Diamant Asset Management Inc. Has $9.55 Million Stock Position in Chewy $CHWY

Diamant Asset Management Inc. increased its stake in shares of Chewy (NYSE:CHWY) by 2,600.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 353,700 shares of the company’s stock after acquiring an additional 340,600 shares during the period. Diamant Asset Management Inc.’s holdings in Chewy were worth $9,550,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Chewy by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock worth $658,367,000 after purchasing an additional 1,017,214 shares in the last quarter. WINTON GROUP Ltd grew its stake in shares of Chewy by 110.6% in the third 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 in the last quarter. Champlain Investment Partners LLC bought a new position in shares of Chewy in the third quarter valued at $89,022,000. Jefferies Financial Group Inc. increased its holdings in 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 during the last quarter. Finally, Intech Investment Management LLC lifted its stake in Chewy by 218.6% in the third quarter. Intech Investment Management LLC now owns 173,300 shares of the company’s stock valued at $7,010,000 after acquiring an additional 118,903 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Chewy Price Performance

Shares of NYSE CHWY opened at $18.53 on Friday. Chewy has a 1 year low of $17.40 and a 1 year high of $43.63. The firm has a market cap of $7.59 billion, a PE ratio of 30.89, a price-to-earnings-growth ratio of 0.93 and a beta of 1.44. The company has a 50 day simple moving average of $21.91 and a 200 day simple moving average of $26.38.

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

Insider Buying and Selling at Chewy

In other Chewy news, General Counsel Da-Wai Hu sold 8,149 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total transaction of $219,289.59. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Sumit Singh sold 4,220 shares of the firm’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 $108,032.00. Following the completion of the transaction, the chief executive officer directly owned 123,955 shares in the company, valued at $3,173,248. This trade represents a 3.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last three months, insiders sold 95,675 shares of company stock valued at $2,459,955. 0.34% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CHWY has been the subject of several research reports. Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a report on Thursday, June 11th. TD Cowen reaffirmed a “buy” rating on shares of Chewy in a report on Tuesday. Piper Sandler set a $30.00 price target on shares of Chewy in a report on Wednesday, June 10th. Needham & Company LLC restated a “hold” rating on shares of Chewy in a research report on Thursday, June 11th. Finally, Morgan Stanley cut their target price on Chewy from $43.00 to $42.00 and set an “overweight” rating for the company in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $32.05.

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.