Chewy (NYSE:CHWY) Trading Down 4.1% – Time to Sell?

Shares of Chewy (NYSE:CHWY) fell 4.1% during mid-day trading on Wednesday . The company traded as low as $25.37 and last traded at $25.75. 3,416,778 shares were traded during mid-day trading, a decline of 57% from the average session volume of 7,935,234 shares. The stock had previously closed at $26.84.

Analysts Set New Price Targets

A number of research firms have weighed in on CHWY. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a report on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a research report on Wednesday, January 21st. UBS Group set a $51.00 price target on Chewy in a research report on Tuesday, January 13th. Wolfe Research set a $44.00 price objective on Chewy in a research note on Monday, January 5th. Finally, TD Cowen restated a “buy” rating on shares of Chewy in a research note on Thursday, December 4th. Seventeen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.05.

Chewy Stock Performance

The stock has a market cap of $10.55 billion, a P/E ratio of 52.96, a P/E/G ratio of 1.72 and a beta of 1.60. The company has a 50-day simple moving average of $29.36 and a 200-day simple moving average of $33.93.

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

Insider Buying and Selling at Chewy

In related news, CTO Satish Mehta sold 13,013 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total value of $377,246.87. Following the completion of the transaction, the chief technology officer owned 273,835 shares in the company, valued at $7,938,476.65. The trade was a 4.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.43% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Chewy

A number of institutional investors and hedge funds have recently made changes to their positions in CHWY. Quent Capital LLC bought a new position in Chewy in the third quarter valued at about $27,000. CoreCap Advisors LLC boosted its stake in shares of Chewy by 306.3% in the 4th quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock valued at $28,000 after purchasing an additional 637 shares during the last quarter. Harbour Investments Inc. grew its position in shares of Chewy by 81.4% during the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after buying an additional 407 shares during the period. Osterweis Capital Management Inc. bought a new stake in shares of Chewy during the second quarter worth approximately $30,000. Finally, Los Angeles Capital Management LLC acquired a new position in Chewy in the fourth quarter valued at approximately $31,000. Institutional investors own 93.09% of the company’s stock.

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.