Chewy $CHWY Stock Holdings Cut by Allianz Asset Management GmbH

Allianz Asset Management GmbH cut its position in shares of Chewy (NYSE:CHWY) by 25.6% during the 3rd quarter, Holdings Channel reports. The firm owned 1,058,238 shares of the company’s stock after selling 364,060 shares during the period. Allianz Asset Management GmbH’s holdings in Chewy were worth $42,806,000 at the end of the most recent reporting period.

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

Chewy Stock Down 3.7%

CHWY opened at $26.55 on Friday. The firm has a market capitalization of $11.02 billion, a P/E ratio of 55.32, a PEG ratio of 1.86 and a beta of 1.59. The stock has a fifty day moving average of $32.35 and a 200-day moving average of $35.44. Chewy has a 12-month low of $26.34 and a 12-month high of $48.62.

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

Insider Buying and Selling

In related news, CEO Sumit Singh sold 40,789 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 623,185 shares in the company, valued at approximately $21,020,030.05. This trade represents a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total transaction of $377,246.87. Following the completion of the transaction, the chief technology officer owned 273,835 shares in the company, valued at approximately $7,938,476.65. This represents a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 69,369 shares of company stock valued at $2,276,360 over the last three months. 0.43% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on CHWY shares. The Goldman Sachs Group increased their target price on shares of Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Barclays upped their price target on Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a report on Wednesday, January 21st. Mizuho reaffirmed an “outperform” rating and set a $50.00 target price on shares of Chewy in a report on Tuesday, November 4th. Finally, UBS Group set a $51.00 price target on Chewy in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.21.

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.