)

Earnings History by Quarter for Shake Shack (NYSE SHAK)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/4/2017	Q1 2017	$0.08	$0.10	$74.71 million	$76.70 million	View	Listen
3/1/2017	Q416	$0.09	$0.09	$70.68 million	$73.30 million	View	Listen
11/9/2016	Q316	$0.14	$0.15	$69.18 million	$74.60 million	View	Listen
8/10/2016	Q216	$0.13	$0.14	$63.07 million	$66.50 million	View	Listen
5/12/2016	Q116	$0.05	$0.08	$52.06 million	$54.20 million	View	Listen
3/7/2016	Q415	$0.07	$0.08	$50.44 million	$51.10 million	View	N/A
11/5/2015	Q315	$0.07	$0.12	$47.27 million	$53.30 million	View	N/A
8/10/2015	Q215	$0.03	$0.09	$42.80 million	$48.50 million	View	Listen
5/13/2015	Q115	($0.03)	$0.04	$33.91 million	$37.80 million	View	Listen
3/11/2015	Q414	($0.03)	($0.01)	$33.10 million	$34.80 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Shake Shack (NYSE:SHAK)

Current Year EPS Consensus Estimate: $0.5 EPS
Next Year EPS Consensus Estimate: $0.6 EPS

Dividend History for Shake Shack (NYSE:SHAK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading and Institutional Ownership History for Shake Shack (NYSE:SHAK)

Insider Ownership Percentage: 34.91%
Institutional Ownership Percentage: 97.46%

Institutional Ownership by Quarter for Shake Shack (NYSE:SHAK)

Insider Trades by Quarter for Shake Shack (NYSE:SHAK)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
6/26/2017	Randall J Garutti	CEO	Sell	16,000	$35.86	$573,760.00
6/8/2017	Daniel Harris Meyer	Director	Sell	25,000	$38.04	$951,000.00
5/25/2017	Randall J Garutti	CEO	Sell	8,000	$37.96	$303,680.00
5/23/2017	Jeffrey Flug	Director	Sell	3,321	$37.45	$124,371.45
5/19/2017	Equity Group L.P. Select	Insider	Sell	51,971	$37.71	$1,959,826.41
5/19/2017	Jeffrey Flug	Director	Sell	9,000	$37.81	$340,290.00
5/18/2017	Jeffrey Flug	Director	Sell	40,000	$36.74	$1,469,600.00
5/18/2017	Zach Koff	COO	Sell	5,000	$38.00	$190,000.00
5/12/2017	Jeffrey Flug	Director	Sell	51,000	$36.59	$1,866,090.00
5/10/2017	Jeffrey Flug	Director	Sell	85,000	$37.02	$3,146,700.00
5/9/2017	Jeffrey Flug	Director	Sell	25,000	$36.56	$914,000.00
5/9/2017	Peggy Rubenzer	SVP	Sell	10,719	$36.68	$393,172.92
5/8/2017	Jeffrey Flug	Director	Sell	35,000	$37.74	$1,320,900.00
5/5/2017	Daniel Harris Meyer	Director	Sell	20,000	$36.01	$720,200.00
5/4/2017	Granite Point Capital, L.P.	Major Shareholder	Sell	43,296	$30.39	$1,315,765.44
5/3/2017	David A Swinghamer	Major Shareholder	Sell	34,900	$33.92	$1,183,808.00
5/1/2017	David A. Swinghamer	Major Shareholder	Sell	5,100	$34.70	$176,970.00
4/27/2017	David A Swinghamer	Major Shareholder	Sell	10,000	$34.50	$345,000.00
3/27/2017	Randall J Garutti	CEO	Sell	8,000	$32.23	$257,840.00
3/8/2017	Zach Koff	COO	Sell	2,000	$31.96	$63,920.00
3/7/2017	Flug 2012 Gs Trust U/A/D 9/4/1	Major Shareholder	Sell	10,000	$32.49	$324,900.00
