Early Access — free while we kick the tires
EdgarHawk

SHAICH RONALD M

Director

Director
3 filings analyzed · 1 company · Latest 2024-12-11

Companies

Company Buys Sells Direction
CAVA GROUP, INC. CAVA 0 16 Net selling

Activity

December 2024
2024-12-11 CAVA GROUP, INC. CAVA
high
Sell
1,367,221 shares
$204,262,817
Significance 8/10

CAVA Director Shaich sold 1,367,221 shares for $204,262,817.40 on 2024-12-09, reducing holdings by 84.4%

Ronald M. Shaich, a director of CAVA GROUP, INC., executed three separate sales totaling 1,367,221 shares (1.37M shares) for $204,262,817.40 ($204.3M) at a blended average price of $149.40 on 2024-12-09. This transaction reduced his holdings from 1,620,527 shares to 253,306 shares—an 84.4% reduction in his position. Notably, the execution price of $149.40 represents a recent peak near the 52-week high of $150.88; the stock has since declined 15.4% to the current price of $127.59, falling 13.7% over the past 30 days. In the context of his prior CAVA trades, Shaich's five previous sales at this ticker (all in August and September 2024) were followed by positive 90-day returns, with a timing pattern of 0 of 5 well-timed (0% success rate at capturing declines). The massive scale and near-peak execution of this transaction—liquidating the vast majority of his director-level stake—stands in contrast to the company's strong fundamentals: 29.2% annual revenue growth and a $14.6B market cap, though the elevated P/E of 579.95 reflects current valuation pressures.

September 2024
2024-09-11 CAVA GROUP, INC. CAVA
high
Sell
945,603 shares
$111,486,594
Significance 8/10

Director Ronald M Shaich sold entire stake: 945,603 shares for $111,486,593.70 at CAVA on 2024-09-09

Director Ronald M Shaich executed 3 separate sales totaling 945,603 shares for $111,486,593.70 on 2024-09-09, reducing his holdings from 945,603 shares to 0 shares—a complete exit from his director position at CAVA. The sales occurred at $117.90 per share against a current price of $121.25, meaning the director sold approximately 2.8% below current market levels despite the stock trading near its 52-week high of $125.80. Across his open-market history covering all tickers, his 10 prior sells averaged a 90-day return of +36.7% with a well-timed rate of 0.00%, indicating his prior sales have not preceded declines; at CAVA specifically, he conducted 5 prior sales on 2024-08-28 with outcomes not yet measurable. The company reports annual revenue growth of +29.2% and a P/E of 551.14, reflecting elevated valuation relative to earnings. A complete director liquidation of this magnitude—$111.5M in gross proceeds—represents a material capital event that merits investor scrutiny regarding any changes in board-level conviction or strategic direction.

August 2024
2024-08-30 CAVA GROUP, INC. CAVA
high
Sell
110,053 shares
$13,091,201
Significance 8/10

Director Ronald Shaich sells entire 110,053-share stake in CAVA for $13.1M at $118.95 avg; exits position completely

Ronald Shaich, a director at CAVA Group, executed 6 separate sales on 2024-08-28 totaling 110,053 shares for $13,091,201.18, reducing his holdings from 110,053 shares to 0 shares—a complete exit of his position. The sales occurred at a blended average price of $118.95, which was near the 52-week high of $125.80 (currently down to $114.04). At CAVA specifically, Shaich's prior 4 trades show a mixed pattern: three June 2024 sales each returned +8.9% over 30 days, and a March 2024 sale returned +16.7% over 30 days and +61.8% over 90 days—though that March trade represents his only measurable 90-day outcome at this ticker and was not well-timed (the stock rose after his sale, meaning he sold before capturing subsequent gains). His cross-ticker track record across 4 prior open-market sales shows an average 90-day return of +61.8% and a 0.00% well-timed rate, indicating his prior sales have not preceded stock declines. The complete liquidation of his CAVA stake warrants attention given the director's prior trading pattern and the current elevated valuation (P/E of 518.36).

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access