The Chefs' Warehouse, Inc. (NASDAQ:CHEF - Get Free Report) insider Christina Polychroni sold 3,317 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $65.45, for a total transaction of $217,097.65. Following the transaction, the insider owned 30,141 shares of the company's stock, valued at $1,972,728.45. This trade represents a 9.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Christina Polychroni also recently made the following trade(s):
- On Friday, February 27th, Christina Polychroni sold 3,084 shares of Chefs' Warehouse stock. The shares were sold at an average price of $71.33, for a total transaction of $219,981.72.
Chefs' Warehouse Price Performance
Chefs' Warehouse stock opened at $62.43 on Wednesday. The company has a current ratio of 2.05, a quick ratio of 1.23 and a debt-to-equity ratio of 1.19. The company has a fifty day simple moving average of $64.89 and a 200-day simple moving average of $62.41. The stock has a market cap of $2.54 billion, a P/E ratio of 37.84 and a beta of 1.26. The Chefs' Warehouse, Inc. has a 12-month low of $45.00 and a 12-month high of $73.94.
Chefs' Warehouse (NASDAQ:CHEF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.10 billion. Chefs' Warehouse had a return on equity of 14.75% and a net margin of 1.74%.Chefs' Warehouse's quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the firm earned $0.55 earnings per share. Equities analysts expect that The Chefs' Warehouse, Inc. will post 1.73 EPS for the current fiscal year.
Hedge Funds Weigh In On Chefs' Warehouse
A number of hedge funds and other institutional investors have recently made changes to their positions in CHEF. Hantz Financial Services Inc. increased its position in Chefs' Warehouse by 229.5% in the 4th quarter. Hantz Financial Services Inc. now owns 458 shares of the company's stock valued at $29,000 after acquiring an additional 319 shares during the period. Caitong International Asset Management Co. Ltd boosted its holdings in Chefs' Warehouse by 515.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 523 shares of the company's stock worth $31,000 after buying an additional 438 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in Chefs' Warehouse during the fourth quarter worth about $31,000. Aster Capital Management DIFC Ltd acquired a new position in Chefs' Warehouse during the third quarter worth about $39,000. Finally, Osaic Holdings Inc. increased its holdings in Chefs' Warehouse by 30.7% in the second quarter. Osaic Holdings Inc. now owns 800 shares of the company's stock valued at $51,000 after buying an additional 188 shares in the last quarter. Hedge funds and other institutional investors own 91.55% of the company's stock.
More Chefs' Warehouse News
Here are the key news stories impacting Chefs' Warehouse this week:
- Positive Sentiment: Company recently beat quarterly estimates: Q4 EPS of $0.68 vs. $0.62 expected and revenue of $1.14B (vs. $1.10B), with revenue up ~10.5% year-over-year — a sign of healthy demand in its specialty food/distribution end market. MarketBeat CHEF page
- Positive Sentiment: Large institutional owners have been adding to positions (Wellington, Vanguard, Ameriprise, Victory, State Street), which supports a stable shareholder base and can dampen volatility from retail selling. MarketBeat CHEF page
- Neutral Sentiment: Valuation and fundamentals: market cap ~$2.5B, P/E ~38, healthy liquidity (current ratio ~2.05) and a 12‑month trading range of $45–$73.94; analyst consensus is Moderate Buy with an average target ~ $77.67 — useful context but not an immediate catalyst. MarketBeat analyst roundup
- Negative Sentiment: Significant insider selling reported this week: CEO Christopher Pappas sold 95,908 shares (avg $62.53, ~ $5.997M) on Mar 3; General Counsel Alexandros Aldous sold 29,500 shares (avg $71.22, ~$2.1M) on Feb 27; director/other insider Christina Polychroni sold ~6,400 shares across Feb 27–Mar 2. These large, clustered sales have been publicly highlighted and are driving short‑term selling pressure and negative sentiment. InsiderTrades alert SEC filing (CEO)
- Negative Sentiment: Media coverage emphasizing insider selling has intensified the move lower — some outlets reported an ~8% drop after the disclosures, amplifying short‑term volatility. AmericanBankingNews article
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on CHEF shares. UBS Group upped their price target on Chefs' Warehouse from $80.00 to $83.00 and gave the company a "buy" rating in a report on Wednesday, January 14th. BTIG Research restated a "buy" rating and issued a $74.00 target price on shares of Chefs' Warehouse in a report on Thursday, February 12th. Weiss Ratings raised shares of Chefs' Warehouse from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday. Benchmark reissued a "buy" rating on shares of Chefs' Warehouse in a research report on Thursday, February 12th. Finally, Wolfe Research set a $84.00 price objective on shares of Chefs' Warehouse in a research note on Thursday, February 12th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $77.67.
View Our Latest Stock Analysis on CHEF
About Chefs' Warehouse
(
Get 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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