Y Intercept Hong Kong Ltd Decreases Stock Holdings in Chewy $CHWY

Y Intercept Hong Kong Ltd reduced its stake in shares of Chewy (NYSE:CHWY) by 30.4% during the 3rd quarter, according to the company in its most recent 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 SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. CWM LLC increased its position in shares of Chewy by 8,785.0% during the 3rd quarter. CWM LLC now owns 284,499 shares of the company’s stock worth $11,508,000 after purchasing an additional 281,297 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in Chewy by 28.0% during the second quarter. Mutual of America Capital Management LLC now owns 109,139 shares of the company’s stock worth $4,652,000 after buying an additional 23,883 shares during the period. Nordea Investment Management AB acquired a new stake in shares of Chewy during the third quarter valued at about $6,967,000. Allspring Global Investments Holdings LLC raised its stake in shares of Chewy by 35.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,557,457 shares of the company’s stock valued at $101,122,000 after acquiring an additional 665,113 shares during the period. Finally, Fluent Financial LLC purchased a new stake in Chewy in the third quarter valued at approximately $1,733,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Activity at Chewy

In other news, CTO Satish Mehta sold 8,872 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $33.53, for a total value of $297,478.16. Following the completion of the sale, the chief technology officer directly owned 229,702 shares of the company’s stock, valued at approximately $7,701,908.06. This represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sumit Singh sold 40,789 shares of Chewy stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the completion of the transaction, the chief executive officer directly owned 623,185 shares in the company, valued at $21,020,030.05. The trade was a 6.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 83,985 shares of company stock valued at $2,802,809 in the last three months. 0.43% of the stock is currently owned by company insiders.

Chewy Stock Down 2.5%

Shares of CHWY opened at $31.68 on Monday. The company has a market capitalization of $13.15 billion, a price-to-earnings ratio of 65.99, a price-to-earnings-growth ratio of 3.19 and a beta of 1.56. Chewy has a 52-week low of $29.83 and a 52-week high of $48.62. The stock has a 50 day moving average price of $33.19 and a 200 day moving average price of $35.98.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on CHWY shares. Piper Sandler reissued an “overweight” rating and set a $48.00 target price on shares of Chewy in a research note on Tuesday, December 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a research note on Wednesday. Barclays increased their target price on shares of Chewy from $47.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Mizuho reaffirmed an “outperform” rating and set a $50.00 price objective on shares of Chewy in a research report on Tuesday, November 4th. Finally, TD Cowen reiterated a “buy” rating on shares of Chewy in a report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.21.

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.