
Quest Partners LLC raised its stake in Shake Shack Inc. ( NYSE:SHAK – Free Report ) by 76.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 752 shares of the company’s stock after buying an additional 325 shares during the quarter. Quest Partners LLC’s holdings in Shake Shack were worth $78,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHAK. Russell Investments Group Ltd. boosted its stake in Shake Shack by 61,625.0% during the 1st quarter. Russell Investments Group Ltd. now owns 2,469 shares of the company’s stock worth $257,000 after acquiring an additional 2,465 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Shake Shack by 7.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,883 shares of the company’s stock worth $2,173,000 after purchasing an additional 1,358 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Shake Shack in the 1st quarter valued at $653,000. Quent Capital LLC grew its holdings in shares of Shake Shack by 2,469.1% in the 2nd quarter. Quent Capital LLC now owns 2,081 shares of the company’s stock valued at $187,000 after buying an additional 2,000 shares during the period. Finally, CWM LLC increased its position in shares of Shake Shack by 24.7% in the 2nd quarter. CWM LLC now owns 1,046 shares of the company’s stock valued at $94,000 after buying an additional 207 shares in the last quarter. Institutional investors own 86.07% of the company’s stock. Shake Shack Trading Up 0.9 % Shares of NYSE:SHAK opened at $133.55 on Friday. Shake Shack Inc. has a one year low of $59.94 and a one year high of $134.90. The stock has a market capitalization of $5.67 billion, a PE ratio of 785.59, a price-to-earnings-growth ratio of 3.01 and a beta of 1.81. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.01 and a quick ratio of 1.98. The company’s 50-day moving average price is $115.98 and its two-hundred day moving average price is $102.14. Insider Buying and Selling at Shake Shack In other Shake Shack news, Director Daniel Harris Meyer sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $110.08, for a total value of $1,100,800.00. Following the sale, the director now owns 460,337 shares in the company, valued at $50,673,896.96. This represents a 2.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Also, CFO Katherine Irene Fogertey sold 321 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $103.93, for a total value of $33,361.53. Following the completion of the sale, the chief financial officer now directly owns 36,180 shares of the company’s stock, valued at approximately $3,760,187.40. The trade was a 0.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 63,433 shares of company stock worth $7,654,856 over the last quarter. 9.73% of the stock is currently owned by insiders. Wall Street Analysts Forecast Growth SHAK has been the topic of several recent analyst reports. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $102.00 target price (down from $105.00) on shares of Shake Shack in a report on Tuesday, September 24th. TD Cowen reiterated a “buy” rating and set a $125.00 price objective on shares of Shake Shack in a report on Wednesday, September 18th. Oppenheimer increased their target price on Shake Shack from $122.00 to $135.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Bank of America raised their target price on shares of Shake Shack from $104.00 to $116.00 and gave the stock a “neutral” rating in a report on Monday, August 19th. Finally, Piper Sandler cut shares of Shake Shack from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $121.00 to $114.00 in a report on Monday, August 19th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $112.94. View Our Latest Report on Shake Shack Shake Shack Company Profile ( Free Report ) 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. Read More Five stocks we like better than Shake Shack What is the Nasdaq? Complete Overview with History The Latest 13F Filings Are In: See Where Big Money Is Flowing How to Invest in Insurance Companies: A Guide 3 Penny Stocks Ready to Break Out in 2025 Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding SHAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shake Shack Inc. ( NYSE:SHAK – Free Report ). 