174,953 Shares in Chewy $CHWY Purchased by Nordea Investment Management AB

Nordea Investment Management AB acquired a new position in shares of Chewy (NYSE:CHWY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 174,953 shares of the company’s stock, valued at approximately $6,967,000.

Several other hedge funds also recently modified their holdings of the business. Royal Bank of Canada raised its stake in shares of Chewy by 2.5% during the first quarter. Royal Bank of Canada now owns 220,509 shares of the company’s stock worth $7,168,000 after buying an additional 5,466 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Chewy in the 1st quarter valued at $510,000. NewEdge Advisors LLC boosted its position in shares of Chewy by 5,238.3% in the 1st quarter. NewEdge Advisors LLC now owns 32,510 shares of the company’s stock worth $1,057,000 after purchasing an additional 31,901 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Chewy by 1.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,176,138 shares of the company’s stock valued at $38,236,000 after purchasing an additional 17,788 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Chewy by 31.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 383,966 shares of the company’s stock valued at $12,483,000 after buying an additional 92,129 shares during the period. Institutional investors own 93.09% of the company’s stock.

Insider Activity

In other news, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total value of $1,375,812.97. Following the sale, the chief executive officer owned 623,185 shares of the company’s stock, valued at $21,020,030.05. The trade was a 6.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Satish Mehta sold 8,872 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $33.53, for a total transaction of $297,478.16. Following the transaction, the chief technology officer owned 229,702 shares of the company’s stock, valued at $7,701,908.06. The trade was a 3.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 83,985 shares of company stock worth $2,802,809 over the last ninety days. Insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

CHWY has been the subject of several analyst reports. Wall Street Zen lowered Chewy from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Morgan Stanley lifted their price objective on shares of Chewy from $48.00 to $51.00 and gave the stock an “overweight” rating in a research note on Tuesday. Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. The Goldman Sachs Group lifted their price target on shares of Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Mizuho reissued an “outperform” rating and issued a $50.00 price target on shares of Chewy in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $47.21.

Chewy Trading Up 3.0%

CHWY opened at $33.75 on Friday. The stock has a market capitalization of $14.01 billion, a P/E ratio of 70.31, a P/E/G ratio of 3.42 and a beta of 1.56. Chewy has a 12 month low of $29.83 and a 12 month high of $48.62. The firm’s fifty day simple moving average is $33.27 and its 200 day simple moving average is $36.29.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.17). The firm had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. Chewy had a net margin of 1.64% and a return on equity of 56.78%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.20 earnings per share. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, equities research analysts predict that Chewy will post 0.24 EPS for the current fiscal year.

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.