3/6/2017	Flug 2012 Gs Trust U/A/D 9/4/1	Major Shareholder	Sell	20,000	$32.25	$645,000.00
2/27/2017	Randall J Garutti	CEO	Sell	8,000	$36.38	$291,040.00
1/25/2017	Randall J Garutti	CEO	Sell	8,000	$34.93	$279,440.00
1/4/2017	Daniel Harris Meyer	Director	Sell	20,000	$38.01	$760,200.00
12/27/2016	Randall J Garutti	CEO	Sell	8,000	$37.45	$299,600.00
12/13/2016	Jeffrey Flug	Director	Sell	15,000	$37.91	$568,650.00
12/9/2016	Daniel Harris Meyer	Director	Sell	20,000	$38.02	$760,400.00
12/7/2016	Jonathan D Sokoloff	Director	Sell	100,000	$35.14	$3,514,000.00
12/5/2016	Jonathan D Sokoloff	Director	Sell	150,000	$35.91	$5,386,500.00
12/1/2016	Daniel Harris Meyer	Director	Sell	95,238	$36.60	$3,485,710.80
12/1/2016	Equity Group L.P. Select	Insider	Sell	35,799	$36.39	$1,302,725.61
11/16/2016	Jonathan D Sokoloff	Director	Sell	150,000	$37.91	$5,686,500.00
11/15/2016	Equity Investors Vi L.P Green	Director	Sell	50,000	$38.17	$1,908,500.00
11/14/2016	Jeffrey Flug	Director	Sell	38,191	$38.11	$1,455,459.01
11/14/2016	Laura J Sloate	Major Shareholder	Sell	15,000	$37.31	$559,650.00
11/11/2016	Jonathan D Sokoloff	Director	Sell	100,000	$37.65	$3,765,000.00
10/25/2016	Randall J Garutti	CEO	Sell	8,000	$32.11	$256,880.00
9/27/2016	Laura J Sloate	Major Shareholder	Sell	2,500	$35.50	$88,750.00
9/26/2016	Laura J Sloate	Major Shareholder	Sell	2,500	$35.51	$88,775.00
9/23/2016	Laura J Sloate	Major Shareholder	Sell	5,000	$35.24	$176,200.00
9/23/2016	Randall J Garutti	CEO	Sell	8,000	$32.28	$258,240.00
9/14/2016	Equity Group L.P. Select	Insider	Sell	36,000	$34.26	$1,233,360.00
9/14/2016	Jeffrey Flug	Director	Sell	25,000	$34.51	$862,750.00
9/9/2016	Equity Group L.P. Select	Insider	Sell	76,866	$36.17	$2,780,243.22
9/8/2016	Jeffrey Flug	Director	Sell	59,521	$36.24	$2,157,041.04
9/6/2016	Equity Group L.P. Select	Insider	Sell	108,530	$35.73	$3,877,776.90
9/6/2016	Laura J Sloate	Major Shareholder	Sell	5,000	$35.75	$178,750.00
9/2/2016	Jonathan D Sokoloff	Director	Sell	100,000	$35.46	$3,546,000.00
8/31/2016	Equity Group L.P. Select	Director	Sell	26,120	$35.22	$919,946.40
8/30/2016	Equity Group L.P. Select	Director	Sell	29,023	$35.50	$1,030,316.50
8/29/2016	Equity Group L.P. Select	Director	Sell	27,659	$35.23	$974,426.57
8/26/2016	Equity Group L.P. Select	Insider	Sell	82,363	$36.01	$2,965,891.63
8/25/2016	Laura J Sloate	Major Shareholder	Sell	5,000	$36.00	$180,000.00
8/24/2016	Jeffrey Flug	Director	Sell	42,393	$36.23	$1,535,898.39
8/23/2016	Equity Group L.P. Select	Director	Sell	33,830	$36.01	$1,218,218.30
8/22/2016	Equity Group L.P. Select	Director	Sell	27,130	$35.68	$967,998.40
8/18/2016	Equity Group L.P. Select	Insider	Sell	41,010	$35.91	$1,472,669.10
8/16/2016	Equity Group L.P. Select	Insider	Sell	160,217	$37.76	$6,049,793.92
