Shake Shack (NYSE:SHAK) Shares 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%

Shares of SHAK stock traded up $2.04 during trading hours on Friday, reaching $63.74. 1,405,777 shares of the company’s stock were exchanged, compared to its average volume of 986,049. Shake Shack, Inc. has a fifty-two week low of $51.60 and a fifty-two week high of $107.46. The stock’s 50 day moving average is $65.68 and its 200-day moving average is $74.10. The company has a current ratio of 1.67, a quick ratio of 1.64 and a debt-to-equity ratio of 0.43. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 67.81, a P/E/G ratio of 7.03 and a beta of 1.66.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.12. The firm had revenue of $417.62 million for the quarter, compared to the consensus estimate of $417.18 million. Shake Shack had a net margin of 2.56% and a return on equity of 9.29%. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.44 earnings per share. Analysts predict that Shake Shack, Inc. will post 1.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Shake Shack

Hedge funds have recently modified their holdings of the company. California State Teachers Retirement System increased its stake in Shake Shack by 5,410.3% during the second quarter. California State Teachers Retirement System now owns 2,459,558 shares of the company’s stock worth $137,784,000 after acquiring an additional 2,414,922 shares during the last quarter. Swedbank AB purchased a new position in Shake Shack during the fourth quarter worth about $84,092,000. Adage Capital Partners GP L.L.C. purchased a new position in Shake Shack during the fourth quarter worth about $40,829,000. Wellington Management Group LLP increased its position in shares of Shake Shack by 21.0% during the third quarter. Wellington Management Group LLP now owns 2,590,911 shares of the company’s stock valued at $242,535,000 after acquiring an additional 450,406 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of Shake Shack by 285.2% during the third quarter. Marshall Wace LLP now owns 586,999 shares of the company’s stock valued at $54,949,000 after acquiring an additional 434,625 shares during the last quarter. Hedge funds and other institutional investors own 86.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SHAK. Zacks Research raised shares of Shake Shack from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 5th. Morgan Stanley set a $74.00 price objective on Shake Shack in a research report on Thursday, August 6th. Jefferies Financial Group reissued a “hold” rating and set a $66.00 price target on shares of Shake Shack in a report on Tuesday, June 2nd. Raymond James Financial cut Shake Shack from a “strong-buy” rating to an “outperform” rating and dropped their target price for the company from $125.00 to $85.00 in a research report on Wednesday, June 3rd. Finally, Piper Sandler reduced their target price on Shake Shack from $79.00 to $66.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Sixteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.

About Shake Shack

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.