Cava Group Inc’s filing revealed 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 $ 7.51 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 $17.22 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 Friday, Cava Group Inc [NYSE:CAVA] saw its stock jump 0.44% to $131.07. Over the last five days, the stock has lost -5.30%. Cava Group Inc shares have risen nearly 16.20% since the year began. Nevertheless, the stocks have risen 146.28% over the past one year. While a 52-week high of $172.43 was reached on 02/07/25, a 52-week low of $48.10 was recorded on 01/13/25. SMA at 50 days reached $126.13, while 200 days put it at $111.74.
Levels Of Support And Resistance For CAVA Stock
The 24-hour chart illustrates a support level at 127.94, which if violated will result in even more drops to 124.81. On the upside, there is a resistance level at 132.90. A further resistance level may holdings at 134.73. The Relative Strength Index (RSI) on the 14-day chart is 51.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.50%. Stochastics %K at 41.02% indicates the stock is a holding.
How much short interest is there in Cava Group Inc?
A steep rise in short interest was recorded in Cava Group Inc stocks on 2025-01-31, dropping by -0.19 million shares to a total of 9.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 9.25 million shares. There was a decline of -2.05%, which implies that there is a negative sentiment for the stock.
