SHAKNYSERetail-Eating & Drinking PlacesFiscal year ends December 31
Shake Shack Inc.
Financials through Q2 FY2026, quarter ended Jul 1, 2026Last filing: 10-Q on Aug 5, 2026
$71.87+1.88 (+2.69%)
Close on Oct 19, 2026
- Market cap
- $3.01B
- P/E (TTM)
- 76.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
86.2%
37M of 43M shares
Institutional holders
339
69 new, 95 sold out
Net institutional buying
-6M
In Q2 2026
Insider trades, 12 months
9 buys · 6 sales
Net bought $3.05M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 5,747,239 | 14.30% | 13G (passive) amendment | Mar 31, 2025 |
| Wellington Management Company LLP | 2,625,559 | 6.00% | 13G (passive) | Mar 31, 2025 |
| Vanguard Portfolio Management | 2,334,032 | 5.79% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 2,033,412 | 5.05% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SHAK | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,178,269 | 14.44% | $346.11M | +423,960 | 0.01% |
| Vanguard Portfolio Management LLC | 2,401,940 | 5.61% | $134.56M | +101,715 | 0.01% |
| Vanguard Capital Management LLC | 1,751,672 | 4.09% | $98.13M | +16,987 | 0.00% |
| State Street Corp | 1,570,690 | 3.67% | $87.99M | +85,021 | 0.00% |
| Marshall Wace, Llp | 1,386,728 | 3.24% | $77.68M | +494,044 | 0.06% |
| UBS Group AG | 1,347,542 | 3.15% | $75.49M | +452,876 | 0.01% |
| Morgan Stanley | 1,078,044 | 2.52% | $60.39M | +613,431 | 0.00% |
| Van Berkom & Associates Inc. | 1,058,157 | 2.47% | $59.28K | −640,463 | 1.91% |
| Bamco Inc /Ny/ | 1,035,680 | 2.42% | $58.02M | New | 0.09% |
| Geode Capital Management, LLC | 1,005,086 | 2.35% | $56.32M | +57,606 | 0.00% |
| JPMorgan Chase & Co | 910,546 | 2.13% | $49.98M | +176,205 | 0.00% |
| Nomura Holdings Inc | 902,096 | 2.11% | $50.54M | New | 0.06% |
| 12 West Capital Management LP | 863,411 | 2.02% | $48.37M | −380,184 | 9.05% |
| Dimensional Fund Advisors LP | 723,226 | 1.69% | $40.51M | +53,115 | 0.01% |
| Goldman Sachs Group Inc | 658,098 | 1.54% | $36.87M | −389,167 | 0.00% |
| Fisher Asset Management, LLC | 625,264 | 1.46% | $35.03M | −52,982 | 0.01% |
| FMR LLC | 516,204 | 1.21% | $28.92M | +73,949 | 0.00% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 493,988 | 1.15% | $27.67M | −98,682 | 0.03% |
| Quinn Opportunity Partners LLC | 441,560 | 1.03% | $24.74M | +356,082 | 1.15% |
| Assenagon Asset Management S.A. | 435,234 | 1.02% | $24.38M | +404,258 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 339 | 37M | 86.2% | 69 / 135 | 92 / 95 | 9M | 15M |
| Q1 2026 | 371 | 43M | 100.0% | 67 / 128 | 121 / 48 | 13M | 8M |
| Q4 2025 | 358 | 43M | 99.7% | 67 / 105 | 143 / 56 | 7M | 7M |
| Q3 2025 | 354 | 42M | 98.9% | 46 / 136 | 124 / 73 | 6M | 7M |
| Q2 2025 | 385 | 43M | 100.0% | 86 / 146 | 117 / 66 | 7M | 6M |
| Q1 2025 | 368 | 41M | 96.5% | 68 / 133 | 115 / 66 | 7M | 5M |
| Q4 2024 | 371 | 40M | 92.7% | 77 / 120 | 115 / 47 | 6M | 4M |
| Q3 2024 | 345 | 39M | 90.7% | 52 / 121 | 111 / 43 | 10M | 4M |
