Nordea Investment Management AB Purchases Shares of 174,953 Chewy $CHWY

Nordea Investment Management AB acquired a new position in shares of Chewy (NYSE:CHWY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 174,953 shares of the company’s stock, valued at approximately $6,967,000.

Other large investors also recently made changes to their positions in the company. Harbor Investment Advisory LLC increased its holdings in Chewy by 148.9% during the third quarter. Harbor Investment Advisory LLC now owns 11,392 shares of the company’s stock worth $461,000 after buying an additional 6,815 shares during the last quarter. Diversified Investment Strategies LLC increased its stake in shares of Chewy by 17.6% during the 3rd quarter. Diversified Investment Strategies LLC now owns 9,200 shares of the company’s stock worth $372,000 after purchasing an additional 1,375 shares during the last quarter. New York State Teachers Retirement System raised its holdings in shares of Chewy by 25.6% in the 3rd quarter. New York State Teachers Retirement System now owns 180,477 shares of the company’s stock valued at $7,300,000 after purchasing an additional 36,803 shares during the period. Bayforest Capital Ltd acquired a new stake in Chewy in the 3rd quarter valued at about $249,000. Finally, Kingswood Wealth Advisors LLC bought a new position in Chewy during the third quarter worth about $262,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Stock Up 3.0%

CHWY stock opened at $33.75 on Friday. The company’s 50-day moving average price is $33.27 and its two-hundred day moving average price is $36.29. Chewy has a 12 month low of $29.83 and a 12 month high of $48.62. The firm has a market cap of $14.01 billion, a P/E ratio of 70.31, a P/E/G ratio of 3.42 and a beta of 1.56.

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on CHWY shares. Morgan Stanley upped their price objective on Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Tuesday. Moffett Nathanson upgraded Chewy from a “neutral” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Thursday, September 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chewy in a report on Wednesday, October 8th. Barclays increased their price objective on shares of Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a research note on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Chewy presently has an average rating of “Moderate Buy” and an average price target of $47.21.

Insider Buying and Selling

In other Chewy news, CTO Satish Mehta sold 8,872 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $33.53, for a total value of $297,478.16. Following the sale, the chief technology officer owned 229,702 shares in the company, valued at approximately $7,701,908.06. The trade was a 3.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sumit Singh sold 40,789 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total value of $1,375,812.97. Following the completion of the sale, the chief executive officer directly owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. The trade was a 6.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 83,985 shares of company stock valued at $2,802,809 in the last three months. Insiders own 0.43% 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.