Prime Capital Management Co Ltd Raises Stock Holdings in CAVA Group, Inc. $CAVA

Prime Capital Management Co Ltd increased its position in shares of CAVA Group, Inc. (NYSE:CAVA) by 90.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,031,630 shares of the company’s stock after acquiring an additional 490,300 shares during the period. CAVA Group comprises about 7.2% of Prime Capital Management Co Ltd’s portfolio, making the stock its 4th biggest position. Prime Capital Management Co Ltd’s holdings in CAVA Group were worth $60,546,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CAVA. Capital International Investors grew its position in CAVA Group by 105.4% during the 3rd quarter. Capital International Investors now owns 4,228,736 shares of the company’s stock worth $255,451,000 after acquiring an additional 2,169,553 shares during the last quarter. William Blair Investment Management LLC bought a new stake in CAVA Group during the 3rd quarter worth $114,098,000. Capital Research Global Investors grew its position in CAVA Group by 27.2% during the 4th quarter. Capital Research Global Investors now owns 8,440,040 shares of the company’s stock worth $495,344,000 after acquiring an additional 1,805,174 shares during the last quarter. Alliancebernstein L.P. grew its position in CAVA Group by 118.3% during the 3rd quarter. Alliancebernstein L.P. now owns 2,953,688 shares of the company’s stock worth $178,432,000 after acquiring an additional 1,600,630 shares during the last quarter. Finally, Primecap Management Co. CA grew its position in CAVA Group by 1,378.3% during the 4th quarter. Primecap Management Co. CA now owns 1,260,250 shares of the company’s stock worth $73,964,000 after acquiring an additional 1,175,000 shares during the last quarter. Institutional investors own 73.15% of the company’s stock.

Key CAVA Group News

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

• Positive Sentiment: UBS upgraded CAVA to Buy and raised its price target, saying the company has a “compelling growth story” with resilient same-store sales, strong new-unit economics, and attractive risk/reward after the stock’s recent pullback. Article Title
• Positive Sentiment: Multiple reports highlighted CAVA’s expansion plans, including a higher 2026 restaurant-opening target and plans to open 75 new stores while hiring 2,500 workers, reinforcing expectations for continued revenue growth. Article Title
• Positive Sentiment: Technical traders also got a bullish signal after CAVA broke above its 20-day moving average, suggesting improving short-term momentum. Article Title
• Neutral Sentiment: CAVA has also been drawing heavier investor attention on trading platforms and stock screens, which may be adding to volatility but does not by itself change the fundamental outlook. Article Title

Insider Activity at CAVA Group

In related news, insider Kelly Costanza sold 10,010 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $79.87, for a total transaction of $799,498.70. Following the sale, the insider owned 113,850 shares in the company, valued at $9,093,199.50. This represents a 8.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Adam David Phillips sold 5,181 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $77.14, for a total value of $399,662.34. Following the sale, the chief accounting officer owned 9,505 shares in the company, valued at approximately $733,215.70. The trade was a 35.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 24,235 shares of company stock worth $1,920,420 in the last 90 days. Corporate insiders own 6.70% of the company’s stock.

CAVA Group Price Performance

Shares of CAVA Group stock opened at $88.30 on Friday. CAVA Group, Inc. has a one year low of $43.41 and a one year high of $98.79. The stock’s 50-day moving average is $83.30 and its 200 day moving average is $72.76. The firm has a market cap of $10.28 billion, a price-to-earnings ratio of 169.81, a PEG ratio of 5.59 and a beta of 1.70.

CAVA Group (NYSE:CAVA) last announced its earnings results on Tuesday, May 19th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. CAVA Group had a return on equity of 7.92% and a net margin of 4.79%.The company had revenue of $438.27 million for the quarter, compared to analyst estimates of $360.89 million. During the same quarter in the prior year, the company earned $0.22 EPS. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. On average, sell-side analysts expect that CAVA Group, Inc. will post 0.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CAVA shares. Mizuho boosted their price objective on CAVA Group from $72.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Stifel Nicolaus boosted their price objective on CAVA Group from $90.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. UBS Group upgraded CAVA Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $85.00 to $90.00 in a research report on Wednesday. BNP Paribas Exane assumed coverage on CAVA Group in a research report on Monday, March 30th. They issued a “neutral” rating and a $91.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on CAVA Group from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CAVA Group presently has a consensus rating of “Moderate Buy” and an average target price of $93.37.

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.