Chewy (NYSE:CHWY) CTO Satish Mehta Sells 6,056 Shares

Chewy (NYSE:CHWY) CTO Satish Mehta sold 6,056 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total value of $204,268.88. Following the sale, the chief technology officer owned 238,574 shares of the company’s stock, valued at $8,047,101.02. The trade was a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Satish Mehta also recently made the following trade(s):

• On Wednesday, December 3rd, Satish Mehta sold 8,872 shares of Chewy stock. The shares were sold at an average price of $33.53, for a total value of $297,478.16.
• On Tuesday, November 4th, Satish Mehta sold 4,642 shares of Chewy stock. The shares were sold at an average price of $32.65, for a total value of $151,561.30.
• On Monday, November 3rd, Satish Mehta sold 3,288 shares of Chewy stock. The stock was sold at an average price of $32.72, for a total value of $107,583.36.

Chewy Stock Down 0.2%

Shares of CHWY traded down $0.08 during midday trading on Friday, reaching $33.21. 301,417 shares of the stock were exchanged, compared to its average volume of 6,630,588. The company has a market cap of $13.78 billion, a price-to-earnings ratio of 95.11, a P/E/G ratio of 8.29 and a beta of 1.58. The firm has a 50 day simple moving average of $35.58 and a 200-day simple moving average of $38.68. Chewy has a 12-month low of $29.83 and a 12-month high of $48.62.

Chewy (NYSE:CHWY) last released its quarterly earnings data on Wednesday, September 10th. The company reported $0.33 EPS for the quarter, hitting analysts’ consensus estimates of $0.33. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.08 billion. Chewy had a return on equity of 50.45% and a net margin of 1.22%.The firm’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 earnings per share. Chewy has set its Q3 2025 guidance at 0.280-0.330 EPS. Research analysts expect that Chewy will post 0.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Chewy

A number of institutional investors and hedge funds have recently bought and sold shares of CHWY. Quent Capital LLC bought a new stake in Chewy in the 3rd quarter valued at $27,000. Osterweis Capital Management Inc. acquired a new position in shares of Chewy during the second quarter valued at about $30,000. Princeton Global Asset Management LLC bought a new stake in shares of Chewy in the third quarter valued at about $40,000. Strategic Advocates LLC bought a new stake in shares of Chewy in the third quarter valued at about $43,000. Finally, EverSource Wealth Advisors LLC grew its position in Chewy by 412.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock worth $46,000 after buying an additional 878 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CHWY. Moffett Nathanson raised shares of Chewy from a “neutral” rating to a “buy” rating and set a $48.00 price objective for the company in a research note on Thursday, September 25th. Seaport Res Ptn raised Chewy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 10th. Wedbush restated an “outperform” rating and issued a $45.00 price objective on shares of Chewy in a research note on Thursday, September 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chewy in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada dropped their target price on shares of Chewy from $44.00 to $43.00 and set an “outperform” rating on the stock in a report on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.17.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.