Da-Wai Hu Sells 4,203 Shares of Chewy (NYSE:CHWY) Stock

Chewy (NYSE:CHWY) General Counsel Da-Wai Hu sold 4,203 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $19.49, for a total transaction of $81,916.47. Following the sale, the general counsel owned 4,103 shares of the company’s stock, valued at approximately $79,967.47. This represents a 50.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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 stock was sold at an average price of $26.91, for a total value of $219,289.59.

Chewy Price Performance

Shares of NYSE:CHWY opened at $20.66 on Thursday. Chewy has a 1 year low of $17.40 and a 1 year high of $43.50. The company has a market cap of $8.46 billion, a PE ratio of 34.44, a P/E/G ratio of 0.99 and a beta of 1.45. The stock’s 50-day moving average is $21.43 and its 200 day moving average is $26.00.

Chewy (NYSE:CHWY) last released its quarterly earnings results on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.19. The business had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.35 billion. Chewy had a return on equity of 60.02% and a net margin of 1.99%.Chewy’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 EPS. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. Analysts expect that Chewy will post 0.81 EPS for the current fiscal year.

Institutional Trading of Chewy

Hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Management Group LLP boosted its stake in Chewy by 295.9% during the third quarter. Wellington Management Group LLP now owns 17,622,768 shares of the company’s stock worth $712,841,000 after acquiring an additional 13,171,325 shares in the last quarter. Viking Global Investors LP increased its stake in shares of Chewy by 146.9% during the fourth quarter. Viking Global Investors LP now owns 13,536,645 shares of the company’s stock valued at $447,386,000 after purchasing an additional 8,052,955 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Chewy by 120.2% during the third quarter. AQR Capital Management LLC now owns 10,196,146 shares of the company’s stock valued at $407,948,000 after purchasing an additional 5,564,803 shares in the last quarter. Norges Bank purchased a new position in shares of Chewy during the fourth quarter valued at approximately $154,647,000. Finally, State Street Corp lifted its holdings in shares of Chewy by 75.5% during the second quarter. State Street Corp now owns 6,170,197 shares of the company’s stock valued at $262,974,000 after purchasing an additional 2,654,496 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CHWY has been the topic of several recent analyst reports. Morgan Stanley cut their price target on shares of Chewy from $43.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, June 11th. Bank of America decreased their price objective on shares of Chewy from $33.00 to $31.00 in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Chewy from $45.00 to $32.00 and set a “buy” rating for the company in a research report on Thursday, June 11th. Argus upgraded shares of Chewy to a “strong-buy” rating in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada reduced their price target on shares of Chewy from $47.00 to $34.00 and set an “outperform” rating on the stock in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $32.05.

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.