Chewy (NYSE:CHWY) CEO Sumit Singh Sells 40,789 Shares

Chewy (NYSE:CHWY) CEO Sumit Singh sold 40,789 shares of the stock in a transaction on 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 transaction, the chief executive officer owned 623,185 shares of the company’s stock, valued at $21,020,030.05. This trade represents a 6.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Sumit Singh also recently made the following trade(s):

• On Tuesday, December 2nd, Sumit Singh sold 639 shares of Chewy stock. The shares were sold at an average price of $33.73, for a total transaction of $21,553.47.
• On Monday, November 3rd, Sumit Singh sold 2,289 shares of Chewy stock. The shares were sold at an average price of $32.72, for a total transaction of $74,896.08.
• On Monday, November 3rd, Sumit Singh sold 16,289 shares of Chewy stock. The stock was sold at an average price of $32.72, for a total value of $532,976.08.

Chewy Stock Performance

CHWY stock traded down $0.66 during midday trading on Thursday, reaching $33.29. 5,992,176 shares of the company traded hands, compared to its average volume of 6,658,625. Chewy has a 52-week low of $29.83 and a 52-week high of $48.62. The business has a 50 day moving average of $35.67 and a 200-day moving average of $38.72. The firm has a market capitalization of $13.81 billion, a price-to-earnings ratio of 95.11, a P/E/G ratio of 8.18 and a beta of 1.58.

Chewy (NYSE:CHWY) last posted its quarterly earnings data on Wednesday, September 10th. The company reported $0.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.33. The business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.08 billion. Chewy had a return on equity of 50.45% and a net margin of 1.22%.The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the company earned $0.24 EPS. Chewy has set its Q3 2025 guidance at 0.280-0.330 EPS. Research analysts anticipate that Chewy will post 0.24 earnings per share for the current year.

Institutional Trading of Chewy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Quent Capital LLC bought a new position in Chewy in the third quarter worth approximately $27,000. Osterweis Capital Management Inc. bought a new stake in Chewy during the 2nd quarter valued at $30,000. Princeton Global Asset Management LLC bought a new stake in Chewy during the 3rd quarter valued at $40,000. Strategic Advocates LLC purchased a new stake in shares of Chewy in the 3rd quarter worth $43,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Chewy by 412.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock worth $46,000 after buying an additional 878 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

CHWY has been the subject of several recent analyst reports. JMP Securities reaffirmed a “market outperform” rating and set a $48.00 price objective on shares of Chewy in a research note on Thursday, September 11th. Mizuho restated an “outperform” rating and issued a $50.00 target price on shares of Chewy in a report on Tuesday, November 4th. Wedbush reiterated an “outperform” rating and set a $45.00 price target on shares of Chewy in a report on Thursday, September 11th. Royal Bank Of Canada reduced their price objective on shares of Chewy from $44.00 to $43.00 and set an “outperform” rating on the stock in a research report on Thursday, September 11th. Finally, Robert W. Baird decreased their price objective on shares of Chewy from $52.00 to $48.00 and set an “outperform” rating for the company in a research note on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Chewy presently has an average rating of “Moderate Buy” and a consensus price target of $46.17.

About Chewy

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.