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 $2,540,594 were sold by Mehta Satish on Mar 06 ’25. At $35.60 per share, Mehta Satish sold 71,365 shares. The insider’s holdings dropped to 262,853 shares worth approximately $8.74 million following the completion of this transaction.
Also, Mehta Satish purchased 71,365 shares, netting a total of over 2,540,594 in proceeds.
Before that, Singh Sumit had sold 201 shares from its account. In a trade valued at $7,422, the Chief Executive Officer traded Chewy Inc shares for $36.92 each. Upon closing the transaction, the insider’s holdings decreased to 201 shares, worth approximately $1.61 million.
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 -9.82%. Over the course of the year, Chewy Inc shares have dropped approximately -0.69%. Shares of the company reached a 52-week high of $40.09 on 01/30/25 and a 52-week low of $31.30 on 03/10/25. A 50-day SMA is recorded $36.54, while a 200-day SMA reached $30.03.
Support And Resistance Levels for Chewy Inc (CHWY)
According to the 24-hour chart, there is a support level at 32.47, which, if violated, would cause prices to drop to 31.69. In the upper region, resistance lies at 34.37. The next price resistance is at 35.49. RSI (Relative Strength Index) is 41.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.03, which suggests the price will decrease in the coming days. Percent R is at 69.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
