On November 6, 2024, Katherine Fogertey, the Chief Financial Officer of Shake Shack Inc (SHAK, Financial), sold 642 shares of the company at a price of $133.24 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 31,359 shares of Shake Shack Inc.
Shake Shack Inc operates as a modern day “roadside” burger stand known for its delicious burgers, chicken, hot dogs, shakes, frozen custard, beer, wine, and more. With a commitment to premium ingredients, hospitality, and community engagement, Shake Shack serves both classic and innovative menu items.
Over the past year, Katherine Fogertey has sold a total of 7,716 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within the company, where there have been 26 insider sells and no insider buys over the past year.
As of the date of the sale, Shake Shack Inc had a market cap of approximately $5.26 billion. The stock's price-earnings ratio stood at 775.65, significantly higher than the industry median of 22.68, indicating a premium valuation relative to its peers.
The GF Value of Shake Shack Inc is calculated at $87.94, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.52. The GF Value is derived from historical trading multiples, an adjustment factor based on the company’s past performance, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels regarding the company's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
