The Chefs’ Warehouse, Inc. (NASDAQ:CHEF – Get Free Report) insider Christina Polychroni sold 3,317 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $65.45, for a total value of $217,097.65. Following the completion of the sale, the insider directly owned 30,141 shares in the company, valued at approximately $1,972,728.45. The trade was a 9.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.
Christina Polychroni also recently made the following trade(s):
- On Friday, February 27th, Christina Polychroni sold 3,084 shares of Chefs’ Warehouse stock. The stock was sold at an average price of $71.33, for a total value of $219,981.72.
Chefs’ Warehouse Trading Down 5.2%
Shares of NASDAQ:CHEF opened at $62.43 on Wednesday. The business’s 50 day moving average price is $64.89 and its 200-day moving average price is $62.41. The Chefs’ Warehouse, Inc. has a 1 year low of $45.00 and a 1 year high of $73.94. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 37.84 and a beta of 1.26. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.05 and a quick ratio of 1.23.
Hedge Funds Weigh In On Chefs’ Warehouse
Institutional investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in shares of Chefs’ Warehouse by 6.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 931,671 shares of the company’s stock valued at $54,344,000 after acquiring an additional 58,046 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in Chefs’ Warehouse during the 3rd quarter worth about $736,000. Summit Creek Advisors LLC acquired a new stake in Chefs’ Warehouse in the 3rd quarter valued at about $7,431,000. Russell Investments Group Ltd. boosted its stake in shares of Chefs’ Warehouse by 69.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 69,116 shares of the company’s stock valued at $4,410,000 after buying an additional 28,253 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in shares of Chefs’ Warehouse by 17.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 141,483 shares of the company’s stock valued at $8,253,000 after buying an additional 20,785 shares during the period. 91.55% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on CHEF shares. Benchmark reissued a “buy” rating on shares of Chefs’ Warehouse in a research note on Thursday, February 12th. BTIG Research restated a “buy” rating and set a $74.00 price target on shares of Chefs’ Warehouse in a research report on Thursday, February 12th. Wolfe Research set a $84.00 price objective on shares of Chefs’ Warehouse in a report on Thursday, February 12th. Zacks Research lowered shares of Chefs’ Warehouse from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 15th. Finally, Weiss Ratings raised Chefs’ Warehouse from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $77.67.
View Our Latest Stock Report on CHEF
Trending Headlines about Chefs’ Warehouse
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
About Chefs’ Warehouse
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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