Insider Selling: Chewy (NYSE:CHWY) General Counsel Sells $81,916.47 in Stock

Chewy (NYSE:CHWY) General Counsel Da-Wai Hu sold 4,203 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $19.49, for a total transaction of $81,916.47. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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 stock was sold at an average price of $26.91, for a total value of $219,289.59.

Chewy Trading Up 0.9%

Shares of Chewy stock opened at $20.78 on Friday. Chewy has a twelve month low of $17.40 and a twelve month high of $43.50. The stock has a market capitalization of $8.51 billion, a P/E ratio of 34.64, a PEG ratio of 1.03 and a beta of 1.45. The business’s fifty day moving average price is $21.29 and its 200 day moving average price is $25.92.

Chewy (NYSE:CHWY) last announced its quarterly earnings results on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.24 by $0.19. The company had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.35 billion. Chewy had a return on equity of 60.02% and a net margin of 1.99%.The firm’s revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.35 earnings per share. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. As a group, sell-side analysts predict that Chewy will post 0.81 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CHWY. BNP Paribas Exane reaffirmed a “neutral” rating and set a $28.00 price target (down from $38.00) on shares of Chewy in a research report on Thursday, March 26th. Guggenheim restated a “buy” rating and set a $45.00 target price on shares of Chewy in a report on Monday, April 27th. UBS Group lowered their price target on Chewy from $32.00 to $24.00 and set a “neutral” rating for the company in a report on Thursday, June 11th. Bank of America reduced their price objective on Chewy from $33.00 to $31.00 in a research note on Thursday, June 11th. Finally, Piper Sandler set a $30.00 target price on Chewy in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $32.05.

Hedge Funds Weigh In On Chewy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Chewy by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock valued at $658,367,000 after purchasing an additional 1,017,214 shares in the last quarter. WINTON GROUP Ltd boosted its stake in shares of Chewy by 110.6% during the 3rd quarter. WINTON GROUP Ltd now owns 239,800 shares of the company’s stock valued at $9,700,000 after buying an additional 125,943 shares during the last quarter. Champlain Investment Partners LLC acquired a new stake in shares of Chewy during the third quarter worth approximately $89,022,000. Jefferies Financial Group Inc. grew its position in shares of Chewy by 550.3% during the fourth quarter. Jefferies Financial Group Inc. now owns 102,249 shares of the company’s stock worth $3,379,000 after buying an additional 86,526 shares in the last quarter. Finally, ING Groep NV bought a new stake in shares of Chewy in the fourth quarter worth $5,883,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

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.