Shake Shack (SHAK)

SSE Holdings, LLC • Shake Shack Enterprises, LLC • Shake Shack Enterprises International, LLC • SSE IP, LLC • Shake Shack Domestic Licensing LLC • Shake Shack Mobile LLC • Shake Shack Texas Management Company LLC • Shake Shack Texas Holding Company LLC • Shake Shack Texas Beverage Company LLC ...

SHAK stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$133.00

Low target

$110.00

High target

$154.00

Barclays

Maintains

Equal-Weight

$125.00

31 Oct 24

Latest filings (excl ownership)

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8-K

Shake Shack Provides Fourth Quarter 2024 Business Update and Long-Term Targets

31 Oct 24

Shake Shack Announces Third Quarter 2024 Financial Results

30 Oct 24

8-K

Cost Associated with Exit or Disposal Activities

2 Aug 24

Shake Shack Announces Second Quarter 2024 Financial Results

1 Aug 24

8-K

Departure of Directors or Certain Officers

21 Jun 24

S-8

Registration of securities for employees

17 Jun 24

8-K

Departure of Directors or Certain Officers

13 Jun 24

S-3ASR

Automatic shelf registration

6 Jun 24

Transcripts

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SHAK

Earnings call transcript

2024 Q3

30 Oct 24

SHAK

Earnings call transcript

2024 Q2

1 Aug 24

SHAK

Earnings call transcript

2024 Q1

2 May 24

SHAK

Earnings call transcript

2023 Q4

15 Feb 24

SHAK

Earnings call transcript

2023 Q3

2 Nov 23

SHAK

Earnings call transcript

2023 Q2

3 Aug 23

SHAK

Earnings call transcript

2023 Q2

3 Aug 23

SHAK

Earnings call transcript

2023 Q1

4 May 23

SHAK

Earnings call transcript

2022 Q4

16 Feb 23

SHAK

Earnings call transcript

2022 Q3

3 Nov 22

Latest ownership filings

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Daniel Harris Meyer

10 Jan 25

Katherine Irene Fogertey

13 Dec 24

Katherine Irene Fogertey

8 Nov 24

Daniel Harris Meyer

8 Nov 24

Katherine Irene Fogertey

Katherine Irene Fogertey

4 Oct 24

144

Notice of proposed sale of securities

2 Oct 24

Financial summary

Financial statements Chart SHAK financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	310.87 mm	310.87 mm	310.87 mm	310.87 mm	310.87 mm	310.87 mm
Cash burn (monthly)	(no burn)	(no burn)	6.00 mm	16.75 k	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	25.08 mm	70.07 k	n/a	n/a
Cash remaining	n/a	n/a	285.78 mm	310.79 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	47.7	18554.9	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Shake Shack earnings reports.

Institutional ownership, Q3 2024

SHAK institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	349	347	+0.6%
Opened positions	52	52	–
Closed positions	50	52	-3.8%
Increased positions	121	122	-0.8%
Reduced positions	107	110	-2.7%

13F shares	Current	Prev Q	Change
Total value	3.71 tn	3.20 tn	+15.8%
Total shares	41.89 mm	41.40 mm	+1.2%
Total puts	1.21 mm	1.31 mm	-7.7%
Total calls	807.42 k	773.40 k	+4.4%
Total put/call ratio	1.5	1.7	-11.6%

Largest owners	Shares	Value	Change
BlackRock	5.90 mm	$609.42 bn	NEW
Vanguard	4.38 mm	$451.66 bn	+0.0%
Meyer Daniel Harris	3.17 mm	$222.60 mm	0.0%
12 West Capital Management	1.79 mm	$185.07 bn	0.0%
Gilder Gagnon Howe & Co	1.50 mm	$154.50 bn	-4.5%
STT State Street	1.45 mm	$149.94 bn	+3.5%
Wellington Management	1.22 mm	$126.07 bn	-4.7%
IVZ Invesco	952.75 k	$98.33 bn	-10.4%
Holocene Advisors	946.35 k	$97.67 bn	+68.3%
Geode Capital Management	876.38 k	$90.47 bn	+3.1%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-5.94 mm	EXIT
BlackRock	5.90 mm	+5.90 mm	NEW
Balyasny Asset Management	697.31 k	+697.31 k	NEW
Mane Global Capital Management	602.13 k	+602.13 k	NEW
Point72 Asset Management	650.68 k	+395.31 k	+154.8%
BNP Paribas Asset Management Holding	384.43 k	+384.43 k	NEW
Holocene Advisors	946.35 k	+384.13 k	+68.3%
D. E. Shaw & Co.	2.54 k	-305.45 k	-99.2%
Engaged Capital	0.00	-266.88 k	EXIT
Lord, Abbett & Co.	0.00	-256.01 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SHAK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
7 Jan 25	Meyer Daniel Harris	Class A Common Stock, par value $0.001 per share	Option exercise	Acquire M	No	No	21	8,251	173.27 k	11,209
7 Jan 25	Meyer Daniel Harris	Stock Option CLASS A COMMON STOCK	Option exercise	Dispose M	No	No	21	8,251	173.27 k	0
12 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	137.47	34	4.67 k	30,075
12 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	136.0514	108	14.69 k	30,109
12 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	135.2369	500	67.62 k	30,217
11 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	137.9123	103	14.20 k	30,717
11 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	137.3376	218	29.94 k	30,820
11 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	137.9089	88	12.14 k	31,038
11 Dec 24	Katherine Irene Fogertey	CLASS A COMMON STOCK	Sell	Dispose S	No	Yes	137.3522	233	32.00 k	31,126
6 Nov 24	Meyer Daniel Harris	Class A Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	Yes	132.4397	1,579	209.12 k	380,437