CAKE CHEESECAKE FACTORY INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $141M, Q3 2025: $1M, Q2 2025: $4M, Q1 2025: $12M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $141M vs trailing avg $6M (+2328%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-116M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 8,100,000 shares = 16.3% of 49,635,893 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $8M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 22570771.3x more than bought. 3 C-suite officers among sellers

• Clark Matthew Eliot (EXEC VP, CFO) sold 7,000 shares on 2026-02-25
• Gordon David M (PRESIDENT) sold 20,000 shares on 2025-08-14
• Gordon David M (PRESIDENT) sold 13,400 shares on 2025-08-14
• Gordon David M (PRESIDENT) sold 9,935 shares on 2025-08-14
• Carango Keith (PRESIDENT (SUBSIDIARY)) sold 8,300 shares on 2025-05-28
• Carango Keith (PRESIDENT (SUBSIDIARY)) sold 3,000 shares on 2025-05-28
• Carango Keith (PRESIDENT (SUBSIDIARY)) sold 9,200 shares on 2025-05-28
• Carango Keith (PRESIDENT (SUBSIDIARY)) sold 30,000 shares on 2025-05-28
• Clark Matthew Eliot (EXEC VP, CFO) sold 42,900 shares on 2025-05-27
• Gordon David M (PRESIDENT) sold 16,600 shares on 2025-05-08