Insider Selling: Chewy (NYSE:CHWY) CTO Sells 6,056 Shares of Stock

Key Points

  • Chewy CTO Satish Mehta sold 6,056 shares on December 2 at an average price of $33.73 for $204,268.88, leaving him with 238,574 shares valued at about $8.05 million (a 2.48% drop in his ownership).
  • The December 2 sale is part of a series of recent disposals (Nov. 3, Nov. 4 and Dec. 3), totaling 22,858 shares and roughly $760,892 in proceeds across those transactions.
  • For context, CHWY shares trade around $33.21 (52-week range $29.83–$48.62) with a market cap of $13.78B, analysts hold a consensus "Moderate Buy" and $46.17 target, and the company last reported $0.33 EPS on $3.10B revenue.

Chewy (NYSE:CHWY - Get Free Report) CTO Satish Mehta sold 6,056 shares of the firm's stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total value of $204,268.88. Following the completion of the transaction, the chief technology officer directly owned 238,574 shares of the company's stock, valued at approximately $8,047,101.02. This trade represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Satish Mehta also recently made the following trade(s):

  • On Wednesday, December 3rd, Satish Mehta sold 8,872 shares of Chewy stock. The shares were sold at an average price of $33.53, for a total transaction of $297,478.16.
  • On Tuesday, November 4th, Satish Mehta sold 4,642 shares of Chewy stock. The shares were sold at an average price of $32.65, for a total transaction of $151,561.30.
  • On Monday, November 3rd, Satish Mehta sold 3,288 shares of Chewy stock. The shares were sold at an average price of $32.72, for a total transaction of $107,583.36.

Chewy Trading Down 0.2%




NYSE CHWY traded down $0.08 on Friday, reaching $33.21. The company's stock had a trading volume of 301,417 shares, compared to its average volume of 6,630,588. Chewy has a 52 week low of $29.83 and a 52 week high of $48.62. The firm has a market cap of $13.78 billion, a PE ratio of 95.11, a price-to-earnings-growth ratio of 8.29 and a beta of 1.58. The business has a 50-day moving average price of $35.58 and a 200 day moving average price of $38.68.

Chewy (NYSE:CHWY - Get Free Report) last announced its quarterly earnings results on Wednesday, September 10th. The company reported $0.33 EPS for the quarter, hitting analysts' consensus estimates of $0.33. The firm had revenue of $3.10 billion during the quarter, compared to analysts' expectations of $3.08 billion. Chewy had a net margin of 1.22% and a return on equity of 50.45%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 earnings per share. Chewy has set its Q3 2025 guidance at 0.280-0.330 EPS. Analysts anticipate that Chewy will post 0.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on CHWY shares. TD Cowen decreased their price target on Chewy from $50.00 to $48.00 and set a "buy" rating on the stock in a research note on Thursday, September 11th. JPMorgan Chase & Co. cut their price objective on Chewy from $47.00 to $45.00 and set an "overweight" rating for the company in a report on Thursday, September 11th. Deutsche Bank Aktiengesellschaft raised shares of Chewy from a "hold" rating to a "buy" rating and set a $45.00 target price on the stock in a report on Thursday, September 11th. Robert W. Baird dropped their target price on shares of Chewy from $52.00 to $48.00 and set an "outperform" rating for the company in a research report on Thursday, September 11th. Finally, Wall Street Zen lowered shares of Chewy from a "buy" rating to a "hold" rating in a research report on Sunday, September 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Chewy presently has an average rating of "Moderate Buy" and a consensus target price of $46.17.

View Our Latest Stock Analysis on Chewy

Institutional Investors Weigh In On Chewy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHWY. Parkside Financial Bank & Trust raised its stake in shares of Chewy by 34.5% in the second quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company's stock worth $49,000 after acquiring an additional 298 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of Chewy by 4.0% in the third quarter. Park Avenue Securities LLC now owns 7,810 shares of the company's stock valued at $316,000 after purchasing an additional 302 shares in the last quarter. Transatlantique Private Wealth LLC raised its position in Chewy by 3.0% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 10,922 shares of the company's stock worth $442,000 after purchasing an additional 314 shares during the last quarter. National Bank of Canada FI lifted its holdings in Chewy by 12.5% during the 3rd quarter. National Bank of Canada FI now owns 2,910 shares of the company's stock worth $118,000 after buying an additional 324 shares in the last quarter. Finally, Angeles Wealth Management LLC lifted its holdings in Chewy by 6.6% during the 3rd quarter. Angeles Wealth Management LLC now owns 5,305 shares of the company's stock worth $215,000 after buying an additional 330 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

About Chewy

(Get Free Report)

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.

Further Reading

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