Chewy (NYSE:CHWY) Shares Up 2.7% – What’s Next?

Chewy (NYSE:CHWY)’s stock price was up 2.7% during mid-day trading on Monday . The company traded as high as $33.35 and last traded at $33.3690. Approximately 1,223,963 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 6,784,146 shares. The stock had previously closed at $32.49.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CHWY shares. UBS Group set a $42.00 price target on shares of Chewy in a report on Thursday, December 11th. Robert W. Baird lowered their price objective on shares of Chewy from $52.00 to $48.00 and set an “outperform” rating on the stock in a research report on Thursday, September 11th. Moffett Nathanson upgraded shares of Chewy from a “neutral” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Thursday, September 25th. Needham & Company LLC reissued a “hold” rating on shares of Chewy in a research report on Thursday, December 11th. Finally, Cowen restated a “buy” rating on shares of Chewy in a research note on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.72.

Chewy Stock Down 1.3%

The company has a market cap of $13.63 billion, a P/E ratio of 68.41, a price-to-earnings-growth ratio of 3.35 and a beta of 1.58. The firm’s 50-day moving average price is $33.64 and its 200-day moving average price is $37.12.

Chewy (NYSE:CHWY) last released its quarterly earnings data on Wednesday, December 10th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.17). Chewy had a net margin of 1.64% and a return on equity of 56.78%. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. As a group, analysts forecast that Chewy will post 0.24 earnings per share for the current year.

Insider Activity

In related news, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the sale, the chief executive officer directly owned 623,185 shares in the company, valued at approximately $21,020,030.05. The trade was a 6.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Satish Mehta sold 8,872 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $33.53, for a total value of $297,478.16. Following the sale, the chief technology officer directly owned 229,702 shares in the company, valued at $7,701,908.06. This trade represents a 3.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 83,985 shares of company stock worth $2,802,809. 0.43% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Chewy

A number of large investors have recently modified their holdings of CHWY. Y Intercept Hong Kong Ltd purchased a new position in Chewy in the 2nd quarter worth approximately $6,480,000. Mutual of America Capital Management LLC boosted its stake in shares of Chewy by 28.0% during the second quarter. Mutual of America Capital Management LLC now owns 109,139 shares of the company’s stock valued at $4,652,000 after purchasing an additional 23,883 shares during the period. BC Partners PE LP bought a new position in shares of Chewy in the first quarter worth approximately $7,142,402,000. CWM LLC increased its stake in shares of Chewy by 8,785.0% in the third quarter. CWM LLC now owns 284,499 shares of the company’s stock worth $11,508,000 after buying an additional 281,297 shares during the period. Finally, Amundi raised its holdings in Chewy by 520.9% during the 1st quarter. Amundi now owns 261,238 shares of the company’s stock valued at $8,796,000 after buying an additional 219,163 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

About Chewy

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.