Analyst Activity – Wedbush Reiterates Hold on NYSE:SHAK – Shake Shack (NYSE:SHAK)

Analyst Ratings For NYSE:SHAK – Shake Shack (NYSE:SHAK)

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Today, Wedbush reiterated its Hold rating on NYSE:SHAK – Shake Shack (NYSE:SHAK) with a price target of $48.00.

Some recent analyst ratings include

  • 5/4/2018-Wedbush Reiterated Rating of Hold.
  • 12/30/2017-Jefferies Group was Downgraded by analysts at Jefferies Group from a “Hold ” rating to a ” Underperform” rating. They now have a $36.00 price target on the stock.
  • 12/7/2017-Morgan Stanley Upgrade from a “Underweight ” rating to a ” Equal Weight” rating.
  • 5/24/2017-Piper Jaffray initiated coverage with a Overweight rating.

Recent Insider Trading Activity For NYSE:SHAK – Shake Shack (NYSE:SHAK)
NYSE:SHAK – Shake Shack (NYSE:SHAK) has insider ownership of 34.91% and institutional ownership of 81.73%.

  • On 5/1/2018 Daniel Harris Meyer, Director, sold 10,000 with an average share price of $46.93 per share and the total transaction amounting to $469,300.00.
  • On 4/26/2018 Randall J Garutti, CEO, sold 20,000 with an average share price of $44.98 per share and the total transaction amounting to $899,600.00.
  • On 3/26/2018 Randall J Garutti, CEO, sold 20,000 with an average share price of $41.01 per share and the total transaction amounting to $820,200.00.
  • On 3/12/2018 Jeffrey Flug, Director, sold 25,000 with an average share price of $42.36 per share and the total transaction amounting to $1,059,000.00.
  • On 3/7/2018 Jeffrey Flug, Director, sold 15,904 with an average share price of $41.31 per share and the total transaction amounting to $656,994.24.
  • On 3/5/2018 Jeffrey Flug, Director, sold 40,000 with an average share price of $40.32 per share and the total transaction amounting to $1,612,800.00.
  • On 3/2/2018 Jeffrey Flug, Director, sold 62,720 with an average share price of $39.12 per share and the total transaction amounting to $2,453,606.40.

Recent Trading Activity for NYSE:SHAK – Shake Shack (NYSE:SHAK)
Shares of NYSE:SHAK – Shake Shack closed the previous trading session at 57.85 up +10.44 22.02% with 52.869998931884766 shares trading hands.

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