Josh Silverman, Director at Shake Shack Inc. (SHAK), bought 8,290 shares at $60.37 ($501K) on 2026-05-15, disclosed to the SEC on 2026-05-18.
Director Josh Silverman purchased 8,190 shares for $494k at $60.37, 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 remains 58.73% below its 52-week high of $144.65 but is only 0.32% above its 52-week low of $59.50.
Largest insider purchase ever ($494k) on May 15, 2026.
Short interest is 18.88% of the float, indicating significant bearish sentiment. The stock crashed 32% to $69.24 in the week following the earnings miss.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $60.37 | 8,190 | $494K | 98.8% |
| 2 | $61.21 | 100 | $6K | 1.2% |
| Total | $60.38 avg | 8,290 | $501K | 100% |
| Filing → |
| ETSY | SELL | 2026-10-05 | $151K | — | Filing → |
| ETSY | SELL | 2026-08-06 | $529K | — | Filing → |
| ETSY | SELL | 2026-08-04 | $3.4M | — | Filing → |