Azzad Asset Management Inc. ADV Acquires Shares of 32,152 Chewy $CHWY

Azzad Asset Management Inc. ADV acquired a new stake in shares of Chewy (NYSE:CHWY) in the third quarter, Holdings Channel reports. The firm acquired 32,152 shares of the company’s stock, valued at approximately $1,301,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust raised its holdings in shares of Chewy by 34.5% during the second quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock valued at $49,000 after purchasing an additional 298 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Chewy by 4.0% during the third quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock valued at $316,000 after purchasing an additional 302 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Chewy by 3.2% in the 3rd quarter. Sivia Capital Partners LLC now owns 11,072 shares of the company’s stock worth $448,000 after buying an additional 343 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in Chewy by 1.4% in the 2nd quarter. Los Angeles Capital Management LLC now owns 28,418 shares of the company’s stock worth $1,211,000 after purchasing an additional 384 shares during the period. Finally, Hantz Financial Services Inc. grew its stake in Chewy by 2.8% during the second quarter. Hantz Financial Services Inc. now owns 15,637 shares of the company’s stock valued at $666,000 after acquiring an additional 425 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Insider Transactions at Chewy

In other news, CEO Sumit Singh sold 40,789 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the sale, the chief executive officer owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. This represents a 6.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $28.99, for a total value of $377,246.87. Following the sale, the chief technology officer owned 273,835 shares in the company, valued at approximately $7,938,476.65. This trade represents a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 69,369 shares of company stock valued at $2,276,360 over the last 90 days. 0.43% of the stock is currently owned by company insiders.

Chewy Stock Up 5.8%

Shares of NYSE CHWY opened at $28.10 on Monday. The firm has a market cap of $11.66 billion, a price-to-earnings ratio of 58.54, a price-to-earnings-growth ratio of 1.89 and a beta of 1.59. The company’s 50-day simple moving average is $32.22 and its 200-day simple moving average is $35.34. Chewy has a 52-week low of $26.34 and a 52-week high of $48.62.

Chewy (NYSE:CHWY) last posted its quarterly earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the business earned $0.20 earnings per share. The business’s revenue was up 8.1% compared to the same quarter last year. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. Equities research analysts anticipate that Chewy will post 0.24 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Citigroup reiterated a “market outperform” rating on shares of Chewy in a research report on Monday, November 24th. Barclays lifted their price objective on shares of Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Wolfe Research set a $44.00 price objective on shares of Chewy in a research note on Monday, January 5th. TD Cowen reaffirmed a “buy” rating on shares of Chewy in a research report on Thursday, December 4th. Finally, The Goldman Sachs Group upped their price target on Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $47.21.

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.