Summary by Moomoo AI
Artal International S.C.A., a significant shareholder in CAVA Group, Inc. [CAVA], completed a substantial sale of shares on November 18, 2024. The transaction involved the disposal of 8,000,000 shares of common stock at a price of $134.13 per share, resulting in a total market value of approximately $1.07 billion. Following the sale, Artal International's direct holdings in CAVA Group amounted to 9,507,990 shares. The sale was conducted on the open market and is part of the normal course of investment management activities for Artal International.
