SG Americas Securities LLC Acquires 231,910 Shares of Chewy $CHWY

SG Americas Securities LLC boosted its holdings in Chewy (NYSE:CHWY) by 965.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,936 shares of the company’s stock after buying an additional 231,910 shares during the period. SG Americas Securities LLC’s holdings in Chewy were worth $8,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quent Capital LLC purchased a new stake in shares of Chewy during the third quarter worth $27,000. Osterweis Capital Management Inc. bought a new position in shares of Chewy in the second quarter worth $30,000. Princeton Global Asset Management LLC purchased a new position in shares of Chewy in the third quarter valued at $40,000. Strategic Advocates LLC purchased a new position in shares of Chewy in the third quarter valued at $43,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Chewy by 412.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock valued at $46,000 after purchasing an additional 878 shares during the period. Institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CHWY. Piper Sandler reissued an “overweight” rating on shares of Chewy in a report on Thursday, February 5th. Barclays reduced their target price on Chewy from $52.00 to $48.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. BNP Paribas Exane reiterated a “neutral” rating and set a $28.00 price target (down from $38.00) on shares of Chewy in a research report on Thursday, March 26th. Wolfe Research set a $44.00 price target on shares of Chewy in a report on Monday, January 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a research report on Wednesday, January 21st. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Chewy has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

Chewy Trading Down 0.7%

Shares of CHWY opened at $25.95 on Tuesday. The company has a market cap of $10.77 billion, a PE ratio of 49.90, a price-to-earnings-growth ratio of 1.77 and a beta of 1.60. The stock has a 50-day moving average price of $26.77 and a 200-day moving average price of $32.03. Chewy has a 12-month low of $22.74 and a 12-month high of $48.62.

Chewy (NYSE:CHWY) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.19). The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.26 billion. Chewy had a return on equity of 53.48% and a net margin of 1.77%.The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.28 earnings per share. As a group, analysts predict that Chewy will post 0.24 earnings per share for the current year.

Insiders Place Their Bets

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $28.99, for a total transaction of $377,246.87. Following the sale, the chief technology officer owned 273,835 shares in the company, valued at $7,938,476.65. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.43% of the stock is owned by insiders.

Key Headlines Impacting Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Autoship now represents ~84% of revenues (>$2.7B in Q4), highlighting growing recurring revenue and AI-driven personalization that can stabilize lifetime value and margins. CHWY’s Autoship Hits 84%: Is Recurring Revenue a Key Catalyst? Zacks: CHWY’s Autoship Hits 84%
• Positive Sentiment: Management issued robust fiscal 2026 guidance and the company posted strong quarterly metrics, prompting bullish coverage and articles arguing the stock remains attractive after the pullback. Chewy Shares Climb on Upbeat Outlook, but It’s Not Too Late to Buy the Stock
• Positive Sentiment: Royal Bank of Canada raised its price target to $47 and keeps an “Outperform” rating, implying substantial upside from current levels and signaling some buy-side confidence. Benzinga: RBC Raises Price Target
• Positive Sentiment: Jim Cramer publicly backed Chewy’s quarter on Mad Money, noting the company’s story and execution remain on track — a sentiment that can support retail interest. Jim Cramer Believes: “Chewy (CHWY)’s Story Remains Firmly On Track”
• Positive Sentiment: Several bullish write-ups highlight Chewy as potentially undervalued after a significant drawdown from its highs, citing the company’s expanding recurring revenue and improving unit economics. Down Around 47% From Its High, Should You Buy Chewy Stock Right Now?
• Neutral Sentiment: Chewy is listed among active mid-cap picks in a market roundup — increases visibility but is not news specific to fundamentals. 5 Most Active Mid-Cap Stocks to Invest In
• Negative Sentiment: Citigroup trimmed its price target to $40, a move that tempers some of the bullish analyst momentum and contributes to mixed street sentiment. Citigroup Cuts Chewy Price Target to $40

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.