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

Chewy (NYSE:CHWY) 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 value of $110,745.00. Following the completion of the transaction, the chief accounting officer directly owned 36,595 shares in the company, valued at approximately $841,685. The trade was a 11.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chewy Stock Performance

Chewy stock opened at $23.02 on Friday. Chewy has a 52 week low of $17.40 and a 52 week high of $37.34. The company has a current ratio of 0.84, a quick ratio of 0.42 and a debt-to-equity ratio of 1.59. The stock has a market cap of $9.25 billion, a P/E ratio of 34.87, a price-to-earnings-growth ratio of 0.97 and a beta of 1.33. The stock has a 50 day moving average of $20.82 and a 200-day moving average of $23.15.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, September 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.18. The business 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 was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 earnings per share. On average, analysts expect that Chewy will post 0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CHWY. Zacks Research upgraded shares of Chewy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. The Goldman Sachs Group reduced their price target on shares of Chewy from $34.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, September 11th. Raymond James Financial lifted their price target on Chewy from $25.00 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. UBS Group reissued a “neutral” rating on shares of Chewy in a report on Thursday, September 10th. Finally, Rosenblatt Securities cut their price objective on Chewy from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.45.

Institutional Trading of Chewy

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Chewy by 12.7% in the first quarter. Bank of America Corp DE now owns 4,816,924 shares of the company’s stock valued at $130,057,000 after buying an additional 542,298 shares during the period. Van Berkom & Associates Inc. bought a new position in Chewy during the third quarter valued at about $52,181,000. Dimensional Fund Advisors LP boosted its stake in Chewy by 49.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,739,267 shares of the company’s stock valued at $46,942,000 after buying an additional 578,801 shares in the last quarter. Amundi grew its holdings in Chewy by 191.8% during the first quarter. Amundi now owns 1,466,126 shares of the company’s stock worth $39,584,000 after acquiring an additional 963,750 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in Chewy by 0.5% during the first quarter. The Manufacturers Life Insurance Company now owns 839,927 shares of the company’s stock worth $22,678,000 after acquiring an additional 3,942 shares during the period. Institutional investors own 93.09% of the company’s stock.

Key Headlines Impacting Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Chewy launched its Spirited Paw pet-supplement line, which may broaden its pet-health offering and support growth in that category. Article: Chewy Stock Gets A Pet Supplements Boost With Spirited Paw Launch
• Positive Sentiment: Holiday-themed promotions could help Chewy attract seasonal shopping and engagement, though the article provides no sales figures. Article: Move Over, Santa—Chewy Claus Is Here to Spoil Your Pets This Holiday Season
• Neutral Sentiment: A comparison of Chewy and GameStop highlighted Chewy’s pet-health services and subscription-based revenue model as parts of its investment case, but offered no new company-specific results. Article: Chewy vs. GameStop: Which Consumer Stock Is a Better Buy for 2027?
• Negative Sentiment: CEO Sumit Singh sold 23,002 shares and Chief Accounting Officer William Billings sold 4,815 shares. The sales may weigh on sentiment, although both were made under pre-arranged Rule 10b5-1 plans; Singh retained a substantial stake. Article: Chewy CEO Sells Stock

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.