North Star Investment Management Corp. Has $132,000 Stock Holdings in Chewy $CHWY

North Star Investment Management Corp. raised its stake in shares of Chewy (NYSE:CHWY) by 84.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,099 shares of the company’s stock after purchasing an additional 1,421 shares during the quarter. North Star Investment Management Corp.’s holdings in Chewy were worth $132,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Aigen Investment Management LP acquired a new stake in Chewy in the 1st quarter valued at $791,000. Jefferies Financial Group Inc. acquired a new stake in shares of Chewy in the 1st quarter valued at $3,251,000. D.A. Davidson & CO. grew its holdings in shares of Chewy by 38.7% in the 1st quarter. D.A. Davidson & CO. now owns 43,725 shares of the company’s stock worth $1,422,000 after purchasing an additional 12,206 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Chewy by 74.5% during the 1st quarter. Victory Capital Management Inc. now owns 139,889 shares of the company’s stock worth $4,548,000 after purchasing an additional 59,711 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Chewy during the 1st quarter worth about $11,326,000. 93.09% of the stock is currently owned by institutional investors.

Chewy Price Performance

CHWY stock opened at $39.66 on Friday. The company has a 50 day moving average price of $38.34 and a 200 day moving average price of $38.51. Chewy has a fifty-two week low of $26.28 and a fifty-two week high of $48.62. The stock has a market capitalization of $16.45 billion, a PE ratio of 113.31, a price-to-earnings-growth ratio of 9.42 and a beta of 1.65.

Chewy (NYSE:CHWY) last released its earnings results on Wednesday, September 10th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.19). Chewy had a return on equity of 50.45% and a net margin of 1.22%.The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter in the previous year, the firm earned $0.24 EPS. The company’s revenue was up 8.6% compared to the same quarter last year. Chewy has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.280-0.330 EPS. As a group, equities analysts expect that Chewy will post 0.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Chewy

In related news, CEO Sumit Singh sold 29,557 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $35.57, for a total transaction of $1,051,342.49. Following the completion of the sale, the chief executive officer directly owned 540,406 shares of the company’s stock, valued at $19,222,241.42. The trade was a 5.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO William G. Billings sold 20,142 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $35.57, for a total transaction of $716,450.94. Following the completion of the transaction, the chief accounting officer owned 29,464 shares in the company, valued at $1,048,034.48. This represents a 40.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 68,657 shares of company stock worth $2,444,311. Company insiders own 0.43% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on CHWY shares. Jefferies Financial Group reaffirmed a “hold” rating and set a $43.00 price objective (up from $41.00) on shares of Chewy in a research note on Thursday, June 5th. UBS Group reduced their target price on Chewy from $46.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, September 11th. Robert W. Baird dropped their price target on Chewy from $52.00 to $48.00 and set an “outperform” rating for the company in a report on Thursday, September 11th. Citigroup cut their price objective on Chewy from $49.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday, September 11th. Finally, JPMorgan Chase & Co. reduced their price objective on Chewy from $47.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.84.

Chewy Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.