Key Points
- CEO Christopher Pappas sold 100,000 Chefs’ Warehouse shares at an average price of $110.11, generating proceeds of approximately $11.0 million and reducing his stake by 4.53%.
- Chefs’ Warehouse reported quarterly revenue of $1.17 billion and earnings per share of $0.78, beating analyst estimates of $1.12 billion and $0.59, respectively; revenue increased 12.9% year over year.
- Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $107.43, while shares opened at $108.30.
The Chefs' Warehouse, Inc. (NASDAQ:CHEF - Get Free Report) insider Christina Polychroni sold 2,752 shares of the firm's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.00, for a total value of $308,224.00. Following the transaction, the insider directly owned 22,014 shares of the company's stock, valued at $2,465,568. This represents a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Chefs' Warehouse Price Performance
Shares of Chefs' Warehouse stock opened at $108.30 on Wednesday. The company has a current ratio of 2.15, a quick ratio of 1.31 and a debt-to-equity ratio of 1.07. The company's 50-day moving average price is $99.70 and its two-hundred day moving average price is $79.59. The Chefs' Warehouse, Inc. has a 52 week low of $53.20 and a 52 week high of $117.33. The stock has a market cap of $4.42 billion, a PE ratio of 51.57 and a beta of 1.38.
Chefs' Warehouse (NASDAQ:CHEF - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.19. Chefs' Warehouse had a net margin of 2.09% and a return on equity of 16.95%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the company earned $0.52 EPS. Chefs' Warehouse's revenue was up 12.9% on a year-over-year basis. As a group, sell-side analysts anticipate that The Chefs' Warehouse, Inc. will post 2.54 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts have issued reports on the stock. UBS Group lifted their price target on shares of Chefs' Warehouse from $114.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Weiss Ratings upgraded Chefs' Warehouse from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. Morgan Stanley raised their price objective 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. Wall Street Zen upgraded Chefs' Warehouse from a "hold" rating to a "buy" rating in a report on Saturday, July 18th. Finally, Benchmark boosted their target price on Chefs' Warehouse from $106.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $107.43.
Get Our Latest Stock Report on CHEF
Institutional Investors Weigh In On Chefs' Warehouse
A number of large investors have recently made changes to their positions in CHEF. Hantz Financial Services Inc. grew its position in Chefs' Warehouse by 229.5% during the 4th quarter. Hantz Financial Services Inc. now owns 458 shares of the company's stock worth $29,000 after purchasing an additional 319 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Chefs' Warehouse by 515.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 523 shares of the company's stock valued at $31,000 after purchasing an additional 438 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Chefs' Warehouse in the fourth quarter valued at $31,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Chefs' Warehouse in the second quarter worth $34,000. Finally, Osaic Holdings Inc. grew its holdings in shares of Chefs' Warehouse by 30.7% during 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. Institutional investors and hedge funds own 91.55% of the company's stock.
Key Headlines Impacting Chefs' Warehouse
Here are the key news stories impacting Chefs' Warehouse this week:
- Positive Sentiment: Analysts maintain a generally favorable view, with a consensus rating of “Moderate Buy.” Benchmark, UBS, and TD Cowen raised their price targets to $125, while the broader analyst consensus includes one Strong Buy, five Buys, and two Holds. The Chefs' Warehouse Receives Consensus Rating of Moderate Buy
- Positive Sentiment: CHEF has continued to attract growth-oriented attention after reporting quarterly EPS of $0.78, well above the $0.59 consensus estimate, while revenue rose 12.9% year over year to $1.17 billion. Zacks has highlighted the stock as a top-ranked growth company. Chefs' Warehouse Is a Top-Ranked Growth Stock
- Neutral Sentiment: Institutional ownership remains high at approximately 91.6%, although the newly reported purchases were relatively small. The stock has also rallied substantially above its 200-day moving average, indicating strong momentum but potentially limited near-term upside.
- Negative Sentiment: Several insiders sold shares on August 14. CEO Christopher Pappas sold 100,000 shares worth approximately $11.0 million, reducing his stake by 4.53%; General Counsel Alexandros Aldous sold 35,000 shares, cutting his position by 50.4%; and Christina Polychroni sold 2,752 shares, reducing her holdings by 11.1%. The cluster of insider selling is likely the main near-term concern for investors. Insider Selling at Chefs' Warehouse
- Negative Sentiment: At roughly $108 per share, CHEF trades at a demanding P/E of about 51.6, while the consensus price target of $107.43 is slightly below the current level. That valuation leaves the stock vulnerable to profit-taking following its strong 2026 performance.
Chefs' Warehouse Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
