Chewy (NYSE:CHWY) Short Interest Update

Chewy (NYSE:CHWY) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 15,281,280 shares, an increase of 33.4% from the December 15th total of 11,457,182 shares. Based on an average trading volume of 6,741,616 shares, the days-to-cover ratio is presently 2.3 days. Currently, 3.7% of the company’s shares are short sold. Currently, 3.7% of the company’s shares are short sold. Based on an average trading volume of 6,741,616 shares, the days-to-cover ratio is presently 2.3 days.

Analyst Upgrades and Downgrades

CHWY has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a research report on Thursday, December 11th. UBS Group set a $51.00 target price on Chewy in a report on Tuesday, January 13th. Barclays lifted their target price on Chewy from $47.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Wedbush set a $42.00 price target on Chewy and gave the company an “outperform” rating in a research report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Chewy has a consensus rating of “Moderate Buy” and an average price target of $47.21.

Insiders Place Their Bets

In related news, CTO Satish Mehta sold 8,872 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $33.53, for a total transaction of $297,478.16. Following the completion of the sale, the chief technology officer owned 229,702 shares of the company’s stock, valued at approximately $7,701,908.06. This represents a 3.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction that occurred 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 owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. This represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 83,985 shares of company stock valued at $2,802,809 over the last quarter. Company insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Chewy

A number of institutional investors have recently bought and sold shares of the business. Quent Capital LLC acquired a new position in shares of Chewy during the 3rd quarter worth $27,000. CoreCap Advisors LLC boosted its holdings in Chewy by 306.3% in the fourth quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock worth $28,000 after purchasing an additional 637 shares in the last quarter. Osterweis Capital Management Inc. acquired a new position in Chewy during the second quarter worth $30,000. Princeton Global Asset Management LLC acquired a new position in Chewy during the third quarter worth $40,000. Finally, Strategic Advocates LLC bought a new position in Chewy during the third quarter valued at about $43,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Chewy Stock Performance

Shares of Chewy stock traded up $0.98 on Monday, reaching $33.75. 13,870,226 shares of the company were exchanged, compared to its average volume of 6,473,929. The firm has a market cap of $14.01 billion, a price-to-earnings ratio of 68.86, a P/E/G ratio of 3.42 and a beta of 1.56. Chewy has a 1-year low of $29.83 and a 1-year high of $48.62. The company’s 50-day moving average is $33.27 and its two-hundred day moving average is $36.25.

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

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.