2,350 Shares in Chewy $CHWY Bought by Mark Sheptoff Financial Planning LLC

Mark Sheptoff Financial Planning LLC acquired a new stake in Chewy (NYSE:CHWY) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,350 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new stake in shares of Chewy during the 1st quarter valued at approximately $44,000. Parallel Advisors LLC grew its position in Chewy by 73.2% during the 2nd quarter. Parallel Advisors LLC now owns 1,365 shares of the company’s stock worth $58,000 after acquiring an additional 577 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Chewy by 1,816.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,495 shares of the company’s stock worth $64,000 after acquiring an additional 1,417 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Chewy in the second quarter valued at about $80,000. Finally, CWM LLC boosted its stake in shares of Chewy by 36.6% during the first quarter. CWM LLC now owns 2,988 shares of the company’s stock valued at $97,000 after purchasing an additional 801 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Stock Up 2.7%

Chewy stock opened at $33.70 on Friday. The company has a market capitalization of $13.98 billion, a PE ratio of 96.29, a PEG ratio of 8.17 and a beta of 1.67. Chewy has a 12-month low of $29.83 and a 12-month high of $48.62. The firm’s fifty day moving average is $37.46 and its 200 day moving average is $39.26.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, September 10th. The company reported $0.33 earnings per share for the quarter, meeting the consensus estimate of $0.33. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.08 billion. Chewy had a net margin of 1.22% and a return on equity of 50.45%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 earnings per share. Chewy has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.280-0.330 EPS. Sell-side analysts expect that Chewy will post 0.24 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on CHWY. Wall Street Zen downgraded shares of Chewy from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Citigroup decreased their price objective on Chewy from $49.00 to $48.00 and set a “buy” rating for the company in a report on Thursday, September 11th. Mizuho reaffirmed an “outperform” rating and set a $50.00 target price on shares of Chewy in a report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a research note on Wednesday, October 8th. Finally, Morgan Stanley lowered their price objective on Chewy from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Thursday, September 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.84.

Insiders Place Their Bets

In other news, CTO Satish Mehta sold 4,642 shares of Chewy stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $32.65, for a total transaction of $151,561.30. Following the completion of the transaction, the chief technology officer directly owned 229,702 shares in the company, valued at $7,499,770.30. This trade represents a 1.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO William G. Billings sold 1,121 shares of Chewy stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $32.72, for a total value of $36,679.12. Following the transaction, the chief accounting officer owned 31,045 shares of the company’s stock, valued at $1,015,792.40. This trade represents a 3.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 27,629 shares of company stock worth $903,696. Insiders own 0.43% of the company’s stock.

Chewy Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.