Insider Selling: Chewy (NYSE:CHWY) CAO Sells $110,745.00 in Stock

Chewy (NYSE:CHWY) CAO William Billings sold 4,815 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $23.00, for a total transaction of $110,745.00. Following the completion of the transaction, the chief accounting officer directly owned 36,595 shares of the company’s stock, valued at $841,685. This trade represents a 11.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chewy Stock Down 1.8%

Chewy stock opened at $22.58 on Friday. The business has a fifty day moving average of $20.82 and a two-hundred day moving average of $23.09. The company has a quick ratio of 0.42, a current ratio of 0.84 and a debt-to-equity ratio of 1.59. The firm has a market cap of $9.07 billion, a P/E ratio of 34.21, a P/E/G ratio of 0.94 and a beta of 1.33. Chewy has a twelve month low of $17.40 and a twelve month high of $37.34.

Chewy (NYSE:CHWY) last announced its earnings results on Wednesday, September 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.18. Chewy had a return on equity of 60.88% and a net margin of 2.09%. The business had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter last year, the firm earned $0.33 EPS. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts forecast that Chewy will post 0.76 earnings per share for the current fiscal year.

Institutional Trading of Chewy

A number of institutional investors have recently made changes to their positions in CHWY. Diversified Trust Co grew its holdings in shares of Chewy by 26.0% during the third quarter. Diversified Trust Co now owns 45,758 shares of the company’s stock valued at $833,000 after buying an additional 9,448 shares during the last quarter. Legacy Trust raised its stake in Chewy by 2.7% in the 3rd quarter. Legacy Trust now owns 130,739 shares of the company’s stock worth $2,379,000 after acquiring an additional 3,434 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Chewy by 63.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 104,725 shares of the company’s stock worth $1,906,000 after acquiring an additional 40,650 shares during the last quarter. Eurizon Capital SGR S.p.A. raised its stake in Chewy by 596.3% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,894 shares of the company’s stock worth $35,000 after acquiring an additional 1,622 shares during the last quarter. Finally, Maryland State Retirement & Pension System raised its stake in Chewy by 28.5% in the 3rd quarter. Maryland State Retirement & Pension System now owns 13,465 shares of the company’s stock worth $245,000 after acquiring an additional 2,986 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Key Headlines Impacting Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Chewy launched its Spirited Paw pet-supplement line, expanding its pet-health assortment and potentially supporting growth in the category; no sales impact was reported. Article: Chewy Stock Gets a Pet Supplements Boost With Spirited Paw Launch
• Positive Sentiment: Chewy’s holiday-themed promotions may help attract seasonal shoppers, although the coverage provided no evidence of an effect on revenue. Article: Move Over, Santa—Chewy Claus Is Here to Spoil Your Pets This Holiday Season
• Neutral Sentiment: A comparison with GameStop cited Chewy’s pet-health services and subscription-based revenue model as strengths, but did not provide new company results or guidance. Article: Chewy vs. GameStop: Which Consumer Stock Is a Better Buy for 2027?
• Negative Sentiment: CEO Sumit Singh sold 23,002 shares at an average $21.40, and Chief Accounting Officer William Billings sold 4,815 shares at $23. Both transactions were made under pre-arranged Rule 10b5-1 plans, which may temper—but not eliminate—investor concern about insider selling. Article: Chewy CAO William Billings Sells 4,815 Shares
• Negative Sentiment: A report said CHWY fell below its 200-day moving average, a technical signal that can reinforce bearish sentiment. Article: Chewy Stock Breaks Below Two Hundred Day Moving Average After Insider Selling

Analyst Ratings Changes

CHWY has been the topic of several analyst reports. Raymond James Financial lifted their target price on Chewy from $25.00 to $28.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. Citizens Jmp reissued a “market outperform” rating and set a $28.00 price target on shares of Chewy in a research report on Thursday, September 10th. Piper Sandler restated an “overweight” rating on shares of Chewy in a report on Friday, August 21st. Robert W. Baird lowered their price target on shares of Chewy from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Thursday, September 10th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.45.

Chewy Company Profile

Chewy, Inc is an online retailer focused on pet food, supplies and related services. Through its website and mobile app, the company sells products for dogs, cats and other pets, including food, treats, toys, bedding and grooming supplies.

Chewy also offers pet medications and health products through Chewy Pharmacy, along with services such as veterinary care. Its business combines product sales with services designed to support pet owners throughout their pets’ lives.

Founded in 2011, Chewy primarily serves customers in the United States.