Nano Cap New Millennium Growth Fund L P Takes Position in Shake Shack, Inc. $SHAK

Posted by George Bondi on May 22nd, 2026

Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Shake Shack, Inc. (NYSE:SHAK – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,000 shares of the company’s stock, valued at approximately $1,136,000.

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in Shake Shack in the 1st quarter worth about $26,000. Assetmark Inc. increased its holdings in Shake Shack by 457.6% in the 4th quarter. Assetmark Inc. now owns 368 shares of the company’s stock worth $30,000 after buying an additional 302 shares in the last quarter. Murphy & Mullick Capital Management Corp increased its holdings in Shake Shack by 68.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 418 shares of the company’s stock worth $38,000 after buying an additional 170 shares in the last quarter. Advisory Services Network LLC bought a new stake in Shake Shack in the 3rd quarter worth about $38,000. Finally, IFP Advisors Inc increased its holdings in Shake Shack by 6,140.0% in the 4th quarter. IFP Advisors Inc now owns 624 shares of the company’s stock worth $51,000 after buying an additional 614 shares in the last quarter. 86.07% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Jeffrey Flug acquired 1,000 shares of the stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of $61.30 per share, with a total value of $61,300.00. Following the transaction, the director directly owned 5,470 shares in the company, valued at approximately $335,311. This represents a 22.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Daniel Harris Meyer acquired 32,258 shares of the stock in a transaction dated Friday, May 15th. The shares were bought at an average cost of $61.88 per share, for a total transaction of $1,996,125.04. Following the completion of the transaction, the director owned 378,670 shares in the company, valued at approximately $23,432,099.60. This represents a 9.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 50,616 shares of company stock worth $3,109,782. 8.32% of the stock is currently owned by corporate insiders.

Shake Shack Trading Down 0.9%

Shares of NYSE:SHAK opened at $62.90 on Friday. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 64.18, a PEG ratio of 2.62 and a beta of 1.78. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.66 and a current ratio of 1.69. The stock’s 50-day simple moving average is $87.73 and its two-hundred day simple moving average is $88.99. Shake Shack, Inc. has a 52-week low of $59.49 and a 52-week high of $144.65.

Shake Shack (NYSE:SHAK – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.11). The firm had revenue of $366.74 million during the quarter, compared to analysts’ expectations of $372.43 million. Shake Shack had a return on equity of 9.62% and a net margin of 2.76%.The company’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 earnings per share. Analysts expect that Shake Shack, Inc. will post 1.24 EPS for the current year.

Analyst Ratings Changes

SHAK has been the subject of several research analyst reports. Wells Fargo & Company reduced their price objective on Shake Shack from $100.00 to $80.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. Stifel Nicolaus upgraded Shake Shack from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $105.00 to $85.00 in a report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating on shares of Shake Shack in a report on Friday, May 8th. DA Davidson set a $85.00 price objective on Shake Shack in a report on Friday, May 8th. Finally, Piper Sandler set a $79.00 target price on Shake Shack in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $107.08.

Get Our Latest Report on Shake Shack

Shake Shack Company Profile

(Free Report)

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.