In a filing, Chewy Inc revealed its Chief Financial Officer Reeder David unloaded Company’s shares for reported $11.53 million on Feb 07 ’25. In the deal valued at $37.48 per share,307,558 shares were sold. As a result of this transaction, Reeder David now holds 0 shares worth roughly $ 0.0.
Then, Mehta Satish sold 66,258 shares, generating $2,513,166 in total proceeds. Upon selling the shares at $37.93, the Chief Technology Officer now owns 334,218 shares.
Before that, Reeder David bought 307,558 shares. Chewy Inc shares valued at $11,530,879 were divested by the Officer at a price of $37.49 per share.
Argus upgraded its Chewy Inc [CHWY] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid January from “an In-line” to “an Outperform”. Mizuho also remained covering CHWY and has increased its forecast on January 06, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on January 03, 2025. It rated CHWY as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of CHWY
On Friday, Chewy Inc [NYSE:CHWY] saw its stock fall -0.76% to $37.68. Over the last five days, the stock has gained 1.40%. Chewy Inc shares have risen nearly 12.51% since the year began. Nevertheless, the stocks have risen 125.36% over the past one year. While a 52-week high of $40.09 was reached on 01/30/25, a 52-week low of $14.69 was recorded on 01/02/25. SMA at 50 days reached $35.70, while 200 days put it at $28.39.
Levels Of Support And Resistance For CHWY Stock
The 24-hour chart illustrates a support level at 37.24, which if violated will result in even more drops to 36.80. On the upside, there is a resistance level at 38.42. A further resistance level may holdings at 39.16. The Relative Strength Index (RSI) on the 14-day chart is 52.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.50%. Stochastics %K at 33.99% indicates the stock is a holding.
How much short interest is there in Chewy Inc?
A steep rise in short interest was recorded in Chewy Inc stocks on 2025-01-31, dropping by -1.62 million shares to a total of 12.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 13.92 million shares. There was a decline of -13.19%, which implies that there is a negative sentiment for the stock.
