Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Shake Shack, Inc. (NYSE:SHAK). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Shake Shack stock on January 5th. 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):
- Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.
Shake Shack Stock Performance
Shares of NYSE SHAK traded up $0.53 during trading hours on Friday, hitting $93.71. 1,186,907 shares of the company’s stock were exchanged, compared to its average volume of 1,310,535. The company’s 50-day moving average price is $90.19 and its 200-day moving average price is $93.27. Shake Shack, Inc. has a 1-year low of $72.93 and a 1-year high of $144.65. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 91.87, a PEG ratio of 2.90 and a beta of 1.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.84 and a quick ratio of 1.81.
Insiders Place Their Bets
Hedge Funds Weigh In On Shake Shack
A number of hedge funds and other institutional investors have recently made changes to their positions in SHAK. White Pine Capital LLC increased its stake in Shake Shack by 2.0% in the second quarter. White Pine Capital LLC now owns 4,981 shares of the company’s stock valued at $700,000 after acquiring an additional 100 shares during the period. Glenview Trust co boosted its holdings in Shake Shack by 1.5% during the second quarter. Glenview Trust co now owns 6,925 shares of the company’s stock valued at $974,000 after purchasing an additional 100 shares in the last quarter. Keybank National Association OH grew its stake in shares of Shake Shack by 1.8% in the 2nd quarter. Keybank National Association OH now owns 6,079 shares of the company’s stock valued at $855,000 after purchasing an additional 106 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Shake Shack by 12.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 964 shares of the company’s stock worth $91,000 after buying an additional 107 shares in the last quarter. Finally, UMB Bank n.a. lifted its position in shares of Shake Shack by 42.2% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $32,000 after buying an additional 116 shares during the period. 86.07% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Morgan Stanley raised Shake Shack from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $115.00 to $125.00 in a research report on Tuesday, January 20th. JPMorgan Chase & Co. upgraded shares of Shake Shack from an “underweight” rating to a “neutral” rating and cut their target price for the company from $95.00 to $90.00 in a research note on Thursday, December 18th. Raymond James Financial set a $140.00 price target on shares of Shake Shack in a report on Wednesday, January 21st. Truist Financial downgraded shares of Shake Shack from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Finally, Stifel Nicolaus cut their price objective on shares of Shake Shack from $110.00 to $105.00 and set a “hold” rating for the company in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $116.10.
Check Out Our Latest Stock Analysis on SHAK
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.
About Shake Shack
Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.
Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.
Featured Articles
- Five stocks we like better than Shake Shack
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Elon Musk’s $1 Quadrillion AI IPO
- America’s 1776 happening again
- Buy This Stock Now
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Shake Shack Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shake Shack and related companies with MarketBeat.com's FREE daily email newsletter.
