Chewy (NYSE:CHWY) Stock: Insider William Billings Sells 4,815 Shares

Chewy (NYSE:CHWY) CAO William Billings sold 4,815 shares of the business’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $23.00, for a total value of $110,745.00. Following the transaction, the chief accounting officer 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 document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chewy Price Performance

Shares of NYSE CHWY traded down $0.39 during mid-day trading on Thursday, reaching $23.02. 9,461,753 shares of the company traded hands, compared to its average volume of 8,573,606. Chewy has a fifty-two week low of $17.40 and a fifty-two week high of $37.34. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.42. The firm has a market cap of $9.25 billion, a PE ratio of 34.87, a price-to-earnings-growth ratio of 0.92 and a beta of 1.33. The stock has a fifty day simple moving average of $20.82 and a 200-day simple moving average of $23.15.

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

Analyst Ratings Changes

CHWY has been the subject of several research analyst reports. Mizuho reduced their price objective on Chewy from $32.00 to $28.00 and set an “outperform” rating for the company in a research note on Tuesday, September 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a research note on Thursday, September 10th. Morgan Stanley dropped their price target on shares of Chewy from $37.00 to $36.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Zacks Research upgraded Chewy from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Finally, Rosenblatt Securities reduced their price objective on Chewy from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.45.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CHWY. Maryland State Retirement & Pension System lifted its holdings in shares of Chewy by 28.5% during the third quarter. Maryland State Retirement & Pension System now owns 13,465 shares of the company’s stock worth $245,000 after buying an additional 2,986 shares during the last quarter. Advisor Resource Council increased its position in Chewy by 8.4% during the third quarter. Advisor Resource Council now owns 14,764 shares of the company’s stock worth $269,000 after acquiring an additional 1,150 shares during the period. Davis Investment Partners LLC acquired a new position in Chewy during the 3rd quarter valued at $315,000. Van Berkom & Associates Inc. bought a new stake in shares of Chewy in the third quarter valued at about $52,181,000. Finally, Pictet Asset Management Holding SA lifted its position in Chewy by 6.3% in the third quarter. Pictet Asset Management Holding SA now owns 36,327 shares of the company’s stock worth $661,000 after purchasing an additional 2,150 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Chewy News Summary

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Chewy is expanding into pet supplements with the launch of Spirited Paw, a move that could broaden its pet-health assortment and create additional sales opportunities. Article: Chewy Stock Gets A Pet Supplements Boost With Spirited Paw Launch
• Positive Sentiment: A comparison of Chewy and GameStop points to Chewy’s expanding higher-margin pet-health services and subscription-based revenue as strengths for its longer-term investment case. Article: Chewy vs. GameStop: Which Consumer Stock Is a Better Buy for 2027?
• Neutral Sentiment: Chewy’s holiday-themed promotions may support seasonal visibility and sales, but the coverage does not provide evidence of a material financial impact. Article: Move Over, Santa—Chewy Claus Is Here to Spoil Your Pets This Holiday Season
• Negative Sentiment: CEO Sumit Singh sold 23,002 shares for about $492,000, reducing his holdings by roughly 2.5%. The sale was made under a pre-arranged Rule 10b5-1 plan, which tempers—but does not eliminate—the potential negative signal investors may take from insider selling. Article: Chewy CEO Sells Stock

About Chewy

Chewy, Inc is an e-commerce company focused on pet products and services. Through its website and mobile platforms, the company sells pet food, treats, toys, supplies, and accessories for dogs, cats, fish, birds, reptiles, and other household pets.

Chewy also offers pet medications and veterinary-related products through its online pharmacy, as well as services such as Autoship subscriptions, which allow customers to schedule recurring deliveries. Its assortment includes national brands and private-label products, and the company emphasizes customer service, convenience, and personalized recommendations.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated as an online pet-food retailer before expanding into a broader pet-commerce platform.