CAVA Group (NYSE:CAVA) Shares Down 6% – Time to Sell?

Posted by Francis Steltz on May 28th, 2026

CAVA Group, Inc. (NYSE:CAVA – Get Free Report)’s share price traded down 6% on Thursday . The stock traded as low as $77.58 and last traded at $77.2790. 1,547,473 shares changed hands during trading, a decline of 55% from the average session volume of 3,420,056 shares. The stock had previously closed at $82.20.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CAVA shares. Stifel Nicolaus upped their price target on shares of CAVA Group from $90.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada increased their price objective on shares of CAVA Group from $100.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Wall Street Zen upgraded shares of CAVA Group from a “sell” rating to a “hold” rating in a research report on Sunday. Robert W. Baird upped their price target on shares of CAVA Group from $88.00 to $98.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. Finally, Wolfe Research started coverage on shares of CAVA Group in a research report on Monday, March 9th. They set an “outperform” rating and a $93.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $93.19.

Read Our Latest Stock Analysis on CAVA Group

CAVA Group Stock Down 5.4%

The firm has a market cap of $9.06 billion, a P/E ratio of 149.70, a price-to-earnings-growth ratio of 5.51 and a beta of 1.90. The firm’s 50-day simple moving average is $84.84 and its 200 day simple moving average is $70.51.

CAVA Group (NYSE:CAVA – Get Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. CAVA Group had a net margin of 4.79% and a return on equity of 7.92%. 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 previous year, the firm posted $0.22 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. As a group, analysts forecast that CAVA Group, Inc. will post 0.54 earnings per share for the current year.

Insiders Place Their Bets

In other CAVA Group news, insider Theodoros Xenohristos sold 9,044 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $79.75, for a total value of $721,259.00. Following the completion of the transaction, the insider owned 327,882 shares of the company’s stock, valued at $26,148,589.50. The trade was a 2.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Kelly Costanza sold 10,010 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $79.87, for a total transaction of $799,498.70. Following the completion of the transaction, the insider directly owned 113,850 shares of the company’s stock, valued at approximately $9,093,199.50. This represents a 8.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 24,235 shares of company stock valued at $1,920,420 in the last quarter. Corporate insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On CAVA Group

A number of hedge funds have recently made changes to their positions in the business. Amundi lifted its holdings in shares of CAVA Group by 578.4% in the 1st quarter. Amundi now owns 290,281 shares of the company’s stock worth $23,484,000 after acquiring an additional 247,489 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in CAVA Group by 60.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,040 shares of the company’s stock valued at $84,000 after buying an additional 393 shares during the last quarter. California State Teachers Retirement System raised its holdings in CAVA Group by 25.2% during the 1st quarter. California State Teachers Retirement System now owns 110,842 shares of the company’s stock valued at $8,967,000 after buying an additional 22,322 shares during the last quarter. Quantinno Capital Management LP raised its holdings in CAVA Group by 123.0% during the 1st quarter. Quantinno Capital Management LP now owns 76,126 shares of the company’s stock valued at $6,159,000 after buying an additional 41,986 shares during the last quarter. Finally, Blue Chip Partners LLC raised its holdings in CAVA Group by 46.3% during the 1st quarter. Blue Chip Partners LLC now owns 9,822 shares of the company’s stock valued at $795,000 after buying an additional 3,107 shares during the last quarter. 73.15% of the stock is currently owned by institutional investors.

About CAVA Group

(Get Free Report)

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.