SoFi stock falls after announcing $1.5B public offering of common stock
Kenneth Robert Bertram, Chief Legal Officer and Secretary of CAVA Group, INC. (NYSE:CAVA), sold 3,788 shares of common stock on November 26, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $50.70, for a total transaction value of $192,051. The sale price was slightly above CAVA’s current trading price of $48.92, with the stock having experienced significant volatility over the past year, trading between $43.41 and $153.34.
Following the transaction, Bertram directly owns 51,143 shares of CAVA Group, INC., which includes unvested restricted stock units.
Bertram also indirectly owns 1,500 shares by spouse and 195 shares by daughter.
In other recent news, Cava Group’s third-quarter results have been a focal point for investors, showing comparable sales growth of 1.9%. This figure fell short of the broader market expectation of 2.8%, leading to several analyst firms adjusting their price targets for the company. Stifel lowered its price target to $75, citing the softer sales figures, yet maintained a Buy rating. RBC Capital also adjusted its target to $70, attributing the change to macroeconomic challenges impacting the fast-casual sector. TD Cowen reduced its target to $67, highlighting industry slowdowns affecting Cava, despite some positive performance indicators in the current quarter. Piper Sandler set their target at $71, noting the moderation in sales growth. Meanwhile, Citi has placed Cava on its 90-day positive catalyst watch list, anticipating a sales boost once the U.S. government reopens. These recent developments reflect a mixed sentiment among analysts regarding Cava’s near-term performance.
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