Chewy $CHWY Stock Position Lessened by BC Partners PE LP

BC Partners PE LP lessened its stake in shares of Chewy (NYSE:CHWY) by 7.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 176,478,228 shares of the company’s stock after selling 13,280,212 shares during the period. Chewy makes up about 81.9% of BC Partners PE LP’s portfolio, making the stock its biggest position. BC Partners PE LP owned approximately 0.43% of Chewy worth $5,832,605,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. CoreCap Advisors LLC grew its position in Chewy by 306.3% during the 4th quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock worth $28,000 after purchasing an additional 637 shares during the last quarter. Harbour Investments Inc. grew its position in Chewy by 81.4% during the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after purchasing an additional 407 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in Chewy during the 2nd quarter worth approximately $30,000. Los Angeles Capital Management LLC purchased a new stake in Chewy during the 4th quarter worth approximately $31,000. Finally, Modus Advisors LLC purchased a new stake in Chewy during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Chewy Price Performance

CHWY opened at $17.81 on Thursday. The firm has a fifty day moving average price of $23.00 and a 200 day moving average price of $27.10. Chewy has a 1 year low of $17.77 and a 1 year high of $43.84. The stock has a market cap of $7.42 billion, a P/E ratio of 29.68, a P/E/G ratio of 0.95 and a beta of 1.44.

Chewy (NYSE:CHWY) last posted its earnings results on Wednesday, June 10th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.19. Chewy had a net margin of 1.99% and a return on equity of 60.02%. The firm had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same period in the previous year, the business posted $0.35 EPS. The business’s revenue was up 9.7% compared to the same quarter last year. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. Equities analysts expect that Chewy will post 0.8 EPS for the current year.

Analysts Set New Price Targets

CHWY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Chewy from $45.00 to $32.00 and set a “buy” rating on the stock in a research report on Thursday, June 11th. Mizuho dropped their target price on shares of Chewy from $50.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 3rd. The Goldman Sachs Group dropped their target price on shares of Chewy from $46.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, June 12th. Bank of America dropped their target price on shares of Chewy from $33.00 to $31.00 in a research report on Thursday, June 11th. Finally, Citizens Jmp dropped their price objective on shares of Chewy from $45.00 to $28.00 and set a “market outperform” rating on the stock in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Chewy presently has a consensus rating of “Moderate Buy” and an average target price of $32.05.

Insider Buying and Selling at Chewy

In other Chewy news, CEO Sumit Singh sold 83,306 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $25.60, for a total transaction of $2,132,633.60. Following the completion of the transaction, the chief executive officer directly owned 874,061 shares in the company, valued at approximately $22,375,961.60. This represents a 8.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Da-Wai Hu sold 8,149 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $26.91, for a total transaction of $219,289.59. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 95,675 shares of company stock valued at $2,459,955. Company insiders own 0.34% of the company’s stock.

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.