SG Americas Securities LLC Purchases 231,910 Shares of Chewy $CHWY

Key Points

• SG Americas Securities LLC increased its stake in Chewy by 965.2% in Q4, buying 231,910 shares to hold 255,936 shares worth about $8.46 million (roughly 0.06% of the company).
• Autoship now represents ~84% of revenues (over $2.7B in Q4), supporting growing recurring revenue and prompting bullish commentary and upgraded targets from some analysts and commentators.
• Chewy reported a Q4 EPS miss of $0.09 vs. $0.28 expected while revenue matched $3.26B; analysts have a consensus "Moderate Buy" rating with a $44 average price target.

SG Americas Securities LLC grew its position in Chewy (NYSE:CHWY - Free Report) by 965.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,936 shares of the company's stock after purchasing an additional 231,910 shares during the period. SG Americas Securities LLC owned about 0.06% of Chewy worth $8,459,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Winslow Asset Management Inc. purchased a new position in shares of Chewy in the 3rd quarter worth approximately $6,171,000. Nordea Investment Management AB purchased a new stake in shares of Chewy during the third quarter valued at approximately $6,967,000. Federated Hermes Inc. increased its position in shares of Chewy by 2,715.2% during the third quarter. Federated Hermes Inc. now owns 664,079 shares of the company's stock valued at $26,862,000 after acquiring an additional 640,490 shares during the last quarter. WINTON GROUP Ltd lifted its holdings in Chewy by 110.6% during the third quarter. WINTON GROUP Ltd now owns 239,800 shares of the company's stock worth $9,700,000 after acquiring an additional 125,943 shares during the period. Finally, CWM LLC boosted its position in Chewy by 8,785.0% in the third quarter. CWM LLC now owns 284,499 shares of the company's stock worth $11,508,000 after purchasing an additional 281,297 shares during the last quarter. 93.09% of the stock is owned by institutional investors.

Trending Headlines about Chewy

Here are the key news stories impacting Chewy this week:

• Positive Sentiment: Autoship now represents ~84% of revenues (>$2.7B in Q4), highlighting growing recurring revenue and AI-driven personalization that can stabilize lifetime value and margins. CHWY's Autoship Hits 84%: Is Recurring Revenue a Key Catalyst? Zacks: CHWY's Autoship Hits 84%
• Positive Sentiment: Management issued robust fiscal 2026 guidance and the company posted strong quarterly metrics, prompting bullish coverage and articles arguing the stock remains attractive after the pullback. Chewy Shares Climb on Upbeat Outlook, but It's Not Too Late to Buy the Stock
• Positive Sentiment: Royal Bank of Canada raised its price target to $47 and keeps an "Outperform" rating, implying substantial upside from current levels and signaling some buy-side confidence. Benzinga: RBC Raises Price Target
• Positive Sentiment: Jim Cramer publicly backed Chewy's quarter on Mad Money, noting the company’s story and execution remain on track — a sentiment that can support retail interest. Jim Cramer Believes: “Chewy (CHWY)’s Story Remains Firmly On Track”
• Positive Sentiment: Several bullish write-ups highlight Chewy as potentially undervalued after a significant drawdown from its highs, citing the company’s expanding recurring revenue and improving unit economics. Down Around 47% From Its High, Should You Buy Chewy Stock Right Now?
• Neutral Sentiment: Chewy is listed among active mid-cap picks in a market roundup — increases visibility but is not news specific to fundamentals. 5 Most Active Mid-Cap Stocks to Invest In
• Negative Sentiment: Citigroup trimmed its price target to $40, a move that tempers some of the bullish analyst momentum and contributes to mixed street sentiment. Citigroup Cuts Chewy Price Target to $40

Insider Transactions at Chewy

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $28.99, for a total transaction of $377,246.87. Following the sale, the chief technology officer directly owned 273,835 shares of the company's stock, valued at $7,938,476.65. This represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.43% of the company's stock.

Chewy Price Performance

NYSE:CHWY opened at $25.95 on Tuesday. The company has a market capitalization of $10.77 billion, a P/E ratio of 49.90, a P/E/G ratio of 1.77 and a beta of 1.60. The business has a fifty day simple moving average of $26.77 and a two-hundred day simple moving average of $32.03. Chewy has a 1 year low of $22.74 and a 1 year high of $48.62.

Chewy (NYSE:CHWY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.19). The firm had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.26 billion. Chewy had a net margin of 1.77% and a return on equity of 53.48%. The firm's quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 EPS. As a group, analysts anticipate that Chewy will post 0.24 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CHWY shares. Needham & Company LLC restated a "hold" rating on shares of Chewy in a research note on Thursday, December 11th. Citizens Jmp cut their price target on shares of Chewy from $48.00 to $45.00 and set a "market outperform" rating on the stock in a report on Thursday, March 26th. Raymond James Financial upgraded shares of Chewy from a "market perform" rating to an "outperform" rating and set a $28.00 price target for the company in a research report on Thursday, February 19th. BNP Paribas Exane restated a "neutral" rating and set a $28.00 price objective (down from $38.00) on shares of Chewy in a report on Thursday, March 26th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Chewy from $46.00 to $40.00 and set an "overweight" rating on the stock in a research report on Thursday, March 26th. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $44.00.

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.

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