Mario Jesus Marte Sells 25,000 Shares of Chewy Inc (NYSE:CHWY) Stock
Chewy Inc (NYSE:CHWY) CFO Mario Jesus Marte sold 25,000 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $30.81, for a total value of $770,250.00. Following the sale, the chief financial officer now owns 17,489 shares in the company, valued at $538,836.09. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Mario Jesus Marte also recently made the following trade(s):
- On Wednesday, December 18th, Mario Jesus Marte sold 28,831 shares of Chewy stock. The shares were sold at an average price of $28.04, for a total value of $808,421.24.
NYSE:CHWY opened at $30.50 on Thursday. Chewy Inc has a 12-month low of $21.68 and a 12-month high of $41.34. The business has a 50 day simple moving average of $27.71 and a 200 day simple moving average of $28.78.
CHWY has been the topic of several analyst reports. ValuEngine upgraded Chewy from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Wells Fargo & Co restated a “buy” rating on shares of Chewy in a report on Monday, December 9th. Raymond James reiterated a “hold” rating on shares of Chewy in a report on Wednesday, September 18th. Zacks Investment Research downgraded Chewy from a “hold” rating to a “sell” rating in a report on Tuesday, December 10th. Finally, Credit Suisse Group started coverage on Chewy in a report on Monday, November 11th. They issued an “outperform” rating and a $29.00 price target for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $35.92.
A number of hedge funds have recently made changes to their positions in CHWY. Wells Fargo & Company MN acquired a new position in Chewy during the 2nd quarter worth $1,801,000. LPL Financial LLC acquired a new stake in shares of Chewy in the second quarter valued at $324,000. HighTower Advisors LLC acquired a new stake in shares of Chewy in the second quarter valued at $209,000. US Bancorp DE acquired a new stake in shares of Chewy in the second quarter valued at $89,000. Finally, BlackRock Inc. acquired a new stake in shares of Chewy in the second quarter valued at $11,607,000.
Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food, pet products, pet medications, and other pet health products for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications.
Featured Story: Purposes and Functions of the Federal Reserve
Receive News & Ratings for Chewy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chewy and related companies with MarketBeat.com's FREE daily email newsletter.