In a filing, Chewy Inc revealed its Officer Mehta Satish acquired Company’s shares for reported $2.54 million on Mar 06 ’25. In the deal valued at $35.60 per share,71,365 shares were bought.
Then, Singh Sumit sold 201 shares, generating $7,422 in total proceeds. Upon selling the shares at $36.92, the Chief Executive Officer now owns 48,354 shares.
Before that, Singh Sumit bought 201 shares. Chewy Inc shares valued at $7,422 were divested by the Member of immediate family of at a price of $36.92 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 -5.04% to $33.32. Over the last five days, the stock has lost -10.57%. Chewy Inc shares have fallen nearly -0.51% since the year began. Nevertheless, the stocks have risen 91.82% 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 03/04/25. SMA at 50 days reached $36.65, while 200 days put it at $29.78.
Levels Of Support And Resistance For CHWY Stock
The 24-hour chart illustrates a support level at 32.06, which if violated will result in even more drops to 30.81. On the upside, there is a resistance level at 35.16. A further resistance level may holdings at 37.01. The Relative Strength Index (RSI) on the 14-day chart is 39.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.96%. Stochastics %K at 42.58% indicates the stock is a holding.