| Q2 2024 | 341 | 38M | 89.6% | 42 / 125 | 114 / 47 | 5M | 5M |
| Q1 2024 | 350 | 38M | 88.0% | 97 / 98 | 110 / 30 | 5M | 5M |
| Q4 2023 | 285 | 37M | 87.2% | 43 / 88 | 102 / 47 | 6M | 5M |
| Q3 2023 | 294 | 36M | 84.5% | 57 / 87 | 95 / 46 | 5M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SHAK | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,431,463 | 5.68% | $136.21M | 0.12% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,219,083 | 2.85% | $68.29M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,027,549 | 2.40% | $57.56M | 0.07% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 877,914 | 2.05% | $49.18M | 0.03% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 508,424 | 1.19% | $28.48M | 0.06% | Jun 30, 2026 |
| Baron Small Cap Fund | 500,000 | 1.17% | $28.01M | 0.98% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 463,160 | 1.08% | $25.95M | 0.03% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 432,401 | 1.01% | $27.13M | 0.08% | Jul 31, 2026 |
| Baron Discovery Fund | 375,000 | 0.88% | $21.01M | 1.15% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 371,261 | 0.87% | $20.80M | 0.12% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 365,227 | 0.85% | $20.46M | 0.13% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 362,750 | 0.85% | $20.32M | 0.25% | Jun 30, 2026 |
| JPMorgan Small Cap Equity Fund | 311,046 | 0.73% | $17.42M | 0.61% | Jun 30, 2026 |
| Fidelity Enhanced Small Cap Core ETF | 285,090 | 0.67% | $15.97M | 0.28% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 266,313 | 0.62% | $14.92M | 0.13% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Robert Lynch | Chief Executive Officer, Director | 74,158 | 0.17% | May 27, 2026 |
| Stephanie Ann Sentell | Chief Operations Officer | 14,445 | 0.03% | Jul 17, 2026 |
| Michelle Greig Hook | Chief Financial Officer | 20,548 | 0.05% | Jun 17, 2026 |
| Shack Inc. Shake | Corporate Controller | 4,664 | 0.01% | Mar 4, 2026 |
| Peter M. Herpich | Corporate Controller | 167 | 0.00% | Feb 25, 2026 |
| Katherine Irene Fogertey | Chief Financial Officer | 30,117 | 0.07% | Jul 17, 2025 |
| Christiane Pendarvis | Director | 2,480 | 0.01% | Jul 7, 2026 |
| Daniel Harris Meyer | Director, 10% owner | 2,557,035 | 5.97% | Jun 12, 2026 |
| Tristan Walker | Director | 8,311 | 0.02% | Jun 12, 2026 |
| Jeffrey Flug | Director, 10% owner | 8,361 | 0.02% | Jun 12, 2026 |
| Lori A. George | Director | 6,274 | 0.01% | Jun 12, 2026 |
| Charles J. Chapman III | Director | 10,464 | 0.02% | Jun 12, 2026 |
| Jeffrey D. Lawrence | Director | 9,378 | 0.02% | Jun 12, 2026 |
| Sumaiya Balbale | Director | 17,905 | 0.04% | Jun 12, 2026 |
| Josh Silverman | Director | 18,187 | 0.04% | May 18, 2026 |
| Audrey H. Meyer | Director, 10% owner | 6,175,087 | 14.43% | Jul 3, 2025 |
| H. Meyer 2012 Gift Trust U/A/D 10/31/12 Daniel | Director, 10% owner | 349,303 | 0.82% | Jul 3, 2025 |
