Cava Group Inc’s recent filing unveils that its Officer Theodoros Xenohristos acquired Company’s shares for reported $0.1 million on Jan 21 ’25. In the deal valued at $118.23 per share,851 shares were bought.
Then, Jennifer Somers bought 2,131 shares, generating $251,948 in total proceeds.
Before that, Tricia K Tolivar bought 2,086 shares. Cava Group Inc shares valued at $246,628 were divested by the Officer at a price of $118.23 per share.
Bernstein initiated its Cava Group Inc [CAVA] rating to a Mkt perform in a research note published on November 20, 2024; the price target was $145. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late September with a ‘”a Neutral”‘ rating. Morgan Stanley also remained covering CAVA and has decreased its forecast on August 29, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Citigroup maintained its rating on August 23, 2024. It rated CAVA as “a Neutral”.
Price Performance Review of CAVA
On Tuesday, Cava Group Inc [NYSE:CAVA] saw its stock jump 1.92% to $120.50. Over the last five days, the stock has gained 8.53%. Cava Group Inc shares have risen nearly 6.83% since the year began. Nevertheless, the stocks have risen 165.01% over the past one year. While a 52-week high of $172.43 was reached on 01/21/25, a 52-week low of $43.51 was recorded on 01/13/25. SMA at 50 days reached $129.48, while 200 days put it at $105.44.
Levels Of Support And Resistance For CAVA Stock
The 24-hour chart illustrates a support level at 118.73, which if violated will result in even more drops to 116.97. On the upside, there is a resistance level at 121.83. A further resistance level may holdings at 123.17. The Relative Strength Index (RSI) on the 14-day chart is 50.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.40%. Stochastics %K at 82.86% indicates the stock is a selling.
How much short interest is there in Cava Group Inc?
A steep rise in short interest was recorded in Cava Group Inc stocks on 2024-12-31, growing by 0.26 million shares to a total of 9.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 9.0 million shares. There was a rise of 2.8%, which implies that there is a positive sentiment for the stock.
