The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) General Counsel Sells $425,000.00 in Stock

The Chefs’ Warehouse, Inc. (NASDAQ:CHEFGet Free Report) General Counsel Alexandros Aldous sold 10,000 shares of the firm’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $42.50, for a total transaction of $425,000.00. Following the completion of the transaction, the general counsel now directly owns 119,342 shares in the company, valued at $5,072,035. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Alexandros Aldous also recently made the following trade(s):

  • On Wednesday, July 3rd, Alexandros Aldous sold 7,809 shares of Chefs’ Warehouse stock. The shares were sold at an average price of $40.00, for a total transaction of $312,360.00.
  • On Tuesday, June 25th, Alexandros Aldous sold 2,191 shares of Chefs’ Warehouse stock. The stock was sold at an average price of $40.00, for a total value of $87,640.00.

Chefs’ Warehouse Stock Down 0.6 %

CHEF stock opened at $38.81 on Thursday. The firm has a market cap of $1.54 billion, a PE ratio of 44.61 and a beta of 2.30. The Chefs’ Warehouse, Inc. has a one year low of $17.29 and a one year high of $42.80. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.17 and a current ratio of 1.92. The firm’s 50 day moving average price is $38.94 and its 200-day moving average price is $35.66.

Chefs’ Warehouse (NASDAQ:CHEFGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.07 by $0.08. The business had revenue of $874.50 million for the quarter, compared to analyst estimates of $833.25 million. Chefs’ Warehouse had a return on equity of 12.30% and a net margin of 0.98%. The company’s quarterly revenue was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.12 EPS. On average, equities research analysts anticipate that The Chefs’ Warehouse, Inc. will post 1.37 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Benchmark reissued a “buy” rating and set a $50.00 price objective on shares of Chefs’ Warehouse in a research note on Thursday, May 2nd. StockNews.com raised shares of Chefs’ Warehouse from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd.

Read Our Latest Stock Report on CHEF

Institutional Investors Weigh In On Chefs’ Warehouse

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Chefs’ Warehouse by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 2,637,296 shares of the company’s stock worth $55,858,000 after acquiring an additional 15,970 shares during the last quarter. Stephens Investment Management Group LLC lifted its stake in Chefs’ Warehouse by 17.0% during the fourth quarter. Stephens Investment Management Group LLC now owns 1,046,940 shares of the company’s stock worth $30,811,000 after purchasing an additional 151,846 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Chefs’ Warehouse by 6.3% during the fourth quarter. Schroder Investment Management Group now owns 1,011,305 shares of the company’s stock worth $29,763,000 after buying an additional 60,154 shares during the period. Granahan Investment Management LLC raised its holdings in shares of Chefs’ Warehouse by 138.5% in the 4th quarter. Granahan Investment Management LLC now owns 794,541 shares of the company’s stock valued at $23,383,000 after buying an additional 461,455 shares during the period. Finally, Jennison Associates LLC grew its position in Chefs’ Warehouse by 2.2% in the 1st quarter. Jennison Associates LLC now owns 760,352 shares of the company’s stock valued at $28,635,000 after acquiring an additional 16,104 shares in the last quarter. 91.55% of the stock is currently owned by institutional investors and hedge funds.

Chefs’ Warehouse Company Profile

(Get Free Report)

The Chefs' Warehouse, Inc, together with its subsidiaries, distributes specialty food and center-of-the-plate products in the United States, the Middle East, and Canada. The company's product portfolio includes specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products; and center-of-the-plate products consisting of custom cut beef, seafood, and hormone-free poultry, as well as broadline food products comprising cooking oils, butter, eggs, milk, and flour.

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Insider Buying and Selling by Quarter for Chefs' Warehouse (NASDAQ:CHEF)

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