| Michael C. McQuinn | Director, 10% owner | 2,260,360 | 5.28% | Jul 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Stephanie Ann Sentell Chief Operations Officer | Jul 15, 2026 | Tax withholding | −639 | $60.00 | $38.34K | 14,445 |
| Christiane Pendarvis Director | Jul 2, 2026 | Award | +2,480 | – | – | 2,480 |
| Michelle Greig Hook Chief Financial Officer | Jun 15, 2026 | Award | +20,548 | – | – | 20,548 |
| Daniel Harris Meyer Director, 10% owner | Jun 10, 2026 | Award | +6,333 | $54.48 | $345.02K | 7,792 |
| Lori A. George Director | Jun 10, 2026 | Award | +2,754 | $54.48 | $150.04K | 6,274 |
| Jeffrey D. Lawrence Director | Jun 10, 2026 | Award | +4,589 | $54.48 | $250.01K | 9,378 |
| Sumaiya Balbale Director | Jun 10, 2026 | Award | +4,498 | $54.48 | $245.05K | 17,905 |
| Charles J. Chapman III Director | Jun 10, 2026 | Award | +4,039 | $54.48 | $220.04K | 8,464 |
| Jeffrey Flug Director, 10% owner | Jun 10, 2026 | Award | +2,891 | $54.48 | $157.50K | 8,361 |
| Tristan Walker Director | Jun 10, 2026 | Award | +2,570 | $54.48 | $140.01K | 8,311 |
| Robert Lynch Chief Executive Officer, Director | May 23, 2026 | Tax withholding | −3,687 | $62.72 | $231.25K | 74,158 |
| Robert Lynch Chief Executive Officer, Director | May 23, 2026 | Tax withholding | −2,305 | $62.72 | $144.57K | 71,853 |
| Charles J. Chapman III Director | May 15, 2026 | Buy | +780 | $61.43 | $47.92K | 780 |
| Charles J. Chapman III Director | May 15, 2026 | Buy | +1,000 | $61.32 | $61.32K | 1,000 |
| Charles J. Chapman III Director | May 15, 2026 | Buy | +220 | $61.32 | $13.49K | 220 |
| Robert Lynch Chief Executive Officer, Director | May 15, 2026 | Buy | +5,000 | $60.39 | $301.95K | 77,845 |
| Sumaiya Balbale Director | May 15, 2026 | Buy | +4,068 | $61.42 | $249.86K | 13,407 |
| Jeffrey Flug Director, 10% owner | May 15, 2026 | Buy | +1,000 | $61.30 | $61.30K | 5,470 |
| Daniel Harris Meyer Director, 10% owner | May 15, 2026 | Buy | +32,258 | $61.88 | $2.00M | 378,670 |
| Josh Silverman Director | May 15, 2026 | Buy | +8,190 | $60.37 | $494.43K | 8,190 |
| Josh Silverman Director | May 15, 2026 | Buy | +100 | $61.21 | $6.12K | 8,290 |
| Stephanie Ann Sentell Chief Operations Officer | Apr 15, 2026 | Sale(10b5-1 plan) | −258 | $102.21 | $26.37K | 15,084 |
| Stephanie Ann Sentell Chief Operations Officer | Mar 6, 2026 | Sale(10b5-1 plan) | −225 | $93.60 | $21.06K | 15,342 |
| Shack Inc. Shake Corporate Controller | Mar 1, 2026 | Award | +1,059 | – | – | 4,664 |
| Shack Inc. Shake Corporate Controller | Mar 1, 2026 | Tax withholding | −173 | $96.01 | $16.61K | 748 |
| Shack Inc. Shake Corporate Controller | Mar 1, 2026 | Award | +267 | – | – | 4,931 |
| Shack Inc. Shake Corporate Controller | Mar 1, 2026 | Tax withholding | −151 | $96.01 | $14.50K | 4,780 |
| Shack Inc. Shake Corporate Controller | Mar 1, 2026 | Tax withholding | −132 | $96.01 | $12.67K | 568 |
| Stephanie Ann Sentell Chief Operations Officer | Mar 1, 2026 | Award | +6,397 | – | – | 15,904 |
