Expect Equity LLC Makes New $2.02 Million Investment in The Chefs’ Warehouse, Inc. $CHEF

Posted by Brian Himes on Aug 26th, 2026

Expect Equity LLC purchased a new stake in shares of The Chefs’ Warehouse, Inc. (NASDAQ:CHEF – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm purchased 21,048 shares of the company’s stock, valued at approximately $2,023,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PDT Partners LLC purchased a new position in shares of Chefs’ Warehouse in the second quarter worth about $3,275,000. Nicholas Investment Partners LP bought a new stake in shares of Chefs’ Warehouse in the 2nd quarter valued at about $10,038,000. Legal & General Group Plc purchased a new stake in Chefs’ Warehouse during the 2nd quarter valued at about $8,127,000. The Manufacturers Life Insurance Company purchased a new stake in Chefs’ Warehouse during the 2nd quarter valued at about $28,010,000. Finally, Sanctuary Advisors LLC bought a new position in Chefs’ Warehouse during the 2nd quarter worth approximately $252,000. 91.55% of the stock is owned by institutional investors.

Insider Transactions at Chefs’ Warehouse

In related news, insider Christina Polychroni sold 2,752 shares of Chefs’ Warehouse stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $112.00, for a total transaction of $308,224.00. Following the sale, the insider directly owned 22,014 shares in the company, valued at $2,465,568. The trade was a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Christopher Pappas sold 100,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $110.11, for a total value of $11,011,000.00. Following the completion of the sale, the chief executive officer directly owned 2,105,480 shares in the company, valued at approximately $231,834,402.80. The trade was a 4.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 137,752 shares of company stock valued at $15,203,174. Corporate insiders own 11.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CHEF shares. Morgan Stanley lifted their price target on Chefs’ Warehouse from $97.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Zacks Research upgraded shares of Chefs’ Warehouse from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Benchmark lifted their target price on shares of Chefs’ Warehouse from $106.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wall Street Zen upgraded shares of Chefs’ Warehouse from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Weiss Ratings raised shares of Chefs’ Warehouse from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $107.43.

Check Out Our Latest Research Report on CHEF

Chefs’ Warehouse Price Performance

Shares of NASDAQ CHEF opened at $111.78 on Wednesday. The Chefs’ Warehouse, Inc. has a 1 year low of $53.20 and a 1 year high of $117.33. The stock has a market capitalization of $4.56 billion, a P/E ratio of 53.23 and a beta of 1.39. The company’s 50-day moving average is $101.68 and its 200 day moving average is $81.25. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.15 and a quick ratio of 1.31.

Chefs’ Warehouse (NASDAQ:CHEF – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.59 by $0.19. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.12 billion. Chefs’ Warehouse had a net margin of 2.09% and a return on equity of 16.95%. Chefs’ Warehouse’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period last year, the business posted $0.52 earnings per share. On average, sell-side analysts expect that The Chefs’ Warehouse, Inc. will post 2.54 earnings per share for the current year.

Chefs’ Warehouse Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Chefs' Warehouse (NASDAQ:CHEF)

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