Summary by Moomoo AI
On December 31, 2023, T. Rowe Price Investment Management, Inc. filed a Schedule 13G with the United States Securities and Exchange Commission, disclosing a 9.8% ownership stake in CAVA Group Inc. The filing indicates that T. Rowe Price Investment Management has sole voting power over 3,676,339 shares and sole dispositive power over 11,157,831 shares of CAVA Group's common stock. The investment firm, based in Maryland, clarified that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of CAVA Group. The filing was certified by Armando Capasso, Vice President of T. Rowe Price Investment Management, on February 14, 2024.