Insider Selling: Chewy (NYSE:CHWY) General Counsel Sells 4,203 Shares

Chewy (NYSE:CHWY) General Counsel Da-Wai Hu sold 4,203 shares of Chewy stock in a transaction on Monday, June 29th. The stock was sold at an average price of $19.49, for a total value of $81,916.47. Following the sale, the general counsel owned 4,103 shares in the company, valued at $79,967.47. The trade was a 50.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Da-Wai Hu also recently made the following trade(s):

• On Wednesday, April 1st, Da-Wai Hu sold 8,149 shares of Chewy stock. The shares were sold at an average price of $26.91, for a total transaction of $219,289.59.

Chewy Stock Performance

CHWY stock traded up $0.20 during mid-day trading on Tuesday, hitting $19.62. The company had a trading volume of 9,022,104 shares, compared to its average volume of 8,843,121. The firm has a market cap of $8.03 billion, a PE ratio of 32.70, a price-to-earnings-growth ratio of 0.93 and a beta of 1.44. Chewy has a 12 month low of $17.40 and a 12 month high of $43.50. The stock’s fifty day moving average price is $21.76 and its two-hundred day moving average price is $26.21.

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CHWY. Raymond James Financial restated a “buy” rating on shares of Chewy in a research note on Wednesday, June 10th. Citigroup restated a “market outperform” rating on shares of Chewy in a research note on Thursday, June 11th. Argus raised shares of Chewy to a “strong-buy” rating in a report on Tuesday, April 7th. Barclays cut their target price on shares of Chewy from $40.00 to $36.00 and set an “overweight” rating for the company in a research report on Thursday, June 11th. Finally, Wedbush reduced their target price on shares of Chewy from $42.00 to $36.00 and set an “outperform” rating for the company in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $32.05.

Hedge Funds Weigh In On Chewy

Several hedge funds have recently made changes to their positions in the stock. National Bank of Canada FI grew its holdings in Chewy by 12.5% during the 3rd 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 in the last quarter. Angeles Wealth Management LLC lifted its holdings in shares of Chewy by 6.6% in the third 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. 180 Wealth Advisors LLC lifted its stake in Chewy by 4.4% in the 4th quarter. 180 Wealth Advisors LLC now owns 9,222 shares of the company’s stock worth $305,000 after purchasing an additional 390 shares in the last quarter. Dynasty Wealth Management LLC boosted its holdings in Chewy by 6.6% in the 4th quarter. Dynasty Wealth Management LLC now owns 6,321 shares of the company’s stock valued at $209,000 after purchasing an additional 394 shares during the period. Finally, Harbour Investments Inc. grew its position in shares of Chewy by 81.4% during the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock valued at $30,000 after purchasing an additional 407 shares in the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

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.