Chewy (NYSE:CHWY) Stock: Insider William Billings Sells 4,815 Shares

Chewy (NYSE:CHWY) CAO William Billings sold 4,815 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $23.00, for a total transaction of $110,745.00. Following the transaction, the chief accounting officer directly owned 36,595 shares in the company, valued at approximately $841,685. The trade was a 11.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chewy Price Performance

Chewy stock opened at $22.58 on Friday. The stock has a market capitalization of $9.07 billion, a P/E ratio of 34.26, a P/E/G ratio of 0.93 and a beta of 1.33. The firm’s 50-day moving average is $20.82 and its two-hundred day moving average is $23.09. Chewy has a 12-month low of $17.40 and a 12-month high of $37.34. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.42.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, September 9th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.18. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Chewy had a return on equity of 60.88% and a net margin of 2.09%. Chewy’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. Equities analysts predict that Chewy will post 0.76 earnings per share for the current year.

Chewy News Summary

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Chewy launched its Spirited Paw pet-supplement line, expanding its pet-health assortment and potentially supporting growth in the category; no sales impact was reported. Article: Chewy Stock Gets a Pet Supplements Boost With Spirited Paw Launch
• Positive Sentiment: Chewy’s holiday-themed promotions may help attract seasonal shoppers, although the coverage provided no evidence of an effect on revenue. Article: Move Over, Santa—Chewy Claus Is Here to Spoil Your Pets This Holiday Season
• Neutral Sentiment: A comparison with GameStop cited Chewy’s pet-health services and subscription-based revenue model as strengths, but did not provide new company results or guidance. Article: Chewy vs. GameStop: Which Consumer Stock Is a Better Buy for 2027?
• Negative Sentiment: CEO Sumit Singh sold 23,002 shares at an average $21.40, and Chief Accounting Officer William Billings sold 4,815 shares at $23. Both transactions were made under pre-arranged Rule 10b5-1 plans, which may temper—but not eliminate—investor concern about insider selling. Article: Chewy CAO William Billings Sells 4,815 Shares
• Negative Sentiment: A report said CHWY fell below its 200-day moving average, a technical signal that can reinforce bearish sentiment. Article: Chewy Stock Breaks Below Two Hundred Day Moving Average After Insider Selling

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Citizens Jmp restated a “market outperform” rating and issued a $28.00 price objective on shares of Chewy in a report on Thursday, September 10th. Mizuho decreased their price objective on shares of Chewy from $32.00 to $28.00 and set an “outperform” rating for the company in a research report on Tuesday, September 29th. Piper Sandler reissued an “overweight” rating on shares of Chewy in a research report on Friday, August 21st. Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a research report on Thursday, September 10th. Finally, Royal Bank Of Canada dropped their price target on shares of Chewy from $34.00 to $31.00 and set an “outperform” rating for the company in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Chewy presently has an average rating of “Moderate Buy” and an average price target of $30.45.

Hedge Funds Weigh In On Chewy

Large investors have recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new position in shares of Chewy in the third quarter valued at $30,000. Eurizon Capital SGR S.p.A. boosted its stake in shares of Chewy by 596.3% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,894 shares of the company’s stock valued at $35,000 after purchasing an additional 1,622 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Chewy by 106.8% in the first quarter. Parallel Advisors LLC now owns 1,584 shares of the company’s stock valued at $43,000 after acquiring an additional 818 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in shares of Chewy by 118.1% during the 3rd quarter. SBI Securities Co. Ltd. now owns 5,628 shares of the company’s stock worth $102,000 after acquiring an additional 3,047 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Chewy by 157.1% in the 3rd quarter. GAMMA Investing LLC now owns 5,721 shares of the company’s stock valued at $104,000 after acquiring an additional 3,496 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

About Chewy

Chewy, Inc is an e-commerce company focused on pet products and services. Through its website and mobile platforms, the company sells pet food, treats, toys, supplies, and accessories for dogs, cats, fish, birds, reptiles, and other household pets.

Chewy also offers pet medications and veterinary-related products through its online pharmacy, as well as services such as Autoship subscriptions, which allow customers to schedule recurring deliveries. Its assortment includes national brands and private-label products, and the company emphasizes customer service, convenience, and personalized recommendations.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated as an online pet-food retailer before expanding into a broader pet-commerce platform.