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CAVA stock rated an Overweight by Piper Sandler

Cava Group Inc’s recently made public 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 $4.82 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 $11.05 million.

Piper Sandler upgraded its Cava Group Inc [CAVA] rating to an Overweight from a a Neutral in a research note published on February 28, 2025; the price target was decreased to $115 from $142. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in mid November with a ‘”a Mkt perform”‘ rating. UBS began covering CAVA with “Neutral” recommendation on September 27, 2024. Morgan Stanley revised its rating on August 29, 2024. It rated CAVA as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of CAVA

On Friday, Cava Group Inc [NYSE:CAVA] saw its stock jump 1.78% to $84.12. Over the last five days, the stock has lost -11.48%. Cava Group Inc shares have fallen nearly -25.43% since the year began. Nevertheless, the stocks have risen 46.65% over the past one year. While a 52-week high of $172.43 was reached on 02/07/25, a 52-week low of $58.22 was recorded on 03/07/25. SMA at 50 days reached $117.39, while 200 days put it at $113.48.

Levels Of Support And Resistance For CAVA Stock

The 24-hour chart illustrates a support level at 80.20, which if violated will result in even more drops to 76.27. On the upside, there is a resistance level at 86.39. A further resistance level may holdings at 88.65. The Relative Strength Index (RSI) on the 14-day chart is 25.12, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.07%. Stochastics %K at 7.10% indicates the stock is a buying.

The most recent change occurred on August 23, 2024 when Citigroup resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $115.

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