Chewy $CHWY Shares Acquired by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC increased its stake in shares of Chewy (NYSE:CHWY) by 2.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 23,470 shares of the company’s stock after purchasing an additional 450 shares during the period. Harbour Capital Advisors LLC’s holdings in Chewy were worth $962,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CHWY. Rafferty Asset Management LLC boosted its position in shares of Chewy by 23.2% during the 4th quarter. Rafferty Asset Management LLC now owns 16,519 shares of the company’s stock worth $553,000 after purchasing an additional 3,109 shares during the period. Vident Advisory LLC purchased a new position in shares of Chewy during the 4th quarter worth approximately $336,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Chewy by 22.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,837 shares of the company’s stock worth $9,774,000 after purchasing an additional 54,381 shares during the period. Mackenzie Financial Corp purchased a new position in shares of Chewy during the 4th quarter worth approximately $318,000. Finally, Polar Asset Management Partners Inc. boosted its position in shares of Chewy by 26.5% during the 4th quarter. Polar Asset Management Partners Inc. now owns 288,733 shares of the company’s stock worth $9,670,000 after purchasing an additional 60,533 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Insider Buying and Selling at Chewy

In other Chewy news, major shareholder Argos Holdings Gp Llc sold 29,940,120 shares of Chewy stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $41.75, for a total value of $1,250,000,010.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Sumit Singh sold 29,557 shares of Chewy stock in a transaction on Monday, August 4th. The shares were sold at an average price of $35.57, for a total transaction of $1,051,342.49. Following the completion of the transaction, the chief executive officer owned 540,406 shares in the company, valued at approximately $19,222,241.42. This represents a 5.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,008,777 shares of company stock valued at $1,252,444,321. Company insiders own 0.43% of the company’s stock.

Chewy Stock Performance

NYSE CHWY opened at $38.50 on Friday. The firm has a market cap of $15.99 billion, a PE ratio of 110.00, a P/E/G ratio of 9.54 and a beta of 1.65. Chewy has a one year low of $26.28 and a one year high of $48.62. The firm’s fifty day moving average is $38.34 and its two-hundred day moving average is $38.37.

Chewy (NYSE:CHWY) last posted its quarterly earnings data on Wednesday, September 10th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.19). The business had revenue of $3.10 billion during 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 company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 earnings per share. Chewy has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.280-0.330 EPS. Research analysts predict that Chewy will post 0.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CHWY. Royal Bank Of Canada lowered their price objective on shares of Chewy from $44.00 to $43.00 and set an “outperform” rating for the company in a research report on Thursday, September 11th. Seaport Res Ptn raised shares of Chewy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. Barclays decreased their price target on shares of Chewy from $50.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, September 11th. Evercore ISI set a $52.00 price target on shares of Chewy and gave the company an “outperform” rating in a research report on Thursday, June 12th. Finally, UBS Group decreased their price target on shares of Chewy from $46.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $45.72.

Chewy Company 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.