Chewy $CHWY Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lessened its holdings in shares of Chewy (NYSE:CHWY) by 30.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,773 shares of the company’s stock after selling 46,270 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Chewy were worth $4,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CHWY. Parkside Financial Bank & Trust grew its position in Chewy by 34.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock worth $49,000 after purchasing an additional 298 shares during the period. Park Avenue Securities LLC boosted its stake in shares of Chewy by 4.0% in the third quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock worth $316,000 after buying an additional 302 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Chewy by 3.2% during the third quarter. Sivia Capital Partners LLC now owns 11,072 shares of the company’s stock worth $448,000 after acquiring an additional 343 shares during the period. Los Angeles Capital Management LLC raised its position in Chewy by 1.4% during the second quarter. Los Angeles Capital Management LLC now owns 28,418 shares of the company’s stock valued at $1,211,000 after acquiring an additional 384 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Chewy by 13.7% during the second quarter. GAMMA Investing LLC now owns 3,369 shares of the company’s stock valued at $144,000 after acquiring an additional 405 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Chewy

In other Chewy news, CAO William G. Billings sold 1,121 shares of the firm’s 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 transaction, the chief accounting officer owned 31,045 shares in the company, valued at approximately $1,015,792.40. This trade represents a 3.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Sumit Singh sold 40,789 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the sale, the chief executive officer directly owned 623,185 shares of the company’s stock, valued at $21,020,030.05. The trade was a 6.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 83,985 shares of company stock valued at $2,802,809 over the last ninety days. Insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CHWY. Piper Sandler reaffirmed an “overweight” rating and set a $48.00 price objective on shares of Chewy in a research note on Tuesday, December 2nd. Morgan Stanley raised their price target on shares of Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. TD Cowen reaffirmed a “buy” rating on shares of Chewy in a report on Thursday, December 4th. Wedbush set a $42.00 price objective on shares of Chewy and gave the stock an “outperform” rating in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group raised their target price on Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Chewy currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.21.

Chewy Stock Down 2.5%

CHWY stock opened at $31.68 on Monday. The stock has a market capitalization of $13.15 billion, a P/E ratio of 65.99, a P/E/G ratio of 3.19 and a beta of 1.56. The firm has a 50-day simple moving average of $33.19 and a 200-day simple moving average of $35.98. Chewy has a 52 week low of $29.83 and a 52 week high of $48.62.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Chewy had a net margin of 1.64% and a return on equity of 56.78%. The firm had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the company posted $0.20 EPS. Chewy’s quarterly revenue was up 8.1% compared to the same quarter last year. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, analysts expect that Chewy will post 0.24 earnings per share for the current 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.