Christopher Pappas Sells 100,000 Shares of Chefs’ Warehouse (NASDAQ:CHEF) Stock

The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) CEO Christopher Pappas sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $110.11, for a total value of $11,011,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,105,480 shares of the company’s stock, valued at $231,834,402.80. This trade represents a 4.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Chefs’ Warehouse Stock Down 0.9%

CHEF stock opened at $107.36 on Thursday. The company has a current ratio of 2.15, a quick ratio of 1.31 and a debt-to-equity ratio of 1.07. The Chefs’ Warehouse, Inc. has a twelve month low of $53.20 and a twelve month high of $117.33. The company’s 50 day moving average is $100.14 and its two-hundred day moving average is $79.90. The stock has a market cap of $4.38 billion, a P/E ratio of 51.12 and a beta of 1.39.

Chefs’ Warehouse (NASDAQ:CHEF) last issued its earnings results on Wednesday, July 29th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.19. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Chefs’ Warehouse had a net margin of 2.09% and a return on equity of 16.95%. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.52 EPS. Research analysts expect that The Chefs’ Warehouse, Inc. will post 2.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

CHEF has been the topic of several research reports. Morgan Stanley raised their price objective on Chefs’ Warehouse from $97.00 to $104.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Weiss Ratings raised Chefs’ Warehouse from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Benchmark raised their price target on Chefs’ Warehouse from $106.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. BTIG Research raised their price target on Chefs’ Warehouse from $100.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, TD Cowen lifted their price target on Chefs’ Warehouse from $110.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.43.

Institutional Investors Weigh In On Chefs’ Warehouse

Large investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership raised its position in Chefs’ Warehouse by 8.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 172,040 shares of the company’s stock worth $10,228,000 after buying an additional 13,318 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Chefs’ Warehouse by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 2,807,801 shares of the company’s stock valued at $175,010,000 after acquiring an additional 58,154 shares in the last quarter. Argent Capital Management LLC purchased a new stake in shares of Chefs’ Warehouse in the first quarter valued at about $546,000. Penn Capital Management Company LLC increased its stake in shares of Chefs’ Warehouse by 14.7% during the fourth quarter. Penn Capital Management Company LLC now owns 264,614 shares of the company’s stock worth $16,538,000 after acquiring an additional 34,011 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Chefs’ Warehouse by 266.6% during the first quarter. Hsbc Holdings PLC now owns 30,240 shares of the company’s stock worth $1,775,000 after acquiring an additional 21,991 shares during the period. Hedge funds and other institutional investors own 91.55% of the company’s stock.

Key Stories Impacting Chefs’ Warehouse

Here are the key news stories impacting Chefs’ Warehouse this week:

• Positive Sentiment: Growth-focused coverage continues to favor CHEF. Zacks identified the specialty food distributor as a top momentum stock for the long term, citing strong recent performance and earnings-growth characteristics. Why Chefs’ Warehouse Is a Top Momentum Stock for the Long Term
• Positive Sentiment: Analysts maintain a generally favorable outlook, with CHEF carrying a consensus “Moderate Buy” rating. Recent target increases from UBS and Benchmark to $125 reinforce the bullish view, while the broader analyst group includes one Strong Buy, five Buys and two Holds. Chefs’ Warehouse Receives Consensus Rating of Moderate Buy
• Positive Sentiment: The company’s latest quarterly results provided a fundamental catalyst: earnings per share of $0.78 exceeded the $0.59 consensus estimate, while revenue increased 12.9% year over year to $1.17 billion. Coverage also highlighted CHEF among strong-performing growth stocks in 2026. Buy-Rated Growth Stocks Have Been Red Hot
• Neutral Sentiment: Institutional investors own approximately 91.6% of CHEF, supporting a strong shareholder base. However, the recently disclosed institutional purchases were small and may not represent a major new source of demand.
• Negative Sentiment: Several insiders sold shares in transactions dated August 14. CEO Christopher Pappas sold 100,000 shares worth about $11.0 million, General Counsel Alexandros Aldous sold 35,000 shares, and Christina Polychroni sold 2,752 shares. The cluster of sales could raise caution after the stock’s strong rally. Chefs’ Warehouse Insider Selling
• Negative Sentiment: Valuation remains demanding, with CHEF trading at a price-to-earnings ratio above 50. The consensus price target of approximately $107.43 is below recent trading levels, increasing the risk of profit-taking if earnings growth slows or sentiment weakens.

Chefs’ Warehouse Company Profile

Chefs’ Warehouse, Inc is a specialty food distributor that supplies a broad range of high‐end ingredients and culinary products to professional chefs, restaurants, hotels, and other foodservice operators. Headquartered in Maspeth, New York, the company sources its portfolio from local artisans, boutique producers and leading global suppliers. Its core offerings include fresh and frozen proteins, specialty cuts of meat and seafood, handcrafted cheeses and charcuterie, seasonal produce, value‐added preparations, pantry staples and premium desserts and beverages.

The company operates a network of distribution centers strategically located in major metropolitan markets across North America.