Chewy (NYSE:CHWY) General Counsel Sells 4,203 Shares of Stock

Chewy (NYSE:CHWY) General Counsel Da-Wai Hu sold 4,203 shares of Chewy stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $19.49, for a total value of $81,916.47. Following the completion of the transaction, the general counsel directly owned 4,103 shares in the company, valued at approximately $79,967.47. This represents a 50.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Da-Wai Hu also recently made the following trade(s):

• On Wednesday, April 1st, Da-Wai Hu sold 8,149 shares of Chewy stock. The shares were sold at an average price of $26.91, for a total transaction of $219,289.59.

Chewy Stock Up 1.0%

Chewy stock traded up $0.20 during mid-day trading on Tuesday, hitting $19.62. 9,022,104 shares of the stock were exchanged, compared to its average volume of 8,843,121. Chewy has a 12 month low of $17.40 and a 12 month high of $43.50. The firm’s fifty day simple moving average is $21.76 and its two-hundred day simple moving average is $26.21. The stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 0.93 and a beta of 1.44.

Chewy (NYSE:CHWY) last posted its quarterly earnings data on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.19. Chewy had a net margin of 1.99% and a return on equity of 60.02%. The company had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same period in the prior year, the firm posted $0.35 EPS. The company’s quarterly revenue was up 9.7% on a year-over-year basis. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. As a group, analysts forecast that Chewy will post 0.8 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CHWY. National Bank of Canada FI boosted its stake in shares of Chewy by 12.5% in the 3rd quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock worth $118,000 after buying an additional 324 shares during the last quarter. Angeles Wealth Management LLC increased its position in shares of Chewy by 6.6% during the third quarter. Angeles Wealth Management LLC now owns 5,305 shares of the company’s stock valued at $215,000 after acquiring an additional 330 shares during the last quarter. 180 Wealth Advisors LLC increased its position in shares of Chewy by 4.4% during the fourth quarter. 180 Wealth Advisors LLC now owns 9,222 shares of the company’s stock valued at $305,000 after acquiring an additional 390 shares during the last quarter. Dynasty Wealth Management LLC lifted its holdings in Chewy by 6.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 6,321 shares of the company’s stock worth $209,000 after acquiring an additional 394 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in Chewy by 81.4% during the fourth quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after acquiring an additional 407 shares during the period. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CHWY. Deutsche Bank Aktiengesellschaft lowered their target price on Chewy from $45.00 to $32.00 and set a “buy” rating for the company in a report on Thursday, June 11th. Bank of America reduced their price objective on shares of Chewy from $33.00 to $31.00 in a research report on Thursday, June 11th. Mizuho lowered their price objective on shares of Chewy from $50.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, June 3rd. Guggenheim reiterated a “buy” rating and set a $45.00 target price on shares of Chewy in a research report on Monday, April 27th. Finally, BNP Paribas Exane reissued a “neutral” rating and set a $28.00 target price (down from $38.00) on shares of Chewy in a research note on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $32.05.

Chewy Company Profile

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.