Lion Street Advisors LLC Has $514,000 Stake in Chewy $CHWY

Lion Street Advisors LLC decreased its holdings in shares of Chewy (NYSE:CHWY) by 14.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,062 shares of the company’s stock after selling 2,025 shares during the quarter. Lion Street Advisors LLC’s holdings in Chewy were worth $514,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC raised its stake in Chewy by 104.6% during the first quarter. Golden State Wealth Management LLC now owns 941 shares of the company’s stock worth $31,000 after acquiring an additional 481 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in Chewy during the first quarter worth about $44,000. Parallel Advisors LLC raised its stake in Chewy by 73.2% during the second quarter. Parallel Advisors LLC now owns 1,365 shares of the company’s stock worth $58,000 after acquiring an additional 577 shares in the last quarter. North Star Investment Management Corp. raised its stake in Chewy by 26.6% during the first quarter. North Star Investment Management Corp. now owns 1,678 shares of the company’s stock worth $55,000 after acquiring an additional 353 shares in the last quarter. Finally, MorganRosel Wealth Management LLC acquired a new position in Chewy during the first quarter worth about $65,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Activity at Chewy

In related news, CTO Satish Mehta sold 8,727 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $35.82, for a total transaction of $312,601.14. Following the sale, the chief technology officer owned 276,467 shares in the company, valued at $9,903,047.94. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO William G. Billings sold 20,142 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $35.57, for a total value of $716,450.94. Following the sale, the chief accounting officer owned 29,464 shares in the company, valued at approximately $1,048,034.48. The trade was a 40.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,657 shares of company stock worth $2,444,311 in the last 90 days. Corporate insiders own 0.43% of the company’s stock.

Chewy Trading Down 0.1%

NYSE CHWY opened at $39.07 on Monday. The business’s 50-day moving average price is $38.75 and its two-hundred day moving average price is $39.00. Chewy has a 12 month low of $26.28 and a 12 month high of $48.62. The firm has a market capitalization of $16.21 billion, a PE ratio of 111.62, a price-to-earnings-growth ratio of 9.76 and a beta of 1.62.

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

Analyst Ratings Changes

CHWY has been the topic of a number of research reports. Citigroup reduced their price objective on Chewy from $49.00 to $48.00 and set a “buy” rating on the stock in a research report on Thursday, September 11th. Needham & Company LLC restated a “hold” rating on shares of Chewy in a research report on Thursday, September 11th. 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 report on Thursday, September 11th. Wall Street Zen lowered Chewy from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Finally, TD Cowen reduced their price objective on Chewy from $50.00 to $48.00 and set a “buy” rating on the stock in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Chewy has an average rating of “Moderate Buy” and a consensus target price of $45.84.

About Chewy

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.