On November 5, 2024, Katherine Fogertey, the Chief Financial Officer of Shake Shack Inc (SHAK, Financial), sold 3,858 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 32,001 shares of Shake Shack Inc.
Shake Shack Inc operates as a modern day “roadside” burger stand. The company offers a menu of burgers, hot dogs, crispy chicken, frozen custard, crinkle cut fries, shakes, beer, wine, and more. It is known for its quality ingredients and distinct community gathering experience.
Over the past year, Katherine Fogertey has sold a total of 7,074 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend seen within the company, where there have been 24 insider sells and no insider buys over the past year.
Shares of Shake Shack Inc were trading at $125.78 on the day of the sale. The company has a market cap of approximately $5.28 billion. The price-earnings ratio stands at 775.65, significantly higher than both the industry median of 22.3 and the company's historical median.
According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Shake Shack Inc is currently significantly overvalued. The GF Value of $87.94 compared to the current price results in a price-to-GF-Value ratio of 1.43.
This valuation assessment is based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction could be of interest to current and potential investors, providing insights into insider confidence and valuation perspectives at current price levels.
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.
