CAKE Keith Carango sells $2.8M worth of shares
May 30, 2025, 4:33 AM
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What does CAKE do
The Cheesecake Factory, headquartered in Calabasas Hills, California, operates about 334 restaurants across the U.S. and Canada, employing 47,900 staff. Its diverse menu features around 225 items and includes vegan and gluten-free options.
Keith Carango sold 50,500 shares of CAKE on 28 May at $55.12 per share, worth a total of $2.8M. They now own 62,974 CAKE shares, or a 71% holding decrease.
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