Bradley Foster & Sargent Inc. CT purchased a new position in shares of Chewy, Inc. (NYSE:CHWY – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,049 shares of the company’s stock, valued at approximately $355,000.
Several other institutional investors and hedge funds also recently made changes to their positions in CHWY. Fiera Capital Corp bought a new stake in Chewy in the 2nd quarter valued at approximately $44,373,000. Baillie Gifford & Co. grew its position in shares of Chewy by 7.2% during the 1st quarter. Baillie Gifford & Co. now owns 19,819,195 shares of the company’s stock worth $315,323,000 after purchasing an additional 1,336,431 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Chewy by 13.5% in the fourth quarter. Vanguard Group Inc. now owns 9,604,698 shares of the company’s stock worth $226,959,000 after purchasing an additional 1,140,269 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Chewy by 127.8% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,717,660 shares of the company’s stock valued at $27,328,000 after buying an additional 963,540 shares during the period. Finally, Principal Financial Group Inc. acquired a new position in Chewy during the second quarter valued at approximately $14,380,000. Institutional investors and hedge funds own 93.09% of the company’s stock.
Insider Activity
In related news, major shareholder Argos Holdings Gp Llc sold 1,338,262 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $30.32, for a total transaction of $40,576,103.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Chewy news, CTO Satish Mehta sold 2,894 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $22.24, for a total transaction of $64,362.56. Following the sale, the chief technology officer now directly owns 573,463 shares in the company, valued at approximately $12,753,817.12. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Argos Holdings Gp Llc sold 1,338,262 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $30.32, for a total value of $40,576,103.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,906,141 shares of company stock worth $540,973,233. Insiders own 2.10% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Chewy
Chewy Price Performance
NYSE:CHWY opened at $31.11 on Friday. The firm has a market capitalization of $13.53 billion, a P/E ratio of 172.83, a PEG ratio of 3.02 and a beta of 1.04. Chewy, Inc. has a one year low of $14.69 and a one year high of $39.10. The company’s 50-day simple moving average is $26.54 and its 200 day simple moving average is $21.76.
Chewy Profile
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.
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