BI Asset Management Fondsmaeglerselskab A S Buys 219,696 Shares of Chewy $CHWY

BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Chewy (NYSE:CHWY) by 392.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 275,612 shares of the company’s stock after buying an additional 219,696 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Chewy were worth $7,442,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Chewy by 5.4% in the 4th quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock worth $658,367,000 after buying an additional 1,017,214 shares in the last quarter. WINTON GROUP Ltd raised its holdings in shares of Chewy by 110.6% in the third quarter. WINTON GROUP Ltd now owns 239,800 shares of the company’s stock valued at $9,700,000 after buying an additional 125,943 shares during the last quarter. Champlain Investment Partners LLC bought a new position in shares of Chewy in the third quarter worth about $89,022,000. Intech Investment Management LLC raised its position in Chewy by 218.6% in the 3rd quarter. Intech Investment Management LLC now owns 173,300 shares of the company’s stock worth $7,010,000 after purchasing an additional 118,903 shares during the last quarter. Finally, ING Groep NV bought a new stake in shares of Chewy during the fourth quarter worth $5,883,000. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CHWY shares. Citigroup reissued a “market outperform” rating on shares of Chewy in a research note on Thursday, June 11th. Argus raised shares of Chewy to a “strong-buy” rating in a research note on Tuesday, April 7th. Jefferies Financial Group restated a “hold” rating and issued a $23.00 price target on shares of Chewy in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Chewy from $45.00 to $32.00 and set a “buy” rating for the company in a report on Thursday, June 11th. Finally, Wall Street Zen cut Chewy from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.05.

Chewy Stock Up 0.2%

CHWY stock opened at $18.25 on Monday. The company’s 50-day moving average price is $22.68 and its two-hundred day moving average price is $26.86. The firm has a market cap of $7.47 billion, a P/E ratio of 30.41, a P/E/G ratio of 0.92 and a beta of 1.44. Chewy has a 12 month low of $17.64 and a 12 month high of $43.84.

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

Insider Activity

In related news, CEO Sumit Singh sold 4,220 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $25.60, for a total value of $108,032.00. Following the transaction, the chief executive officer owned 123,955 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 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 the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $26.91, for a total value of $219,289.59. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 95,675 shares of company stock valued at $2,459,955. Insiders own 0.34% of the company’s stock.

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.