| Stephanie Ann Sentell Chief Operations Officer | Mar 1, 2026 | Tax withholding | −337 | $96.01 | $32.36K | 15,567 |
| Robert Lynch Chief Executive Officer, Director | Mar 1, 2026 | Tax withholding | −1,933 | $96.01 | $185.59K | 72,845 |
| Robert Lynch Chief Executive Officer, Director | Mar 1, 2026 | Award | +26,685 | – | – | 74,778 |
| Stephanie Ann Sentell Chief Operations Officer | Jan 20, 2026 | Sale(10b5-1 plan) | −200 | $99.19 | $19.84K | 9,507 |
| Daniel Harris Meyer Director, 10% owner | Jan 7, 2026 | Option exercise | +2,003 | $34.62 | $69.34K | 13,322 |
| Stephanie Ann Sentell Chief Operations Officer | Dec 19, 2025 | Sale(10b5-1 plan) | −200 | $85.78 | $17.16K | 9,707 |
| Stephanie Ann Sentell Chief Operations Officer | Nov 25, 2025 | Sale(10b5-1 plan) | −900 | $85.03 | $76.53K | 10,107 |
| Stephanie Ann Sentell Chief Operations Officer | Nov 25, 2025 | Sale(10b5-1 plan) | −200 | $85.65 | $17.13K | 9,907 |
| Stephanie Ann Sentell Chief Operations Officer | Jul 15, 2025 | Tax withholding | −643 | $137.12 | $88.17K | 11,007 |
| Katherine Irene Fogertey Chief Financial Officer | Jul 15, 2025 | Tax withholding | −2,378 | $137.12 | $326.07K | 30,117 |
| Katherine Irene Fogertey Chief Financial Officer | Jul 8, 2025 | Sale(10b5-1 plan) | −670 | $140.03 | $93.82K | 32,495 |
| Katherine Irene Fogertey Chief Financial Officer | Jul 7, 2025 | Sale(10b5-1 plan) | −1,243 | $141.72 | $176.16K | 33,253 |
| Katherine Irene Fogertey Chief Financial Officer | Jul 7, 2025 | Sale(10b5-1 plan) | −88 | $142.03 | $12.50K | 33,165 |
| Katherine Irene Fogertey Chief Financial Officer | Jul 7, 2025 | Sale(10b5-1 plan) | −692 | $140.40 | $97.16K | 34,496 |
| H. Meyer 2012 Gift Trust U/A/D 10/31/12 Daniel Director, 10% owner | Jul 2, 2025 | Sale(10b5-1 plan) | −14,200 | $140.31 | $1.99M | 337,984 |
| H. Meyer 2012 Gift Trust U/A/D 10/31/12 Daniel Director, 10% owner | Jul 1, 2025 | Sale(10b5-1 plan) | −3,400 | $137.78 | $468.45K | 364,584 |
| H. Meyer 2012 Gift Trust U/A/D 10/31/12 Daniel Director, 10% owner | Jul 1, 2025 | Sale(10b5-1 plan) | −5,200 | $138.44 | $719.89K | 359,384 |
| H. Meyer 2012 Gift Trust U/A/D 10/31/12 Daniel Director, 10% owner | Jul 1, 2025 | Sale(10b5-1 plan) | −6,377 | $140.01 | $892.84K | 353,007 |
| H. Meyer 2012 Gift Trust U/A/D 10/31/12 Daniel Director, 10% owner | Jul 1, 2025 | Sale(10b5-1 plan) | −823 | $140.36 | $115.52K | 352,184 |
| Daniel Harris Meyer Director, 10% owner | Jun 26, 2025 | Sale(10b5-1 plan) | −20,000 | $140.07 | $2.80M | 367,984 |
| Daniel Harris Meyer Director, 10% owner | Jun 20, 2025 | Gift | −3,435 | – | – | 346,412 |
| Katherine Irene Fogertey Chief Financial Officer | Jun 13, 2025 | Sale(10b5-1 plan) | −228 | $124.12 | $28.30K | 35,522 |
| Katherine Irene Fogertey Chief Financial Officer | Jun 13, 2025 | Sale(10b5-1 plan) | −263 | $125.15 | $32.91K | 35,259 |
| Katherine Irene Fogertey Chief Financial Officer | Jun 13, 2025 | Sale(10b5-1 plan) | −71 | $126.04 | $8.95K | 35,188 |
