Caitlin John LLC Has $48,000 Stock Position in Chewy, Inc. (NYSE:CHWY)

Caitlin John LLC cut its stake in shares of Chewy, Inc. (NYSE:CHWY) by 36.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,444 shares of the company’s stock after selling 826 shares during the period. Caitlin John LLC’s holdings in Chewy were worth $48,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CHWY. Wealth Enhancement Advisory Services LLC grew its position in Chewy by 1.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,741 shares of the company’s stock worth $661,000 after acquiring an additional 301 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Chewy by 22.9% during the fourth quarter. Blue Trust Inc. now owns 1,718 shares of the company’s stock valued at $58,000 after purchasing an additional 320 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Chewy by 83.0% during the fourth quarter. Fifth Third Bancorp now owns 979 shares of the company’s stock worth $33,000 after purchasing an additional 444 shares during the last quarter. Washington Trust Advisors Inc. grew its holdings in shares of Chewy by 0.3% during the third quarter. Washington Trust Advisors Inc. now owns 278,452 shares of the company’s stock worth $8,156,000 after purchasing an additional 923 shares during the last quarter. Finally, CENTRAL TRUST Co increased its stake in shares of Chewy by 45.4% in the fourth quarter. CENTRAL TRUST Co now owns 3,913 shares of the company’s stock valued at $131,000 after buying an additional 1,222 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Insider Activity

In other Chewy news, CTO Satish Mehta sold 8,056 shares of Chewy stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $33.47, for a total transaction of $269,634.32. Following the completion of the transaction, the chief technology officer now owns 585,962 shares in the company, valued at approximately $19,612,148.14. The trade was a 1.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Argos Holdings Gp Llc sold 19,827,242 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $31.32, for a total value of $620,989,219.44. The disclosure for this sale can be found here. Insiders sold a total of 28,196,437 shares of company stock worth $920,170,901 over the last quarter. 2.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Chewy from $37.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Needham & Company LLC reissued a “hold” rating on shares of Chewy in a research note on Thursday, December 5th. Argus raised Chewy from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Royal Bank of Canada lifted their target price on Chewy from $39.00 to $42.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, The Goldman Sachs Group increased their price target on Chewy from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat, Chewy currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.80.

Chewy Trading Down 0.4 %

CHWY opened at $38.45 on Thursday. The company has a fifty day moving average price of $35.25 and a two-hundred day moving average price of $30.78. Chewy, Inc. has a 1-year low of $14.69 and a 1-year high of $40.09. The company has a market cap of $15.66 billion, a P/E ratio of 42.25, a price-to-earnings-growth ratio of 4.36 and a beta of 1.10.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, December 4th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.15. The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. Chewy had a return on equity of 24.47% and a net margin of 3.51%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.08) EPS. On average, research analysts forecast that Chewy, Inc. will post 0.24 EPS for the current fiscal year.

Chewy Company 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.