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Article content The Montreal Canadiens had the New York Rangers on the ropes at Madison Square Garden on Saturday afternoon, but the home team snapped their five-game losing streak with a 4-3 win over the Habs. A rough season for Kirby Dach got even worse when the slumping centre took a high-sticking double-minor with 2:40 remaining in regulation. Kaapo Kakko responded by scoring the game winner on the power play with 22.5 seconds to go. In all, the Rangers scored three times with the man advantage, compared with Montreal’s 0-3 on special teams. The game opened with a callback to the last time both teams faced off. Josh Anderson sought revenge on Jacob Trouba for his hit on Justin Barron, and the powerhorse got it. He pummelled the Ranger captain. JOSH ANDERSON AND JACOB TROUBA DROP THE GLOVES 🥊 pic.twitter.com/QC0I6pM1VO The Rangers led 2-1 after 20 minutes, starting with Artemi Panarin beating Sam Montembeault on the power play with an accurate point shot through traffic. 🗣️ IT'S A POWER PLAY GOAL. What a snipe from Breadman. pic.twitter.com/msUqnhkmeT Mike Matheson returned to the lineup after missing two games with a lower-body injury, and he tied up the game 1-1 with a shot from the high slot. jamais trop tôt pour un but de Mtl never too early for a Habs goal #GoHabsGo pic.twitter.com/kr1hfvofKN Habs fans had their hearts broken a couple of times during the matinee game, starting with Vincent Trocheck giving the Rangers a 2-1 lead with just two seconds remaining in the opening frame. Vincent Trocheck gives the Rangers a 2-1 lead at the end of the first! 🗽 pic.twitter.com/wts8ZQUNt6 The game got more physical in the second period, starting with Arber Xhekaj sending Alexis Lafrenière back to the bench in agony after a hit near the boards. Josh Anderson continued to play with intensity, but he landed in the box with a penalty our own Stu Cowan called “one of the worst penalty calls” he has ever seen. You be the judge: This is one of the worst penalty calls I've ever seen ... and that's saying something. https://t.co/lwqqzNu7LM On the ensuing power play, Mika Zibanejad extended New York’s lead to 3-1 with another snipe through traffic. Mika Zibanejad rifles one through on the power-play to extend the Rangers lead! pic.twitter.com/Spil09gB0x Perhaps an even more egregious penalty call occurred when a scrum developed after a Dach wraparound attempt on Jonathan Quick. The Rangers returned to the power play because Juraj Slafkovsky was assessed a double minor despite it being an equal-opportunity kerfuffle between the clubs. Absolute chaos in New York 😳 pic.twitter.com/fURs1nkgjT In the third period, Montreal pulled to within one when Cole Caufield beat Quick five-hole for his 14th goal in 23 games. sournois, le Cole sneaky, sneaky #GoHabsGo pic.twitter.com/xMT71JV0af Suzuki and Caufield teamed up on the game-tying goal nearly 10 minutes later, although this time it was Lane Hutson who delivered the slick setup to the captain. la première passe 🤌 la deuxième 🤌 la finition 🤌 the first pass 🤌 the second pass 🤌 the finish 🤌 #GoHabsGo pic.twitter.com/lITDvHWGIU The Rangers came into the game losers of five straight, and in the third period looked fragile. Unfortunately for the Habs, the Dach penalty with 2:40 remaining halted their building momentum. In the dying moments, Kakko sealed the win for the Rangers after a scramble in front. HEY HEY HEY. What a Finnish. pic.twitter.com/joOySvMu7k Say what you want about the controversial penalties to Anderson and Slafkovsky, but a high stick that draws blood is a double-minor any way you slice it, and Dach was the perpetrator. According to Natural Stat Trick, the Habs lead in scoring chances (27-13) and high-danger chances (15-6) by a comfortable margin, but going 0-3 on the power play while conceding three PP goals did them in. It’s not the norm these days, but have the Canadiens considered putting two defencemen on the top PP unit, namely Matheson and Hutson? They were magical on the tying goal. They also stood atop the team’s report card according to Hockey Stat Cards. #NHL GameScore Impact Card for Montreal Canadiens on 2024-11-30: #GoHabsGo pic.twitter.com/lwzJQehJqm The Liveblog commenters had a lot to say about the officiating, Dach’s struggles and Montreal’s inability to put away a dazed Ranger club.
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