Cava Group Inc’s recent filing unveils that its CLO & Secretary Bertram Kenneth Robert unloaded Company’s shares for reported $84339.0 on Jan 27 ’25. In the deal valued at $124.39 per share,678 shares were sold. As a result of this transaction, Bertram Kenneth Robert now holds 57,312 shares worth roughly $7.87 million.
Then, Tolivar Tricia K. sold 1,505 shares, generating $187,212 in total proceeds. Upon selling the shares at $124.39, the Chief Financial Officer now owns 234,087 shares.
Before that, Costanza Kelly sold 1,138 shares. Cava Group Inc shares valued at $141,559 were divested by the Chief People Officer at a price of $124.39 per share. As a result of the transaction, Costanza Kelly now holds 131,381 shares, worth roughly $18.04 million.
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 Monday, Cava Group Inc [NYSE:CAVA] saw its stock jump 1.68% to $137.32. Over the last five days, the stock has gained 11.67%. Cava Group Inc shares have risen nearly 21.74% since the year began. Nevertheless, the stocks have risen 193.42% over the past one year. While a 52-week high of $172.43 was reached on 01/31/25, a 52-week low of $47.20 was recorded on 01/13/25. SMA at 50 days reached $127.15, while 200 days put it at $108.42.
Levels Of Support And Resistance For CAVA Stock
The 24-hour chart illustrates a support level at 131.09, which if violated will result in even more drops to 124.85. On the upside, there is a resistance level at 141.04. A further resistance level may holdings at 144.75. The Relative Strength Index (RSI) on the 14-day chart is 66.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.95, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.80%. Stochastics %K at 89.36% 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 2025-01-15, dropping by 70894.0 shares to a total of 9.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.22 million shares. There was a decline of -0.77%, which implies that there is a negative sentiment for the stock.
