Chewy $CHWY Shares Bought by M&T Bank Corp

M&T Bank Corp grew its position in shares of Chewy (NYSE:CHWY) by 2,668.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 262,022 shares of the company’s stock after purchasing an additional 252,556 shares during the quarter. M&T Bank Corp’s holdings in Chewy were worth $8,660,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC boosted its holdings in shares of Chewy by 4.0% during the third quarter. Park Avenue Securities LLC now owns 7,810 shares of the company’s stock valued at $316,000 after acquiring an additional 302 shares during the period. Transatlantique Private Wealth LLC boosted its holdings in shares of Chewy by 3.0% during the third quarter. Transatlantique Private Wealth LLC now owns 10,922 shares of the company’s stock valued at $442,000 after acquiring an additional 314 shares during the period. National Bank of Canada FI boosted its holdings in shares of Chewy by 12.5% during the third quarter. National Bank of Canada FI now owns 2,910 shares of the company’s stock valued at $118,000 after acquiring an additional 324 shares during the period. Angeles Wealth Management LLC boosted its holdings in shares of Chewy by 6.6% during the third quarter. Angeles Wealth Management LLC now owns 5,305 shares of the company’s stock valued at $215,000 after acquiring an additional 330 shares during the period. Finally, Sivia Capital Partners LLC boosted its holdings in shares of Chewy by 3.2% during the third quarter. Sivia Capital Partners LLC now owns 11,072 shares of the company’s stock valued at $448,000 after acquiring an additional 343 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Insider Transactions at Chewy

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction dated 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 sale, the chief technology officer directly owned 273,835 shares of the company’s stock, valued at approximately $7,938,476.65. This represents a 4.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Da-Wai Hu sold 8,149 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total transaction of $219,289.59. The disclosure for this sale is available in the SEC filing. 0.43% of the stock is currently owned by corporate insiders.

Chewy Stock Up 1.5%

CHWY stock opened at $26.03 on Friday. The company has a market capitalization of $10.85 billion, a P/E ratio of 50.06, a PEG ratio of 1.11 and a beta of 1.61. The company has a 50-day simple moving average of $25.91 and a 200 day simple moving average of $30.59. Chewy has a fifty-two week low of $22.74 and a fifty-two week high of $48.62.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.19). Chewy had a net margin of 1.77% and a return on equity of 53.48%. The business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.26 billion. During the same period in the previous year, the company posted $0.28 earnings per share. Chewy’s revenue was up .5% compared to the same quarter last year. Equities analysts anticipate that Chewy will post 0.89 EPS for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on CHWY. Argus raised shares of Chewy to a “strong-buy” rating in a report on Tuesday, April 7th. Wedbush reduced their price objective on shares of Chewy from $42.00 to $36.00 and set an “outperform” rating for the company in a report on Thursday, March 26th. Zacks Research raised shares of Chewy from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Royal Bank Of Canada upped their price objective on shares of Chewy from $43.00 to $47.00 and gave the stock an “outperform” rating in a report on Monday, March 30th. Finally, BNP Paribas Exane reaffirmed a “neutral” rating and issued a $28.00 price objective (down from $38.00) on shares of Chewy in a report on Thursday, March 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $42.91.

Key Chewy News

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Analyst take that Chewy shows durable demand, consistent earnings growth, and high customer stickiness (autoship now ~84% of revenue), framing the post-decline share price as a buy opportunity. Chewy: Durable Demand And Consistent Earnings Growth
• Positive Sentiment: Column argues the sell-off creates a value/growth entry: stronger profitability trends and a lower valuation on a longer-term growth outlook. 3 Reasons the Sell-Off in Chewy Is a Gift for Long-Term Investors
• Positive Sentiment: Zacks highlights Chewy as a top long-term growth pick based on style scores, reinforcing investor interest from growth and momentum investors. Why Chewy (CHWY) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Zacks also profiles Chewy as a strong momentum stock, supporting the thesis that improved sentiment could attract momentum flows if fundamentals remain steady. Here’s Why Chewy (CHWY) is a Strong Momentum Stock
• Neutral Sentiment: Chewy announced a deal to buy Modern Animal (vet clinics + virtual care), a strategic move toward an integrated pet healthcare ecosystem that could lift long-term revenue per customer but will require execution and likely near-term integration costs. Chewy (CHWY) to Acquire Veterinary Platform Modern Animal to Expand Pet Healthcare Ecosystem
• Neutral Sentiment: Industry roundup compares Chewy’s Q4 performance to peers — useful context for relative performance but not a direct catalyst. Winners And Losers Of Q4: Chewy (NYSE:CHWY) Vs The Rest Of The Online Retail Stocks
• Neutral Sentiment: Feature on a new affordable Chewy-branded cat bed — minor consumer-facing news that supports brand engagement but is unlikely to move the stock materially. Discover Chewy’s affordable cow-themed cat bed and scratcher for small spaces at $43
• Negative Sentiment: Coverage explaining recent share weakness and a ~5% dip tied to the post-earnings reaction and cautious near-term outlook; these stories can reinforce short-term selling pressure. Why Is Chewy (CHWY) Down 5% Since Last Earnings Report?
• Negative Sentiment: Market write-ups detail a sharper-than-market intraday decline, signaling that sentiment and momentum, not just fundamentals, have pressured the stock recently. Why Chewy (CHWY) Dipped More Than Broader Market Today

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.