Brett Schulman Sells 21,650 Shares of CAVA Group (NYSE:CAVA) Stock

CAVA Group, Inc. (NYSE:CAVA) CEO Brett Schulman sold 21,650 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $67.41, for a total value of $1,459,426.50. Following the completion of the sale, the chief executive officer owned 807,325 shares of the company’s stock, valued at $54,421,778.25. This trade represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CAVA Group Price Performance

Shares of NYSE:CAVA opened at $66.35 on Friday. The business’s 50 day moving average price is $58.09 and its 200-day moving average price is $65.25. CAVA Group, Inc. has a 1 year low of $43.41 and a 1 year high of $144.49. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 57.20, a price-to-earnings-growth ratio of 3.41 and a beta of 2.41.

CAVA Group (NYSE:CAVA) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). The company had revenue of $292.24 million during the quarter, compared to analysts’ expectations of $292.88 million. CAVA Group had a return on equity of 8.88% and a net margin of 12.14%.CAVA Group’s revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS. On average, sell-side analysts expect that CAVA Group, Inc. will post 0.5 earnings per share for the current year.

Hedge Funds Weigh In On CAVA Group

A number of institutional investors have recently bought and sold shares of CAVA. Cornerstone Planning Group LLC increased its holdings in shares of CAVA Group by 378.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 450 shares of the company’s stock worth $27,000 after buying an additional 356 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in CAVA Group by 347.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 515 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in CAVA Group during the second quarter worth $31,000. Toth Financial Advisory Corp raised its position in CAVA Group by 656.7% in the third quarter. Toth Financial Advisory Corp now owns 507 shares of the company’s stock valued at $31,000 after purchasing an additional 440 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new position in shares of CAVA Group in the 3rd quarter valued at $33,000. 73.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on CAVA. Royal Bank Of Canada set a $70.00 price objective on CAVA Group in a research note on Wednesday, November 5th. Piper Sandler lowered their price target on CAVA Group from $100.00 to $71.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Morgan Stanley dropped their price target on CAVA Group from $86.00 to $80.00 and set an “equal weight” rating for the company in a research report on Tuesday. Stifel Nicolaus set a $75.00 price objective on CAVA Group in a report on Wednesday, November 5th. Finally, Citigroup reaffirmed a “neutral” rating on shares of CAVA Group in a report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.57.

More CAVA Group News

Here are the key news stories impacting CAVA Group this week:

• Positive Sentiment: Wall Street analyst coverage that encourages investors to consider CAVA may be supporting buying interest and short‑term demand. Brokers Suggest Investing in Cava
• Neutral Sentiment: Recent fundamentals remain mixed: quarterly revenue grew ~20% year‑over‑year but CAVA slightly missed EPS estimates and carries a high valuation (P/E ~57). That combination can mute upside from positive headlines. CAVA profile & recent results
• Negative Sentiment: A cluster of insider sales occurred on Jan. 21: CEO Brett Schulman sold 21,650 shares, CFO Tricia Tolivar sold 2,204 shares, and several other insiders (including Kenneth Bertram, Kelly Costanza and Theodoros Xenohristos) also trimmed positions — all at an average price of $67.41. Large, coordinated insider selling from multiple executives can be perceived negatively by investors as a signal of reduced near‑term insider conviction. CEO Form 4 (SEC)
• Negative Sentiment: Media coverage noted the stock underperforming while broader markets gained, which can attract short‑term selling pressure and reinforce negative momentum after the insider disclosures. CAVA stock sinks as market gains

CAVA Group Company Profile

CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.

Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.