Entropy Technologies LP Purchases New Position in Chewy $CHWY

Entropy Technologies LP purchased a new stake in Chewy (NYSE:CHWY) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 58,638 shares of the company’s stock, valued at approximately $1,938,000.

A number of other institutional investors and hedge funds have also bought and sold shares of CHWY. CoreCap Advisors LLC grew its stake in Chewy by 306.3% in the 4th quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock valued at $28,000 after buying an additional 637 shares during the last quarter. Harbour Investments Inc. grew its stake in Chewy by 81.4% in the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock valued at $30,000 after buying an additional 407 shares during the last quarter. Osterweis Capital Management Inc. acquired a new position in Chewy in the 2nd quarter valued at about $30,000. Los Angeles Capital Management LLC acquired a new position in Chewy in the 4th quarter valued at about $31,000. Finally, Modus Advisors LLC acquired a new position in Chewy in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Trading Up 0.2%

Shares of CHWY opened at $19.35 on Tuesday. Chewy has a 12 month low of $18.22 and a 12 month high of $43.84. The firm’s 50 day moving average is $23.33 and its 200-day moving average is $27.32. The stock has a market capitalization of $8.06 billion, a PE ratio of 32.26, a P/E/G ratio of 0.92 and a beta of 1.44.

Chewy (NYSE:CHWY) last announced its earnings results on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, topping 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 company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the firm earned $0.35 earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. Equities research analysts predict that Chewy will post 0.84 earnings per share for the current fiscal year.

Insider Activity at Chewy

In other Chewy news, General Counsel Da-Wai Hu sold 8,149 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total value of $219,289.59. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Sumit Singh sold 83,306 shares of the firm’s stock in a transaction dated 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 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. Insiders have sold 95,675 shares of company stock worth $2,459,955 over the last ninety days. Insiders own 0.34% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on CHWY shares. UBS Group decreased their price target on shares of Chewy from $32.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday. Royal Bank Of Canada decreased their price target on shares of Chewy from $47.00 to $34.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. Piper Sandler set a $30.00 price target on shares of Chewy in a research note on Wednesday, June 10th. The Goldman Sachs Group decreased their price target on shares of Chewy from $46.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Argus upgraded shares of Chewy to a “strong-buy” rating in a research note on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Chewy presently has a consensus rating of “Moderate Buy” and an average price target of $32.05.

Chewy 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.