8/15/2016	Jeffrey Flug	Director	Sell	15,772	$37.92	$598,074.24
8/10/2016	Granite Point Capital, L.P.	Major Shareholder	Sell	50,000	$37.31	$1,865,500.00
8/9/2016	Laura J Sloate	Major Shareholder	Sell	2,500	$42.35	$105,875.00
8/5/2016	Daniel Harris Meyer	Director	Sell	21,688	$40.01	$867,736.88
8/4/2016	Jonathan D Sokoloff	Director	Sell	100,001	$39.11	$3,911,039.11
8/4/2016	Randall J Garutti	CEO	Sell	10,000	$39.16	$391,600.00
8/2/2016	Jonathan D Sokoloff	Director	Sell	100,000	$39.12	$3,912,000.00
8/1/2016	Daniel Harris Meyer	Director	Sell	8,312	$40.02	$332,646.24
7/25/2016	Laura J Sloate	Major Shareholder	Sell	5,000	$40.68	$203,400.00
7/22/2016	Daniel Harris Meyer	Director	Sell	29,900	$40.02	$1,196,598.00
7/22/2016	Karen Kochevar	Major Shareholder	Sell	15,875	$40.72	$646,430.00
7/20/2016	Jeffrey Flug	Director	Sell	5,000	$40.01	$200,050.00
7/20/2016	Richard D Coraine	Major Shareholder	Sell	59,362	$40.00	$2,374,480.00
7/13/2016	Daniel Harris Meyer	Director	Sell	100	$40.00	$4,000.00
7/13/2016	Granite Point Capital, L.P.	Major Shareholder	Sell	100,000	$38.22	$3,822,000.00
7/8/2016	Jonathan D Sokoloff	Director	Sell	150,000	$36.19	$5,428,500.00
7/8/2016	Randall J Garutti	CEO	Sell	10,000	$36.65	$366,500.00
7/5/2016	Jonathan D Sokoloff	Director	Sell	100,000	$36.35	$3,635,000.00
7/1/2016	Equity Investors Vi L.P Green	Director	Sell	50,000	$36.66	$1,833,000.00
6/15/2016	Equity Group L.P. Select	Insider	Sell	233,561	$35.10	$8,197,991.10
6/15/2016	Jonathan D Sokoloff	Director	Sell	43,804	$35.44	$1,552,413.76
6/14/2016	Jeffrey Flug	Director	Sell	11,176	$34.18	$381,995.68
6/13/2016	Equity Group L.P. Select	Insider	Sell	59,725	$35.58	$2,125,015.50
6/13/2016	Jeffrey Flug	Director	Sell	29,059	$37.40	$1,086,806.60
6/10/2016	Jonathan D Sokoloff	Director	Sell	90,652	$36.82	$3,337,806.64
6/9/2016	Equity Group L.P. Select	Insider	Sell	150,000	$37.45	$5,617,500.00
6/9/2016	Randall J Garutti	CEO	Sell	10,000	$37.65	$376,500.00
6/8/2016	Jeffrey Flug	Director	Sell	75,000	$37.10	$2,782,500.00
6/7/2016	Jeffrey Flug	Director	Sell	25,000	$37.29	$932,250.00
6/6/2016	Equity Group L.P. Select	Insider	Sell	100,000	$36.96	$3,696,000.00
6/6/2016	Jeffrey Flug	Director	Sell	25,000	$36.64	$916,000.00
6/3/2016	Jeffrey Flug	Director	Sell	50,700	$37.93	$1,923,051.00
6/2/2016	Jonathan D Sokoloff	Director	Sell	100,000	$37.84	$3,784,000.00
6/1/2016	Equity Group L.P. Select	Insider	Sell	150,000	$37.77	$5,665,500.00
5/31/2016	Jeffrey Flug	Director	Sell	49,065	$37.95	$1,862,016.75
5/27/2016	Equity Group L.P. Select	Director	Sell	50,000	$37.37	$1,868,500.00
5/26/2016	Equity Group L.P. Select	Insider	Sell	100,000	$35.88	$3,588,000.00
5/26/2016	Jonathan D Sokoloff	Director	Sell	150,000	$35.50	$5,325,000.00
5/25/2016	Jeffrey Flug	Director	Sell	35,000	$35.64	$1,247,400.00