| Katherine Irene Fogertey Chief Financial Officer | Jun 12, 2025 | Sale(10b5-1 plan) | −2,822 | $127.76 | $360.54K | 35,778 |
| Katherine Irene Fogertey Chief Financial Officer | Jun 12, 2025 | Sale(10b5-1 plan) | −1,106 | $126.80 | $140.24K | 38,600 |
| Katherine Irene Fogertey Chief Financial Officer | Jun 12, 2025 | Sale(10b5-1 plan) | −28 | $128.27 | $3.59K | 35,750 |
| Michael C. McQuinn 10% owner | Jun 5, 2025 | Sale(10b5-1 plan) | −10,000 | $130.26 | $1.30M | 386,636 |
| Lori A. George Director | Jun 4, 2025 | Award | +1,044 | $126.95 | $132.54K | 3,520 |
| Jeffrey Flug Director, 10% owner | Jun 4, 2025 | Award | +1,123 | $126.95 | $142.56K | 4,470 |
| Michael C. McQuinn 10% owner | Jun 4, 2025 | Award | +1,458 | $126.95 | $185.09K | 12,667 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Stephanie Ann Sentell Officer | Apr 15, 2026 | 258 | $26.37K | Apr 15, 2026 | Restricted Stock Units |
| Stephanie Ann Sentell Officer | Mar 6, 2026 | 225 | $19.75K | Mar 6, 2026 | Restricted Stock Units |
| Stephanie Ann Sentell Officer | Nov 25, 2025 | 1,500 | $131.69K | Nov 25, 2025 | Restricted Stock Units |
| Fogertey Katherine Officer | Jul 7, 2025 | 4,695 | $659.22K | Jul 7, 2025 | Acquired as compensation -- Performance Awards |
| Fogertey Katherine Officer | Jun 12, 2025 | 4,518 | $579.03K | Jun 12, 2025 | Acquired as compensation -- Restricted Stock Units |
| Meyer Daniel Affiliate | May 30, 2025 | 100,000 | $12.66M | May 30, 2025 | Acquired by Daniel H. Meyer Gift Trust in the merger of Gramercy Tavern into SHAK and subsequently transferred on September 5, 2019 to Daniel H Meyer Investment Trust see more details in remarks |
| Fogertey Katherine Officer | May 13, 2025 | 180 | $20.51K | May 13, 2025 | Acquired as compensation -- Restricted Stock Units |
| Fogertey Katherine Officer | Oct 2, 2024 | 6,426 | $674.09K | Oct 2, 2024 | Acquired as compensation -- Restricted Stock Units |
| Meyer Daniel Affiliate | Aug 15, 2024 | 100,000 | $10.44M | Aug 15, 2024 | Acquired by Daniel H. Meyer Gift Trust in the merger of Gramercy Tavern into SHAK and subsequently transferred on September 5, 2019 to Daniel H Meyer Investment Trust see more details in remarks |
| Flug Jeffrey Director | Aug 5, 2024 | 304 | $28.70K | Aug 5, 2024 | Acquired as compensation -- Restricted Stock Awards |
| Flug Jeffrey Director | Jul 17, 2024 | 152 | $13.12K | Jul 17, 2024 | Acquired as compensation -- Restricted Stock Awards |
| Flug Jeffrey Director | Jul 5, 2024 | 152 | $13.13K | Jul 5, 2024 | Acquired as compensation -- Restricted Stock Awards |
| Fogertey Katherine Officer | Jun 17, 2024 | 2,574 | $240.77K | Jun 17, 2024 | Acquired as compensation -- Restricted Stock Units |
| Flug Jeffrey Director | Jun 4, 2024 | 304 | $27.87K | Jun 4, 2024 | Acquired as compensation -- Restricted Stock Awards |
| J. Garutti Randall Director, Officer, 10% Shareholder | Jun 3, 2024 | 237,551 | $22.54M | Jun 3, 2024 | LLC units received in exchange of pre-IPO units |