Charles J. Chapman III, Director at Shake Shack Inc. (SHAK), bought 2,000 shares at $61.32 ($123K) on 2026-05-15, disclosed to the SEC on 2026-05-18.
Director Charles J. Chapman III purchased 1,000 shares at $61.32, marking the largest insider purchase in the company's history. This move comes as the stock has crashed nearly 50% over the last year, potentially signaling a contrarian bet on the turnaround.
The stock is currently trading at $59.69, down 7.41% over the last five days and down 42.46% over the past month. It is trading just 0.32% above its 52-week low of $59.50, having lost nearly 50% of its value over the last year.
Catalysts include the Q1 earnings call on May 18, where management noted sales growth despite weather headwinds, and the fact that this represents the largest insider purchase in the company's history. Additionally, the industry is currently net buying with a 90-day buy percentage of 5.33%.
The stock carries significant risk due to a short interest of 18.88% of the float and a history of missing analyst estimates, as seen when shares crashed 32% following the Q1 release. Furthermore, macroeconomic headwinds like hot CPI data are exacerbating the consumer income squeeze affecting restaurant stocks.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $61.32 | 220 | $13K | 11.0% |
| 2 | $61.32 | 1,000 | $61K | 50.0% |
| 3 | $61.43 | 780 | $48K | 39.0% |
| Total | $61.36 avg | 2,000 | $123K | 100% |
| Filing → |
| PNRA | BUY | 2010-04-15 | $8K | — | Filing → |
| PNRA | BUY | 2010-01-06 | $8K | — | Filing → |
| PNRA | BUY | 2009-10-05 | $8K | — | Filing → |