5/24/2016	Equity Group L.P. Select	Insider	Sell	150,000	$34.70	$5,205,000.00
5/24/2016	Equity Group L.P. Select	Insider	Sell	150,000	$34.70	$5,205,000.00
5/23/2016	Jeffrey Flug	Director	Sell	50,000	$34.86	$1,743,000.00
5/19/2016	Jonathan D Sokoloff	Director	Sell	87,439	$35.09	$3,068,234.51
5/17/2016	Equity Group L.P. Select	Insider	Sell	75,000	$36.55	$2,741,250.00
5/17/2016	Jonathan D Sokoloff	Director	Sell	144,078	$36.08	$5,198,334.24
5/16/2016	Equity Group L.P. Select	Director	Sell	25,000	$36.32	$908,000.00
5/11/2016	Jonathan D Sokoloff	Director	Sell	44,700	$35.23	$1,574,781.00
5/10/2016	Jonathan D Sokoloff	Director	Sell	68,640	$35.13	$2,411,323.20
5/9/2016	Equity Investors Vi L.P Green	Director	Sell	18,640	$35.25	$657,060.00
5/5/2016	Randall J Garutti	CEO	Sell	10,000	$34.19	$341,900.00
5/3/2016	Jonathan D Sokoloff	Director	Sell	92,582	$35.18	$3,257,034.76
4/15/2016	David A Swinghamer	Major Shareholder	Sell	5,290	$38.76	$205,040.40
4/7/2016	Randall J Garutti	CEO	Sell	10,000	$37.07	$370,700.00
3/30/2016	Acg Shack Llc	Major Shareholder	Sell	118,590	$33.40	$3,960,906.00
3/30/2016	Equity Group L.P. Select	Insider	Sell	150,000	$34.12	$5,118,000.00
3/24/2016	Equity Group L.P. Select	Insider	Sell	150,000	$33.10	$4,965,000.00
3/21/2016	Equity Group L.P. Select	Insider	Sell	150,000	$34.29	$5,143,500.00
3/17/2016	Jonathan D Sokoloff	Director	Sell	50,000	$34.04	$1,702,000.00
3/16/2016	Acg Shack Llc	Major Shareholder	Sell	50,000	$33.62	$1,681,000.00
3/16/2016	Equity Group L.P. Select	Insider	Sell	150,000	$33.98	$5,097,000.00
3/16/2016	Jonathan D Sokoloff	Director	Sell	100,000	$33.82	$3,382,000.00
3/16/2016	Peggy Rubenzer	SVP	Sell	2,000	$33.49	$66,980.00
3/15/2016	Acg Shack Llc	Major Shareholder	Sell	50,000	$34.08	$1,704,000.00
3/14/2016	Acg Shack Llc	Major Shareholder	Sell	50,000	$34.18	$1,709,000.00
3/11/2016	Equity Group L.P. Select	Insider	Sell	150,000	$35.37	$5,305,500.00
3/11/2016	Jonathan D Sokoloff	Director	Sell	50,000	$34.71	$1,735,500.00
3/10/2016	Jonathan D Sokoloff	Director	Sell	100,000	$35.56	$3,556,000.00
3/7/2016	Laura J Sloate	Major Shareholder	Sell	7,500	$42.77	$320,775.00
3/3/2016	Laura J Sloate	Major Shareholder	Sell	3,000	$41.67	$125,010.00
3/1/2016	Daniel Harris Meyer	Director	Sell	30,000	$40.35	$1,210,500.00
3/1/2016	David A Swinghamer	Major Shareholder	Sell	15,000	$41.30	$619,500.00
2/29/2016	Laura J Sloate	Major Shareholder	Sell	3,500	$42.55	$148,925.00
2/26/2016	David A Swinghamer	Major Shareholder	Sell	65,400	$40.57	$2,653,278.00
2/24/2016	Laura J Sloate	Major Shareholder	Sell	7,500	$40.23	$301,725.00
2/23/2016	Daniel Harris Meyer	Director	Sell	30,000	$40.05	$1,201,500.00
2/23/2016	Laura J Sloate	Major Shareholder	Sell	5,000	$40.03	$200,150.00
