In a filing, Cava Group Inc revealed 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 $5.97 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 $13.69 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 fall -3.44% to $104.22. Over the last five days, the stock has lost -20.49%. Cava Group Inc shares have fallen nearly -7.61% since the year began. Nevertheless, the stocks have risen 114.84% over the past one year. While a 52-week high of $172.43 was reached on 02/07/25, a 52-week low of $48.55 was recorded on 02/24/25. SMA at 50 days reached $123.33, while 200 days put it at $112.88.
Levels Of Support And Resistance For CAVA Stock
The 24-hour chart illustrates a support level at 100.67, which if violated will result in even more drops to 97.13. On the upside, there is a resistance level at 108.37. A further resistance level may holdings at 112.53. The Relative Strength Index (RSI) on the 14-day chart is 28.04, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.20%. Stochastics %K at 7.03% indicates the stock is a buying.
