38,663 Shares in Chewy $CHWY Bought by Delta Global Management LP

Delta Global Management LP bought a new position in shares of Chewy (NYSE:CHWY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 38,663 shares of the company’s stock, valued at approximately $1,278,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Chewy by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock worth $658,367,000 after buying an additional 1,017,214 shares in the last quarter. WINTON GROUP Ltd boosted its stake in Chewy by 110.6% during the third quarter. WINTON GROUP Ltd now owns 239,800 shares of the company’s stock worth $9,700,000 after buying an additional 125,943 shares in the last quarter. Champlain Investment Partners LLC acquired a new stake in Chewy during the third quarter worth $89,022,000. Intech Investment Management LLC boosted its stake in Chewy by 218.6% during the third quarter. Intech Investment Management LLC now owns 173,300 shares of the company’s stock worth $7,010,000 after buying an additional 118,903 shares in the last quarter. Finally, ING Groep NV acquired a new stake in Chewy during the fourth quarter worth $5,883,000. Institutional investors own 93.09% of the company’s stock.

Insider Buying and Selling at Chewy

In other news, General Counsel Da-Wai Hu sold 8,149 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total value of $219,289.59. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sumit Singh sold 4,220 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $25.60, for a total transaction of $108,032.00. Following the completion of the sale, the chief executive officer owned 123,955 shares in the company, valued at $3,173,248. This represents a 3.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 sold a total of 95,675 shares of company stock worth $2,459,955 in the last 90 days. 0.34% of the stock is owned by corporate insiders.

Chewy Stock Performance

Shares of NYSE:CHWY opened at $18.88 on Wednesday. Chewy has a 52 week low of $18.22 and a 52 week high of $43.84. The company’s fifty day moving average is $23.18 and its 200-day moving average is $27.21. The company has a market capitalization of $7.87 billion, a PE ratio of 31.46, a P/E/G ratio of 0.97 and a beta of 1.44.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, beating 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 the consensus estimate of $3.35 billion. During the same quarter in the previous year, the company earned $0.35 EPS. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. On average, analysts forecast that Chewy will post 0.8 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CHWY shares. Moffett Nathanson set a $28.00 price target on shares of Chewy in a research note on Thursday, June 11th. Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a research note on Thursday, June 11th. Argus upgraded shares of Chewy to a “strong-buy” rating in a research note on Tuesday, April 7th. 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. Finally, Robert W. Baird decreased their price target on shares of Chewy from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.