2/19/2016	David A. Swinghamer	major shareholder	Sell	20,000	$38.20	$764,000.00
2/2/2016	Granite Point Capital, L.P.	Major Shareholder	Sell	15,866	$35.82	$568,320.12
12/30/2015	Karen Kochevar	major shareholder	Sell	11,725	$40.18	$471,110.50
12/29/2015	Laura J. Sloate	major shareholder	Sell	10,000	$40.78	$407,800.00
12/28/2015	Laura J. Sloate	major shareholder	Sell	5,000	$40.68	$203,400.00
12/23/2015	Laura J. Sloate	major shareholder	Sell	5,000	$40.35	$201,750.00
12/22/2015	Karen Kochevar	major shareholder	Sell	76,900	$38.76	$2,980,644.00
12/18/2015	Karen Kochevar	major shareholder	Sell	25,500	$39.04	$995,520.00
12/16/2015	Equity Group L.P. Select	Insider	Sell	27,800	$40.49	$1,125,622.00
12/16/2015	Laura J. Sloate	major shareholder	Sell	15,500	$40.82	$632,710.00
12/15/2015	Acg Shack Llc	major shareholder	Sell	150,000	$40.96	$6,144,000.00
12/15/2015	Equity Group L.P. Select	Insider	Sell	100,000	$40.64	$4,064,000.00
12/14/2015	Laura J. Sloate	major shareholder	Sell	8,000	$40.98	$327,840.00
12/11/2015	David A Swinghamer	Major Shareholder	Sell	7,900	$42.04	$332,116.00
12/11/2015	Equity Group L.P. Select	Insider	Sell	99,999	$42.24	$4,223,957.76
12/11/2015	Equity Investors Vi L.P Green	Director	Sell	100,000	$42.43	$4,243,000.00
12/11/2015	Peggy Rubenzer	SVP	Sell	4,476	$42.65	$190,901.40
12/10/2015	Acg Shack Llc	major shareholder	Sell	150,000	$43.60	$6,540,000.00
12/8/2015	David A. Swinghamer	major shareholder	Sell	12,400	$43.22	$535,928.00
12/8/2015	Jonathan D Sokoloff	Director	Sell	50,000	$43.24	$2,162,000.00
12/7/2015	Acg Shack Llc	major shareholder	Sell	150,000	$44.19	$6,628,500.00
12/7/2015	Jonathan D Sokoloff	Director	Sell	50,000	$43.83	$2,191,500.00
12/4/2015	Equity Investors Vi L.P Green	Director	Sell	150,000	$44.68	$6,702,000.00
12/2/2015	Acg Shack Llc	major shareholder	Sell	150,000	$45.38	$6,807,000.00
12/2/2015	Randall J. Garutti	CEO	Sell	30,000	$45.22	$1,356,600.00
12/1/2015	Acg Shack Llc	major shareholder	Sell	50,000	$45.86	$2,293,000.00
11/30/2015	Karen Kochevar	major shareholder	Sell	20,000	$45.27	$905,400.00
11/25/2015	Acg Shack Llc	major shareholder	Sell	100,000	$43.53	$4,353,000.00
11/24/2015	Acg Shack Llc	major shareholder	Sell	50,000	$42.97	$2,148,500.00
11/23/2015	Acg Shack Llc	major shareholder	Sell	150,000	$42.82	$6,423,000.00
11/19/2015	David A. Swinghamer	major shareholder	Sell	35,041	$42.77	$1,498,703.57
11/18/2015	Acg Shack Llc	major shareholder	Sell	100,000	$42.40	$4,240,000.00
11/17/2015	Acg Shack Llc	major shareholder	Sell	50,000	$42.05	$2,102,500.00
11/16/2015	Acg Shack Llc	major shareholder	Sell	100,000	$41.15	$4,115,000.00
11/12/2015	Acg Shack Llc	major shareholder	Sell	50,000	$43.06	$2,153,000.00
8/18/2015	Acg Shack Llc	major shareholder	Sell	291,203	$57.75	$16,816,973.25
8/18/2015	Equity Group L.P. Select	Insider	Sell	587,636	$60.00	$35,258,160.00
