Lecap Asset Management Ltd. Purchases 44,654 Shares of Chewy $CHWY

Lecap Asset Management Ltd. boosted its position in shares of Chewy (NYSE:CHWY) by 215.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 65,368 shares of the company’s stock after acquiring an additional 44,654 shares during the quarter. Chewy accounts for 0.9% of Lecap Asset Management Ltd.’s investment portfolio, making the stock its 12th largest holding. Lecap Asset Management Ltd.’s holdings in Chewy were worth $2,160,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Chewy during the fourth quarter valued at approximately $384,000. MOKAN Wealth Management Inc. bought a new stake in shares of Chewy during the fourth quarter valued at approximately $250,000. Farther Finance Advisors LLC raised its position in shares of Chewy by 115.2% during the fourth quarter. Farther Finance Advisors LLC now owns 13,003 shares of the company’s stock valued at $430,000 after buying an additional 6,960 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of Chewy during the fourth quarter valued at approximately $1,958,000. Finally, Legacy Trust raised its position in shares of Chewy by 2.1% during the fourth quarter. Legacy Trust now owns 111,945 shares of the company’s stock valued at $3,700,000 after buying an additional 2,279 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Barclays reduced their price objective on shares of Chewy from $52.00 to $48.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. JPMorgan Chase & Co. reduced their price objective on shares of Chewy from $46.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, March 26th. Raymond James Financial upgraded shares of Chewy from a “market perform” rating to an “outperform” rating and set a $28.00 price objective on the stock in a research report on Thursday, February 19th. Bank of America reduced their price objective on shares of Chewy from $46.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Finally, UBS Group cut their target price on shares of Chewy from $42.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, March 26th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.91.

Insider Buying and Selling at Chewy

In other Chewy news, General Counsel Da-Wai Hu sold 8,149 shares of Chewy stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total transaction of $219,289.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of Chewy stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $28.99, for a total transaction of $377,246.87. Following the transaction, the chief technology officer directly owned 273,835 shares of the company’s stock, valued at $7,938,476.65. The trade was a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.43% of the stock is owned by insiders.

Chewy Stock Up 2.1%

NYSE CHWY opened at $27.53 on Friday. The company has a fifty day moving average of $25.78 and a two-hundred day moving average of $30.93. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 52.95, a PEG ratio of 1.18 and a beta of 1.61. Chewy has a 52 week low of $22.74 and a 52 week high of $48.62.

Chewy (NYSE:CHWY) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.19). The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Chewy had a return on equity of 53.48% and a net margin of 1.77%.The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 earnings per share. Equities research analysts anticipate that Chewy will post 0.24 EPS for the current year.

Key Chewy News

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Zacks upgraded CHWY to a Rank #1 (Strong Buy), signaling stronger earnings optimism that can spur buying interest. Chewy (CHWY) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Market coverage reporting that CHWY outperformed the broader market today (shares settling higher) is reinforcing momentum and visibility among retail investors. Chewy (CHWY) Beats Stock Market Upswing: What Investors Need to Know
• Positive Sentiment: Analyst/commentary pieces (e.g., The Motley Fool) are framing Chewy as an under-the-radar e‑commerce opportunity with large addressable market exposure and visible earnings levers, which can attract longer‑term investors. Prediction: This Under-the-Radar E-Commerce Stock is Set to Soar
• Neutral Sentiment: Valuation and operational analyses note a discounted multiple, an ~83% Autoship sales mix and potential AI-driven savings — positives for margins but dependent on execution; these reports are informative but not definitive catalysts. Is Chewy Stock a Buy, Hold or Sell at Its Current Valuation?
• Neutral Sentiment: “Trending” and watchlist coverage highlights elevated investor interest and pageviews, which can amplify short-term moves but don’t by themselves change fundamentals. Chewy (CHWY) Is a Trending Stock: Facts to Know Before Betting on It

About Chewy

Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.