Hillsdale Investment Management Inc. purchased a new position in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,396,723 shares of the company’s stock, valued at approximately $3,883,000.
Other large investors also recently modified their holdings of the company. Bleakley Financial Group LLC grew its holdings in shares of Petco Health and Wellness by 24.6% in the 1st quarter. Bleakley Financial Group LLC now owns 245,656 shares of the company’s stock valued at $683,000 after acquiring an additional 48,463 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Petco Health and Wellness by 63.9% in the first quarter. International Assets Investment Management LLC now owns 12,825 shares of the company’s stock valued at $35,000 after acquiring an additional 5,000 shares during the last quarter. R Squared Ltd bought a new stake in Petco Health and Wellness during the first quarter worth about $36,000. HB Wealth Management LLC bought a new stake in Petco Health and Wellness during the first quarter worth about $34,000. Finally, Rockefeller Capital Management L.P. boosted its position in Petco Health and Wellness by 14.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 23,500 shares of the company’s stock valued at $66,000 after purchasing an additional 2,988 shares during the last quarter.
Insider Buying and Selling
In other Petco Health and Wellness news, insider Holly May sold 200,000 shares of Petco Health and Wellness stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $2.54, for a total value of $508,000.00. Following the completion of the sale, the insider owned 1,327,867 shares in the company, valued at $3,372,782.18. The trade was a 13.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 450,000 shares of company stock worth $1,145,500 over the last 90 days. 6.50% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
View Our Latest Research Report on WOOF
Petco Health and Wellness Stock Up 3.2%
WOOF opened at $2.59 on Thursday. Petco Health and Wellness Company, Inc. has a fifty-two week low of $2.24 and a fifty-two week high of $4.51. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.29 and a current ratio of 0.85. The company has a market capitalization of $837.50 million, a P/E ratio of 129.56, a P/E/G ratio of 2.91 and a beta of 1.54. The stock has a fifty day moving average of $2.69 and a 200-day moving average of $2.76.
About Petco Health and Wellness
Petco Health and Wellness Company, Inc (NASDAQ: WOOF) is a leading U.S. pet specialty retailer focused on delivering products, services and solutions that improve the health and well-being of pets. The company operates a network of retail locations that provide high-quality pet food, supplies and accessories, along with a growing digital platform that supports online ordering, subscription delivery and telehealth consultations for pets.
In addition to its retail offerings, Petco has built a full suite of in-store and virtual services, including grooming, training, dog daycare and veterinary care.
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