Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Chewy Inc shares valued at $11,527,871 were sold by Reeder David on Feb 07 ’25. At $37.48 per share, Reeder David sold 307,558 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Mehta Satish sold 66,258 shares, netting a total of over 2,513,166 in proceeds. Following the sale of shares at $37.93 each, the insider now holds 334,218 shares.
Before that, Reeder David had added 307,558 shares to its account. In a trade valued at $11,530,879, the Officer bought Chewy Inc shares for $37.49 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 -1.84%. Over the course of the year, Chewy Inc shares have jumped approximately 13.38%. 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 $35.62, while a 200-day SMA reached $28.28. Nevertheless, trading volume fell to 3.61 million shares from 2.84 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 37.52, which, if violated, would cause prices to drop to 37.08. In the upper region, resistance lies at 38.23. The next price resistance is at 38.50. RSI (Relative Strength Index) is 54.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.79, which suggests the price will decrease in the coming days. Percent R is at 59.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
