Shake Shack Inc.

Falling on heavy selling — points lower unless it turns around.

Shake Shack at the bottom of its 52-week range — and founder Danny Meyer bought $2M of stock alongside three other directors on May 15.

Shake Shack is the premium-quality fast-casual burger chain — the secular-growth concept that's been derailed by the broader restaurant-cohort wipeout (down 59% TTM) and operating-cost pressures specific to the premium-positioning segment. Q1 FY26 revenue grew 14.3% YoY to $367M at a 1.4% operating margin with $-17M of FCF and a 101% EPS miss vs $0.11 consensus. Trailing P/E sits at 51.2x with a 1.8% FCF yield. The defining structural insider signal is the coordinated May 15 director-cluster purchase: Founder Danny Meyer bought $2.0M (32,258 shares), director Silverman bought $501K, CEO/Director Lynch bought $302K (plus $376K of in-kind vesting), director Balbale bought $250K — roughly $3.0M+ of coordinated director-level conviction at the post-Q1-miss low. The Levi & Korsinsky securities-fraud investigation announced June 4-5 is standard post-drop plaintiff-firm noise. The Seeking Alpha 'show-me burger story' downgrade is the bear column. Shares down 37% YTD and 59% TTM, sitting at effectively 0% of the 52-week range. The bet is whether Meyer's open-market conviction translates into a meaningful operating turn — the bottom-of-range entry has the conviction signal, the cohort context has the macro headwind.