Chewy (NYSE:CHWY) Short Interest Update

Chewy (NYSE:CHWY) saw a large increase in short interest in 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. Approximately 3.7% of the shares of the company are sold short. Based on an average daily volume of 6,741,616 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily volume of 6,741,616 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.7% of the shares of the company are sold short.

Insider Activity at Chewy

In related news, CAO William G. Billings sold 1,121 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $32.72, for a total value of $36,679.12. Following the sale, the chief accounting officer owned 31,045 shares in the company, valued at approximately $1,015,792.40. This represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Satish Mehta sold 8,872 shares of the stock in a transaction dated 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 transaction, the chief technology officer directly owned 229,702 shares in the company, valued at $7,701,908.06. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 83,985 shares of company stock worth $2,802,809. Insiders own 0.43% of the company’s stock.

Institutional Trading of Chewy

A number of institutional investors have recently bought and sold shares of CHWY. Parkside Financial Bank & Trust raised its position in shares of Chewy by 34.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock worth $49,000 after acquiring an additional 298 shares in the last quarter. Park Avenue Securities LLC grew its stake in Chewy by 4.0% during the third quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock worth $316,000 after purchasing an additional 302 shares during the period. Transatlantique Private Wealth LLC increased its holdings in Chewy by 3.0% in the third quarter. Transatlantique Private Wealth LLC now owns 10,922 shares of the company’s stock worth $442,000 after purchasing an additional 314 shares in the last quarter. National Bank of Canada FI lifted its stake in Chewy by 12.5% in the third quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock valued at $118,000 after buying an additional 324 shares during the period. Finally, Angeles Wealth Management LLC boosted its holdings in shares of Chewy by 6.6% during the 3rd quarter. Angeles Wealth Management LLC now owns 5,305 shares of the company’s stock worth $215,000 after buying an additional 330 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on CHWY. Piper Sandler reaffirmed an “overweight” rating and issued a $48.00 price objective on shares of Chewy in a research note on Tuesday, December 2nd. Citigroup restated a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. Mizuho reaffirmed an “outperform” rating and set a $50.00 price target on shares of Chewy in a report on Tuesday, November 4th. Wolfe Research set a $44.00 price objective on shares of Chewy in a research report on Monday, January 5th. Finally, Needham & Company LLC restated a “hold” rating on shares of Chewy in a research report on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $47.21.

Chewy Stock Up 3.0%

CHWY traded up $0.98 during midday trading on Monday, hitting $33.75. 13,870,226 shares of the company were exchanged, compared to its average volume of 6,208,097. The firm’s 50 day moving average price is $33.27 and its 200-day moving average price is $36.25. Chewy has a 1-year low of $29.83 and a 1-year high of $48.62. The firm has a market capitalization 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 earnings results on Wednesday, December 10th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.17). Chewy had a net margin of 1.64% and a return on equity of 56.78%. The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the company earned $0.20 earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, sell-side analysts predict that Chewy will post 0.24 earnings per share for the current fiscal year.

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.