Chewy $CHWY Shares Sold by Baillie Gifford & Co.

Baillie Gifford & Co. lessened its holdings in shares of Chewy (NYSE:CHWY) by 3.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,517,323 shares of the company’s stock after selling 179,667 shares during the period. Baillie Gifford & Co.’s holdings in Chewy were worth $223,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CHWY. Quent Capital LLC acquired a new position in shares of Chewy in the 3rd quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new position in Chewy in the second quarter valued at approximately $30,000. Princeton Global Asset Management LLC acquired a new position in Chewy in the third quarter valued at approximately $40,000. EverSource Wealth Advisors LLC boosted its position in Chewy by 412.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock worth $46,000 after purchasing an additional 878 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in Chewy by 34.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock worth $49,000 after purchasing an additional 298 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO William G. Billings sold 1,121 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $32.72, for a total transaction of $36,679.12. Following the sale, the chief accounting officer directly owned 31,045 shares of the company’s stock, valued at approximately $1,015,792.40. This represents a 3.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 83,985 shares of company stock worth $2,802,809. 0.43% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wedbush set a $42.00 target price on shares of Chewy and gave the company an “outperform” rating in a report on Wednesday, December 10th. TD Cowen reiterated a “buy” rating on shares of Chewy in a research report on Thursday, December 4th. Mizuho reissued an “outperform” rating and set a $50.00 target price on shares of Chewy in a research note on Tuesday, November 4th. The Goldman Sachs Group upped their price target on Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Chewy in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.21.

Chewy Price Performance

Shares of Chewy stock opened at $31.68 on Friday. The business has a 50 day simple moving average of $33.19 and a two-hundred day simple moving average of $36.03. The stock has a market capitalization of $13.15 billion, a P/E ratio of 65.99, a PEG ratio of 3.27 and a beta of 1.56. Chewy has a 12 month low of $29.83 and a 12 month high of $48.62.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, December 10th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The company had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the firm posted $0.20 EPS. The firm’s revenue for the quarter 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, research analysts anticipate that Chewy will post 0.24 EPS for the current fiscal 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.