William Blair Investment Management Reduces $2M in CAVA Group, Inc. ($CAVA)
Key Points
- William Blair Investment Management changed its CAVA Group, Inc. ($CAVA) stake by 1.0% last quarter, cutting to 2,393,971 shares worth $217.83 million.
- Wall Street's consensus rating on $CAVA is Buy and an average price target of $92.00.
- $CAVA last traded around $90.99.
William Blair Investment Management trimmed its position in CAVA Group, Inc. ($CAVA) by 1.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,393,971 shares of CAVA Group, Inc. after selling 25,276 shares during the quarter. William Blair Investment Management's holdings in CAVA Group, Inc. were worth $217.83 million as of its most recent filing.
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About CAVA Group, Inc.
CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. It also offers dips, spreads, and dressings through grocery stores. In addition, the company provides walk-the-line, online, and mobile ordering platforms. CAVA Group, Inc. was founded in 2006 and is headquartered in Washington, District Of Columbia.
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