Shake Shack (NYSE:SHAK) Stock Purchased Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Shake Shack, Inc. (NYSE:SHAK). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Shake Shack stock on August 11th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Shake Shack Stock Up 3.3%

Shake Shack stock traded up $2.04 during mid-day trading on Friday, hitting $63.74. The company had a trading volume of 1,405,777 shares, compared to its average volume of 986,049. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 67.81, a PEG ratio of 6.82 and a beta of 1.66. Shake Shack, Inc. has a 1 year low of $51.60 and a 1 year high of $107.46. The company has a quick ratio of 1.64, a current ratio of 1.67 and a debt-to-equity ratio of 0.43. The business has a fifty day moving average of $65.68 and a 200 day moving average of $74.10.

Shake Shack (NYSE:SHAK) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.12. Shake Shack had a net margin of 2.56% and a return on equity of 9.29%. The company had revenue of $417.62 million for the quarter, compared to analysts’ expectations of $417.18 million. During the same quarter last year, the company earned $0.44 earnings per share. The firm’s revenue for the quarter was up 17.2% on a year-over-year basis. On average, sell-side analysts expect that Shake Shack, Inc. will post 1.12 earnings per share for the current fiscal year.

Institutional Trading of Shake Shack

Several hedge funds have recently made changes to their positions in SHAK. Integrated Wealth Concepts LLC acquired a new position in shares of Shake Shack during the second quarter worth about $47,000. Hedeker Wealth LLC purchased a new position in Shake Shack during the second quarter worth about $2,843,000. IFP Advisors Inc lifted its position in Shake Shack by 43.0% in the second quarter. IFP Advisors Inc now owns 924 shares of the company’s stock valued at $52,000 after purchasing an additional 278 shares during the period. Nykredit A S purchased a new stake in Shake Shack in the 2nd quarter valued at approximately $123,000. Finally, California State Teachers Retirement System increased its position in Shake Shack by 5,410.3% during the 2nd quarter. California State Teachers Retirement System now owns 2,459,558 shares of the company’s stock worth $137,784,000 after purchasing an additional 2,414,922 shares during the period. Institutional investors and hedge funds own 86.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SHAK. Citigroup reaffirmed a “buy” rating on shares of Shake Shack in a report on Wednesday, June 3rd. Raymond James Financial lowered Shake Shack from a “strong-buy” rating to an “outperform” rating and lowered their price target for the stock from $125.00 to $85.00 in a report on Wednesday, June 3rd. Piper Sandler dropped their price target on Shake Shack from $79.00 to $66.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. Wells Fargo & Company reduced their price objective on Shake Shack from $80.00 to $65.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 3rd. Finally, Zacks Research raised Shake Shack from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. Sixteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $89.71.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Shake Shack Company Profile

Shake Shack Inc (NYSE: SHAK) operates a global chain of fast-casual restaurants known for made-to-order burgers, chicken sandwiches, hot dogs, crinkle-cut fries, frozen custard, shakes, and other beverages. Its menu also includes beer and wine at select locations, with an emphasis on premium ingredients and hospitality-focused service.

The company traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 as part of a park revitalization project. The first permanent Shake Shack restaurant opened in the park in 2004.