Azzad Asset Management Inc. ADV Buys Shares of 32,152 Chewy $CHWY

Azzad Asset Management Inc. ADV purchased a new position in shares of Chewy (NYSE:CHWY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 32,152 shares of the company’s stock, valued at approximately $1,301,000.

Other large investors have also bought and sold shares of the company. Quent Capital LLC acquired a new position in shares of Chewy in the third quarter valued at approximately $27,000. Osterweis Capital Management Inc. acquired a new position in Chewy in the 2nd quarter worth $30,000. Princeton Global Asset Management LLC acquired a new position in Chewy in the 3rd quarter worth $40,000. EverSource Wealth Advisors LLC increased its holdings in Chewy by 412.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock worth $46,000 after purchasing an additional 878 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in shares of Chewy by 34.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock valued at $49,000 after purchasing an additional 298 shares during the period. 93.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CHWY. Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a research report on Monday, November 24th. The Goldman Sachs Group raised their price target on shares of Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Wolfe Research set a $44.00 target price on shares of Chewy in a report on Monday, January 5th. Barclays lifted their price target on shares of Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Wedbush set a $42.00 target price on Chewy and gave the company an “outperform” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $47.21.

Chewy Trading Up 5.8%

CHWY opened at $28.10 on Monday. Chewy has a 12 month low of $26.34 and a 12 month high of $48.62. The company has a market cap of $11.66 billion, a PE ratio of 58.54, a price-to-earnings-growth ratio of 1.89 and a beta of 1.59. The company has a 50 day moving average of $32.22 and a 200 day moving average of $35.34.

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

Insider Buying and Selling

In other news, CEO Sumit Singh sold 40,789 shares of the firm’s 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 sale, the chief executive officer owned 623,185 shares in the company, valued at approximately $21,020,030.05. This trade represents a 6.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $28.99, for a total transaction of $377,246.87. Following the completion of the transaction, the chief technology officer owned 273,835 shares of the company’s stock, valued at $7,938,476.65. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 69,369 shares of company stock worth $2,276,360 over the last ninety days. 0.43% of the stock is currently owned by insiders.

About Chewy

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.