Chewy (NYSE:CHWY) CTO Sells 8,872 Shares

Chewy (NYSE:CHWY) CTO Satish Mehta sold 8,872 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $33.53, for a total transaction of $297,478.16. Following the transaction, the chief technology officer owned 229,702 shares in the company, valued at approximately $7,701,908.06. This trade represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Satish Mehta also recently made the following trade(s):

• On Tuesday, December 2nd, Satish Mehta sold 6,056 shares of Chewy stock. The shares were sold at an average price of $33.73, for a total transaction of $204,268.88.
• On Tuesday, November 4th, Satish Mehta sold 4,642 shares of Chewy stock. The stock was sold at an average price of $32.65, for a total value of $151,561.30.
• On Monday, November 3rd, Satish Mehta sold 3,288 shares of Chewy stock. The stock was sold at an average price of $32.72, for a total value of $107,583.36.

Chewy Stock Performance

Chewy stock traded down $0.66 during midday trading on Thursday, reaching $33.29. The company’s stock had a trading volume of 5,992,176 shares, compared to its average volume of 6,658,625. The firm has a market capitalization of $13.81 billion, a PE ratio of 95.11, a P/E/G ratio of 8.18 and a beta of 1.58. Chewy has a fifty-two week low of $29.83 and a fifty-two week high of $48.62. The stock’s 50 day simple moving average is $35.67 and its 200 day simple moving average is $38.72.

Chewy (NYSE:CHWY) last posted its quarterly earnings results on Wednesday, September 10th. The company reported $0.33 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.33. The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.08 billion. Chewy had a net margin of 1.22% and a return on equity of 50.45%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $0.24 EPS. Chewy has set its Q3 2025 guidance at 0.280-0.330 EPS. Equities analysts predict that Chewy will post 0.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CHWY. JMP Securities reaffirmed a “market outperform” rating and set a $48.00 price target on shares of Chewy in a research note on Thursday, September 11th. Deutsche Bank Aktiengesellschaft raised shares of Chewy from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Thursday, September 11th. JPMorgan Chase & Co. decreased their target price on shares of Chewy from $47.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, September 11th. Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a report on Thursday, September 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.17.

Institutional Trading of Chewy

A number of institutional investors and hedge funds have recently modified their holdings of CHWY. Quent Capital LLC acquired a new position in shares of Chewy in the 3rd quarter valued at about $27,000. Osterweis Capital Management Inc. bought a new position in Chewy in the second quarter worth about $30,000. Princeton Global Asset Management LLC acquired a new position in Chewy in the third quarter valued at approximately $40,000. Strategic Advocates LLC acquired a new position in Chewy in the third quarter valued at approximately $43,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Chewy by 412.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock valued at $46,000 after purchasing an additional 878 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Chewy Company 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.