8/18/2015	Jeffrey Flug	Director	Sell	247,382	$57.75	$14,286,310.50
8/18/2015	Jeffrey J. Uttz	CFO	Sell	26,235	$57.75	$1,515,071.25
8/18/2015	Randall J. Garutti	CEO	Sell	140,728	$57.75	$8,127,042.00
8/13/2015	Jonathan D Sokoloff	Director	Sell	1,239,663	$57.75	$71,590,538.25
2/4/2015	Jenna Lyons	Director	Buy	10,000	$21.00	$210,000.00
2/4/2015	Randall J Garutti	CEO	Buy	3,100	$21.84	$67,704.00

(Data available from 1/1/2013 forward)

Headline Trends for Shake Shack (NYSE:SHAK) Latest Headlines for Shake Shack (NYSE:SHAK)

Source:

Date	Headline
	Better Buy: Shake Shack Inc vs. Habit Restaurants Inc www.fool.com - July 26 at 7:25 PM
	Square adds Shake Shack CEO to board of directors - MarketWatch www.marketwatch.com - July 21 at 7:04 AM
	Shake Shack’s CEO is joining Square’s board of directors finance.yahoo.com - July 21 at 7:04 AM
	Shake Shack to Announce Second Quarter 2017 Financial Results on August 3, 2017 finance.yahoo.com - July 21 at 7:03 AM
	Square names Shake Shack CEO Randy Garutti to board finance.yahoo.com - July 21 at 7:03 AM
	Square adds Shake Shack CEO to board of directors finance.yahoo.com - July 21 at 7:03 AM
	Bobby Flay Cooks Up a Subprime IPO - Bloomberg www.bloomberg.com - July 18 at 3:18 PM
	Bobby Flay Plans IPO For Bobby's Burger Palace - Benzinga www.benzinga.com - July 18 at 8:06 AM
	Bobby Flay Plans IPO For Bobby's Burger Palace feeds.benzinga.com - July 17 at 3:48 PM
	Shake Shack Coming To China www.rttnews.com - July 15 at 8:32 AM
	Shake Shack Inc (SHAK) Expected to Post Quarterly Sales of $89.99 Million www.americanbankingnews.com - July 14 at 3:18 PM
	Shake Shack Coming To China - Nasdaq www.nasdaq.com - July 14 at 8:22 AM
	Better Buy: Shake Shack Inc vs. Yum! Brands, Inc. - Motley Fool www.fool.com - July 14 at 8:22 AM
	Brexit is taking a toll on hipster hamburger joints finance.yahoo.com - July 14 at 8:22 AM
	BRIEF-Shake Shack Inc announce that together with licensee, will open first-ever Hong Kong shack in 2018 www.reuters.com - July 13 at 9:23 AM
	Lei Ho 你好, Hong Kong! Shake Shack is Arriving in 2018 finance.yahoo.com - July 13 at 9:23 AM
	Shake Shack to open in China as it struggles with loyalty in U.S. finance.yahoo.com - July 13 at 9:23 AM
	Shake Shack Inc (SHAK) to Hit Hong Kong in 2018 investorplace.com - July 12 at 11:21 AM
	$0.16 EPS Expected for Shake Shack, Inc. (NYSE:SHAK) This Quarter www.americanbankingnews.com - July 12 at 8:30 AM
	Shake Shack to Open Hong Kong Location in Prelude to China Push www.bloomberg.com - July 12 at 7:55 AM
	Shake Shack Looks to Digital for Growth finance.yahoo.com - July 11 at 7:35 AM
	Shake Shack, Inc. (SHAK) Receives Average Recommendation of "Hold" from Brokerages www.americanbankingnews.com - July 10 at 8:23 AM
