Benjamin Felt Buys Shares of CAVA Group, Inc.

Benjamin Felt acquired 1,881 shares of CAVA Group, Inc. (NYSE:CAVA) on June 22, 2026. The stock was trading at $77.57 on Thursday. This insider activity comes as part of routine transactions and was not planned under a Rule 10b5-1 plan.

Insider Buying and Selling at CAVA Group, Inc.

Several insiders, including Benjamin Felt, purchased 1,881 shares each of CAVA Group, Inc. on June 22, 2026. These transactions were not made under Rule 10b5-1 plans.

Other Institutional Activity in CAVA Group, Inc.

BlackRock, Inc. increased its holdings by 170,447 shares, bringing its total to 9,567,987 shares valued at about $774.05 million. AllianceBernstein L.P. boosted its position by 1,708,816 shares, ending with 9,185,954 shares worth approximately $539.12 million, marking a 22.9% increase. Meanwhile, Capital Research Global Investors reduced its stake by 2,302,559 shares, leaving it with 6,137,481 shares valued at $496.47 million, a 27.3% decrease. FMR LLC added 874,725 shares to its portfolio, totaling 5,911,767 shares valued at $478.26 million, a 17.4% increase. Vanguard Capital Management LLC opened a new position with 4,445,384 shares worth about $359.63 million.

CAVA Group, Inc. Stock Up 15.9%

Shares of NYSE:CAVA traded near $77.57 on Thursday. CAVA Group, Inc. boasts a market capitalization of approximately $9.42 billion and a P/E ratio of 155.5. The stock has a beta of 1.705, indicating it's more volatile than the market. It has seen a 52-week low of $43.41 and a high of $98.79. The 50-day moving average is $84.39, while the 200-day moving average is $69.62. The company maintains a healthy current ratio of 2.655 and a quick ratio of 2.529, with a debt-to-equity ratio of 61.544.

Recent Earnings

CAVA Group, Inc. reported revenue of $1.29 billion, reflecting a growth of 32.1%. The company posted an EPS of $0.52, with a net margin of 4.79% and a return on equity of 8.02%. The next earnings report is expected on August 21, 2026.

Analysts Set New Price Targets

On June 10, 2026, UBS upgraded CAVA Group, Inc. to a 'buy' rating with a price target of $90. DA Davidson maintained a 'hold' rating with an $84 target on May 21, 2026. Roth Capital reiterated its 'buy' rating and set a target of $106 on May 20, 2026. Piper Sandler and RBC Capital both maintained 'buy' ratings with targets of $92 and $105, respectively, on May 20, 2026. The consensus recommendation is a 'buy', with a mean target price of $92 from 24 analyst opinions.

About CAVA Group, Inc.

CAVA Group, Inc. operates a chain of restaurants under the CAVA brand across the United States. The company also sells dips, spreads, and dressings through grocery stores. It provides various ordering platforms, including walk-the-line, online, and mobile options. Founded in 2006 and headquartered in Washington, DC, CAVA Group is led by CEO Brett Schulman and employs around 13,480 people.

Bottom Line

Benjamin Felt's recent purchase of CAVA Group shares adds to the insider activity at the company. Investors often watch insider buying as it can signal confidence in the company's future. CAVA Group's robust market presence and analyst upgrades reflect its potential in the competitive restaurant industry. Keep in mind that insider transactions are part of routine filings and may not indicate current positions.