CAVA Group, Inc. $CAVA Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Boosts Stake

Posted by Stanley Muller on Nov 4th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in CAVA Group, Inc. (NYSE:CAVA – Free Report) by 48.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,400 shares of the company’s stock after buying an additional 10,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in CAVA Group were worth $1,753,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Modern Wealth Management LLC boosted its position in CAVA Group by 4.2% during the 1st quarter. Modern Wealth Management LLC now owns 3,907 shares of the company’s stock worth $313,000 after acquiring an additional 158 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of CAVA Group by 7.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,356 shares of the company’s stock worth $342,000 after acquiring an additional 299 shares in the last quarter. Bogart Wealth LLC raised its holdings in shares of CAVA Group by 24.8% in the first quarter. Bogart Wealth LLC now owns 1,509 shares of the company’s stock valued at $122,000 after purchasing an additional 300 shares during the last quarter. Ancora Advisors LLC acquired a new stake in shares of CAVA Group in the second quarter valued at approximately $27,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of CAVA Group by 60.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,040 shares of the company’s stock valued at $84,000 after purchasing an additional 393 shares during the last quarter. Institutional investors and hedge funds own 73.15% of the company’s stock.

Insider Buying and Selling at CAVA Group

In other news, insider Douglas Thompson bought 6,500 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average cost of $66.52 per share, for a total transaction of $432,380.00. Following the completion of the acquisition, the insider owned 19,371 shares in the company, valued at approximately $1,288,558.92. This represents a 50.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Morgan Stanley raised shares of CAVA Group from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $86.00 to $90.00 in a research report on Wednesday, July 15th. DA Davidson decreased their target price on shares of CAVA Group from $84.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, August 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of CAVA Group in a research note on Wednesday, August 12th. Robert W. Baird raised shares of CAVA Group to a “strong-buy” rating in a research report on Monday, August 24th. Finally, KeyCorp cut their price target on shares of CAVA Group from $95.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.81.

Get Our Latest Stock Analysis on CAVA Group

CAVA Group Stock Down 2.5%

CAVA stock opened at $60.48 on Wednesday. The business has a 50 day moving average price of $56.20 and a two-hundred day moving average price of $71.25. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 112.82, a P/E/G ratio of 4.94 and a beta of 1.75. CAVA Group, Inc. has a twelve month low of $43.41 and a twelve month high of $98.79.

CAVA Group (NYSE:CAVA – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. The company had revenue of $368.44 million for the quarter, compared to analysts’ expectations of $360.09 million. CAVA Group had a return on equity of 8.28% and a net margin of 4.82%. The business’s revenue was up 31.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 EPS. On average, equities research analysts anticipate that CAVA Group, Inc. will post 0.55 EPS for the current fiscal year.

CAVA Group declared that its Board of Directors has approved a share repurchase plan on Friday, September 18th that permits the company to repurchase $100 million in outstanding shares. This repurchase authorization permits the company to buy up to 1.7% of its stock through open market purchases. Share repurchase plans are usually an indication that the company’s management believes its stock is undervalued.

About CAVA Group

(Free Report)

CAVA Group, Inc operates CAVA, a fast-casual restaurant brand serving Mediterranean-inspired food in the United States. Its menu includes customizable bowls and pitas, salads, dips, spreads, grilled proteins, and other Mediterranean dishes, with options designed to accommodate a range of dietary preferences.

The company’s restaurants generally use an assembly-line format that allows customers to build meals from a selection of ingredients and sauces. CAVA also offers its branded dips, spreads, and other products through select grocery and retail channels, extending the brand beyond its restaurant locations.

CAVA was founded in 2010 by Dimitri Moshovitis, Ike Grigoropoulos, and Ted Xenohristos.