Chewy $CHWY Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC increased its stake in shares of Chewy (NYSE:CHWY) by 218.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 173,300 shares of the company’s stock after purchasing an additional 118,903 shares during the period. Intech Investment Management LLC’s holdings in Chewy were worth $7,010,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Winslow Asset Management Inc. purchased a new position in shares of Chewy during the 3rd quarter worth $6,171,000. Nordea Investment Management AB purchased a new stake in shares of Chewy in the third quarter valued at about $6,967,000. Federated Hermes Inc. increased its position in Chewy by 2,715.2% during the third quarter. Federated Hermes Inc. now owns 664,079 shares of the company’s stock worth $26,862,000 after purchasing an additional 640,490 shares during the last quarter. CWM LLC raised its stake in Chewy by 8,785.0% during the third 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 period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in 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 purchasing an additional 665,113 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Chewy Stock Performance

NYSE CHWY opened at $27.43 on Friday. The firm has a market cap of $11.38 billion, a price-to-earnings ratio of 57.15, a PEG ratio of 1.82 and a beta of 1.59. The firm has a 50 day simple moving average of $29.82 and a 200-day simple moving average of $34.28. Chewy has a one year low of $23.06 and a one year high of $48.62.

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

Insiders Place Their Bets

In related news, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was 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 of the company’s stock, valued at $21,020,030.05. The trade was a 6.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $28.99, for a total value of $377,246.87. Following the sale, the chief technology officer owned 273,835 shares in the company, valued at approximately $7,938,476.65. This trade represents a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 69,369 shares of company stock valued at $2,276,360. 0.43% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on CHWY shares. Wedbush set a $42.00 price target on shares of Chewy and gave the company an “outperform” rating in a research report on Wednesday, December 10th. Needham & Company LLC reissued a “hold” rating on shares of Chewy in a research note on Thursday, December 11th. Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. Wall Street Zen raised Chewy from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Finally, Mizuho restated an “outperform” rating and issued a $50.00 price objective on shares of Chewy in a report on Tuesday, November 4th. Seventeen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.25.

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.