Chewy $CHWY Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its holdings in shares of Chewy (NYSE:CHWY) by 685.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,204 shares of the company’s stock after buying an additional 77,843 shares during the period. Hsbc Holdings PLC’s holdings in Chewy were worth $2,956,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CHWY. CoreCap Advisors LLC increased its position in Chewy by 306.2% in the 4th quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock valued at $28,000 after acquiring an additional 637 shares during the period. Harbour Investments Inc. boosted its position in Chewy by 81.4% during the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after acquiring an additional 407 shares during the period. Osterweis Capital Management Inc. bought a new position in shares of Chewy in the second quarter worth $30,000. Los Angeles Capital Management LLC bought a new position in shares of Chewy in the fourth quarter worth $31,000. Finally, Modus Advisors LLC bought a new position in shares of Chewy in the fourth quarter worth $34,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Chewy

In other Chewy news, CEO Sumit Singh sold 4,220 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $25.60, for a total transaction of $108,032.00. Following the completion of the sale, the chief executive officer directly owned 123,955 shares in the company, valued at approximately $3,173,248. This trade represents a 3.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Da-Wai Hu sold 8,149 shares of Chewy stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $26.91, for a total value of $219,289.59. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,675 shares of company stock valued at $2,459,955 over the last 90 days. Corporate insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CHWY. UBS Group cut their price objective on shares of Chewy from $32.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday, June 11th. Moffett Nathanson set a $28.00 target price on shares of Chewy in a research report on Thursday, June 11th. Jefferies Financial Group reissued a “hold” rating and set a $23.00 target price on shares of Chewy in a research note on Thursday, June 11th. Royal Bank Of Canada dropped their price target on shares of Chewy from $47.00 to $34.00 and set an “outperform” rating on the stock in a research report on Thursday, June 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $32.05.

Chewy Stock Down 0.1%

Shares of NYSE:CHWY opened at $18.53 on Monday. The company’s fifty day moving average is $21.91 and its two-hundred day moving average is $26.32. The company has a market cap of $7.59 billion, a P/E ratio of 30.89, a price-to-earnings-growth ratio of 0.93 and a beta of 1.44. Chewy has a 12-month low of $17.40 and a 12-month high of $43.63.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, June 10th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.24 by $0.19. Chewy had a return on equity of 60.02% and a net margin of 1.99%.The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the firm posted $0.35 earnings per share. Chewy’s revenue was up 9.7% compared to the same quarter last year. Chewy has set its Q2 2026 guidance at 0.360-0.360 EPS. Equities research analysts anticipate that Chewy will post 0.8 earnings per share for the current 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.