Chewy Inc’s recent filing unveils that its Chief Technology Officer Mehta Satish unloaded 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 sold. As a result of this transaction, Mehta Satish now holds 262,853 shares worth roughly $8.46 million.
Then, Mehta Satish bought 71,365 shares, generating $2,540,594 in total proceeds.
Before that, Singh Sumit sold 201 shares. Chewy Inc shares valued at $7,422 were divested by the Chief Executive Officer at a price of $36.92 per share. As a result of the transaction, Singh Sumit now holds 48,354 shares, worth roughly $1.56 million.
Seaport Research Partners initiated its Chewy Inc [CHWY] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Evercore ISI also remained covering CHWY and has increased its forecast on January 13, 2025 with a “an Outperform” recommendation from previously “an In-line” rating. Mizuho revised its rating on January 06, 2025. It rated CHWY as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of CHWY
On Friday, Chewy Inc [NYSE:CHWY] saw its stock fall -1.59% to $32.17. Over the last five days, the stock has lost -4.99%. Chewy Inc shares have fallen nearly -3.94% since the year began. Nevertheless, the stocks have risen 110.81% 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 03/18/25. SMA at 50 days reached $35.91, while 200 days put it at $30.75.
Levels Of Support And Resistance For CHWY Stock
The 24-hour chart illustrates a support level at 31.71, which if violated will result in even more drops to 31.25. On the upside, there is a resistance level at 32.74. A further resistance level may holdings at 33.31. The Relative Strength Index (RSI) on the 14-day chart is 40.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.73%. Stochastics %K at 37.19% 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 2025-03-14, dropping by -0.35 million shares to a total of 10.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 11.17 million shares. There was a decline of -3.2%, which implies that there is a negative sentiment for the stock.
