Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Chewy Inc shares valued at $250,375 were purchased by Singh Sumit on Feb 05 ’25. At $37.90 per share, Singh Sumit acquired 6,606 shares.
Also, Singh Sumit purchased 57,432 shares, netting a total of over 2,176,736 in proceeds.
Before that, Reeder David had added 54,022 shares to its account. In a trade valued at $2,047,493, the Officer bought Chewy Inc shares for $37.90 each.
As published in a research note from Argus on January 23, 2025, Chewy Inc [CHWY] has been rated up from a Hold to a Buy. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in mid January. As of January 06, 2025, Mizuho has increased its “Neutral” rating to a “an Outperform” for CHWY. Earlier on January 03, 2025, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for CHWY stock which previously was a “a Peer perform”.
Analyzing CHWY Stock Performance
During the last five days, there has been a drop of approximately -1.13%. Over the course of the year, Chewy Inc shares have jumped approximately 14.99%. Shares of the company reached a 52-week high of $40.09 on 01/30/25 and a 52-week low of $33.01 on 01/02/25. A 50-day SMA is recorded $35.21, while a 200-day SMA reached $27.62. Nevertheless, trading volume fell to 3.78 million shares from 3.96 million shares the previous day.
Support And Resistance Levels for Chewy Inc (CHWY)
According to the 24-hour chart, there is a support level at 37.86, which, if violated, would cause prices to drop to 37.22. In the upper region, resistance lies at 38.84. The next price resistance is at 39.18. RSI (Relative Strength Index) is 59.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.08, which suggests the price will decrease in the coming days. Percent R is at 37.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
