Chewy (NYSE:CHWY) CAO Sells $110,745.00 in Stock
by Renee Jackson · The Cerbat GemChewy (NYSE:CHWY – Get Free Report) CAO William Billings sold 4,815 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $23.00, for a total transaction of $110,745.00. Following the transaction, the chief accounting officer directly owned 36,595 shares in the company, valued at $841,685. The trade was a 11.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Chewy Trading Down 1.6%
Chewy stock traded down $0.39 during trading on Thursday, hitting $23.02. The company’s stock had a trading volume of 9,461,753 shares, compared to its average volume of 8,573,606. The stock has a market capitalization of $9.25 billion, a price-to-earnings ratio of 34.87, a P/E/G ratio of 0.92 and a beta of 1.33. The stock’s fifty day moving average is $20.82 and its 200 day moving average is $23.15. Chewy has a 1-year low of $17.40 and a 1-year high of $37.34. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.42 and a current ratio of 0.84.
Chewy (NYSE:CHWY – Get Free Report) last announced its quarterly earnings data on Wednesday, September 9th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.18. Chewy had a net margin of 2.09% and a return on equity of 60.88%. The business had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the firm posted $0.33 EPS. The company’s revenue was up 7.3% on a year-over-year basis. As a group, equities research analysts predict that Chewy will post 0.76 EPS for the current year.
Analyst Upgrades and Downgrades
CHWY has been the topic of a number of analyst reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $28.00 target price on shares of Chewy in a research report on Thursday, September 10th. Weiss Ratings raised Chewy from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, September 28th. Piper Sandler restated an “overweight” rating on shares of Chewy in a research note on Friday, August 21st. Rosenblatt Securities dropped their price objective on Chewy from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, September 10th. Finally, Morgan Stanley dropped their price objective on Chewy from $37.00 to $36.00 and set an “overweight” rating on the stock in a 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.45.
Read Our Latest Report on CHWY
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
Institutional Trading of Chewy
A number of institutional investors and hedge funds have recently modified their holdings of CHWY. Maryland State Retirement & Pension System raised its position in shares of Chewy by 28.5% during the 3rd quarter. Maryland State Retirement & Pension System now owns 13,465 shares of the company’s stock worth $245,000 after purchasing an additional 2,986 shares during the period. Advisor Resource Council lifted its stake in Chewy by 8.4% in the third quarter. Advisor Resource Council now owns 14,764 shares of the company’s stock valued at $269,000 after buying an additional 1,150 shares during the last quarter. Davis Investment Partners LLC bought a new stake in Chewy in the third quarter valued at $315,000. Van Berkom & Associates Inc. acquired a new position in shares of Chewy during the third quarter valued at $52,181,000. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of Chewy by 6.3% during the third quarter. Pictet Asset Management Holding SA now owns 36,327 shares of the company’s stock valued at $661,000 after acquiring an additional 2,150 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.
Chewy Company Profile
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.
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