Goldman Sachs (10% owner) purchased 594,553 shares across 30 transactions totaling $3,382,595.48 at blended average price $5.69
Goldman Sachs, already holding 11.90M shares post-transaction (representing a 10% stake), executed 30 separate open-market purchases on April 7, 2026 totaling 594,553 shares for $3,382,595.48 at a blended average price of $5.69. The stock currently trades at $5.61, down 75.3% from its 52-week high of $22.74 and down 28.3% over the past 90 days. Sweetgreen is unprofitable with net income of $-36.1M against quarterly revenue of $172.4M, and annual revenue growth stands at +0.4%, indicating minimal top-line expansion and ongoing operational challenges. The timing of this accumulation during steep downward price momentum and while the company remains loss-making warrants scrutiny, particularly given Goldman Sachs' cross-ticker track record showing a 0.00% win rate on 12 prior buys (average 90-day return -3.6%) and 100% win-rate on 8 prior sells.