Brookstone Capital Management Buys Shares of 15,888 Chewy $CHWY

Brookstone Capital Management bought a new position in shares of Chewy (NYSE:CHWY) during the 3rd quarter, Holdings Channel reports. The fund bought 15,888 shares of the company’s stock, valued at approximately $643,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vontobel Holding Ltd. lifted its stake in shares of Chewy by 11.0% in the third quarter. Vontobel Holding Ltd. now owns 20,473 shares of the company’s stock valued at $828,000 after purchasing an additional 2,022 shares during the period. DAVENPORT & Co LLC increased its holdings in Chewy by 16.2% in the third quarter. DAVENPORT & Co LLC now owns 50,083 shares of the company’s stock valued at $2,026,000 after buying an additional 6,968 shares in the last quarter. Andrew Hill Investment Advisors Inc. lifted its position in shares of Chewy by 105.2% during the 3rd quarter. Andrew Hill Investment Advisors Inc. now owns 26,406 shares of the company’s stock valued at $1,068,000 after acquiring an additional 13,535 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Chewy by 62.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,043 shares of the company’s stock worth $244,000 after acquiring an additional 2,323 shares in the last quarter. Finally, Parcion Private Wealth LLC acquired a new stake in shares of Chewy in the 3rd quarter worth approximately $307,000. 93.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CHWY has been the subject of several research reports. Wall Street Zen cut Chewy from a “buy” rating to a “hold” rating in a report on Sunday, September 21st. Wedbush set a $42.00 price target on Chewy and gave the stock an “outperform” rating in a research note on Wednesday, December 10th. JMP Securities reissued a “market outperform” rating and issued a $48.00 price objective on shares of Chewy in a research note on Thursday, September 11th. Seaport Res Ptn upgraded shares of Chewy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. cut their target price on shares of Chewy from $47.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, September 11th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.72.

Insiders Place Their Bets

In related news, CAO William G. Billings sold 1,121 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $32.72, for a total transaction of $36,679.12. Following the transaction, the chief accounting officer directly owned 31,045 shares in the company, valued at approximately $1,015,792.40. This represents a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sumit Singh sold 40,789 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total value of $1,375,812.97. Following the completion of the sale, the chief executive officer directly owned 623,185 shares in the company, valued at approximately $21,020,030.05. The trade was a 6.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 83,985 shares of company stock valued at $2,802,809 in the last quarter. 0.43% of the stock is currently owned by company insiders.

Chewy Price Performance

Chewy stock opened at $32.84 on Wednesday. The stock has a market capitalization of $13.63 billion, a P/E ratio of 68.41, a P/E/G ratio of 3.35 and a beta of 1.58. Chewy has a 12-month low of $29.83 and a 12-month high of $48.62. The firm’s 50-day moving average is $33.64 and its two-hundred day moving average is $37.12.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, December 10th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.17). Chewy had a net margin of 1.64% and a return on equity of 56.78%. The firm had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the previous year, the company posted $0.20 EPS. The business’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. As a group, analysts forecast that Chewy will post 0.24 EPS for the current year.

Chewy 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.