	From GoPro to Blue Apron, This Is a Losers' Game finance.yahoo.com - July 5 at 10:36 AM
	Shake Shack to Serve Up Changes With New Finance Chief www.wsj.com - July 4 at 7:17 AM
	[$$] Shake Shack to Serve Up Changes With New Finance Chief finance.yahoo.com - July 4 at 7:17 AM
	Shake Shack CEO Talks Business Model, Breakfast www.benzinga.com - July 2 at 8:15 PM
	6 Things You Didn't Know About Shake Shack Inc. www.fool.com - July 2 at 6:15 PM
	Shake Shack Inc: The Bear Case From a Bull www.fool.com - July 1 at 2:23 PM
	What Analysts Expect from Shake Shack’s Revenue finance.yahoo.com - July 1 at 7:28 AM
	Will Shake Shack’s Earnings Rise in the Next 4 Quarters? finance.yahoo.com - July 1 at 7:28 AM
	Shake Shack’s Valuation Multiple Compared to Its Peers finance.yahoo.com - July 1 at 7:28 AM
	Shake Shack CEO loves sunshine, burgers and breakfast finance.yahoo.com - July 1 at 7:28 AM
	SEC to Expand Confidential IPO Filing Ability to All Companies - Bloomberg www.bloomberg.com - June 30 at 6:39 AM
	Shake Shack, Inc. – Value Analysis (NYSE:SHAK) : June 28, 2017 finance.yahoo.com - June 28 at 8:25 PM
	Randall J. Garutti Sells 16,000 Shares of Shake Shack, Inc. (SHAK) Stock www.americanbankingnews.com - June 28 at 7:23 PM
	Fidelity Parent Buys Shake Shack, Sells Chipotle - Barron's www.barrons.com - June 28 at 8:16 AM
	[$$] Fidelity Parent Buys Shake Shack, Sells Chipotle finance.yahoo.com - June 28 at 8:16 AM
	6 Reasons Shake Shack Can Keep on Keeping On - Barron's www.barrons.com - June 27 at 7:52 PM
	Shake Shack, Inc. breached its 50 day moving average in a Bearish Manner : SHAK-US : June 27, 2017 finance.yahoo.com - June 27 at 7:52 PM
	6 Reasons Shake Shack Can Keep on Keeping On finance.yahoo.com - June 27 at 7:52 PM
	Here's Several Reasons Why Shake Shack Is Still a Good Buy finance.yahoo.com - June 27 at 7:52 PM
	Shake Shack's Sales Could Get Washed Out finance.yahoo.com - June 27 at 8:18 AM
	Early movers: GOOGL, TMUS, DEO, WDC, SHAK, S & more finance.yahoo.com - June 27 at 8:18 AM
	Investors Are Betting Big Against Shake Shack -- Should You Join ... - Motley Fool www.fool.com - June 25 at 8:14 PM
	Investors Are Betting Big Against Shake Shack -- Should You Join Them? finance.yahoo.com - June 25 at 6:23 AM
	Shake Shack Suffers From Lack of Loyalty Among Customers: Chart - Bloomberg www.bloomberg.com - June 22 at 1:39 PM
	Shake Shack Suffers From Lack of Loyalty Among Customers: Chart finance.yahoo.com - June 22 at 1:39 PM
	Shake Shack: Fringe Element of Burgers finance.yahoo.com - June 22 at 1:39 PM
	Shake Shack, Inc. (SHAK) Stock Rating Upgraded by Vetr Inc. www.americanbankingnews.com - June 21 at 12:22 AM
	Chipotle’s Earnings Growth Outperformed Its Peers in 1Q17 finance.yahoo.com - June 19 at 9:42 AM