Sovran Advisors LLC Increases Holdings in CAVA Group, Inc. $CAVA

Sovran Advisors LLC lifted its position in CAVA Group, Inc. (NYSE:CAVA) by 24.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,958 shares of the company’s stock after buying an additional 13,462 shares during the period. Sovran Advisors LLC owned approximately 0.06% of CAVA Group worth $4,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of CAVA. Atlantic Union Bankshares Corp purchased a new stake in shares of CAVA Group during the 2nd quarter valued at about $31,000. Toth Financial Advisory Corp boosted its holdings in shares of CAVA Group by 656.7% in the third quarter. Toth Financial Advisory Corp now owns 507 shares of the company’s stock worth $31,000 after buying an additional 440 shares during the last quarter. Western Pacific Wealth Management LP bought a new stake in CAVA Group during the third quarter valued at approximately $33,000. CNB Bank increased its holdings in CAVA Group by 275.8% during the third quarter. CNB Bank now owns 575 shares of the company’s stock valued at $35,000 after buying an additional 422 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in CAVA Group during the second quarter valued at approximately $38,000. Institutional investors own 73.15% of the company’s stock.

CAVA Group News Roundup

Here are the key news stories impacting CAVA Group this week:

• Positive Sentiment: Wall Street analyst coverage that encourages investors to consider CAVA may be supporting buying interest and short‑term demand. Brokers Suggest Investing in Cava
• Neutral Sentiment: Recent fundamentals remain mixed: quarterly revenue grew ~20% year‑over‑year but CAVA slightly missed EPS estimates and carries a high valuation (P/E ~57). That combination can mute upside from positive headlines. CAVA profile & recent results
• Negative Sentiment: A cluster of insider sales occurred on Jan. 21: CEO Brett Schulman sold 21,650 shares, CFO Tricia Tolivar sold 2,204 shares, and several other insiders (including Kenneth Bertram, Kelly Costanza and Theodoros Xenohristos) also trimmed positions — all at an average price of $67.41. Large, coordinated insider selling from multiple executives can be perceived negatively by investors as a signal of reduced near‑term insider conviction. CEO Form 4 (SEC)
• Negative Sentiment: Media coverage noted the stock underperforming while broader markets gained, which can attract short‑term selling pressure and reinforce negative momentum after the insider disclosures. CAVA stock sinks as market gains

CAVA Group Trading Up 0.4%

NYSE CAVA opened at $66.35 on Monday. CAVA Group, Inc. has a 12 month low of $43.41 and a 12 month high of $144.49. The stock has a market cap of $7.70 billion, a PE ratio of 57.20, a P/E/G ratio of 3.41 and a beta of 2.41. The stock’s 50 day moving average is $58.09 and its 200 day moving average is $65.08.

CAVA Group (NYSE:CAVA) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.01). CAVA Group had a net margin of 12.14% and a return on equity of 8.88%. The company had revenue of $292.24 million for the quarter, compared to the consensus estimate of $292.88 million. During the same quarter in the previous year, the business earned $0.15 EPS. The company’s quarterly revenue was up 19.9% on a year-over-year basis. On average, analysts forecast that CAVA Group, Inc. will post 0.5 EPS for the current fiscal year.

Insider Buying and Selling at CAVA Group

In other CAVA Group news, insider Kelly Costanza sold 1,702 shares of CAVA Group stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $67.41, for a total value of $114,731.82. Following the sale, the insider owned 120,846 shares of the company’s stock, valued at $8,146,228.86. The trade was a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Tricia K. Tolivar sold 2,204 shares of the firm’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $67.41, for a total transaction of $148,571.64. Following the completion of the transaction, the chief financial officer directly owned 234,338 shares of the company’s stock, valued at approximately $15,796,724.58. This trade represents a 0.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,383 shares of company stock worth $2,052,231 over the last three months. 12.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CAVA has been the topic of several analyst reports. Mizuho lifted their price target on shares of CAVA Group from $52.00 to $64.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Telsey Advisory Group began coverage on CAVA Group in a research note on Friday, January 9th. They issued an “outperform” rating and a $85.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CAVA Group in a research report on Wednesday. Stifel Nicolaus set a $75.00 target price on shares of CAVA Group in a report on Wednesday, November 5th. Finally, UBS Group lifted their price target on shares of CAVA Group from $58.00 to $66.00 and gave the company a “neutral” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.57.

CAVA Group Profile

CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.

Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.