CAKE Scarlett May sells $1.2M worth of shares
May 31, 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.
Scarlett May sold 20,800 shares of CAKE on 29 May at $55.98 per share, worth a total of $1.2M. They now own 34,472 CAKE shares, or a 48% holding decrease.
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