Chewy Inc’s recent filing unveils that its Chief Executive Officer Singh Sumit unloaded Company’s shares for reported $5.59 million on May 16 ’25. In the deal valued at $42.08 per share,132,948 shares were sold. As a result of this transaction, Singh Sumit now holds 572,304 shares worth roughly $25.9 million.
Then, Singh Sumit sold 75,142 shares, generating $3,232,073 in total proceeds. Upon selling the shares at $43.01, the Chief Executive Officer now owns 497,162 shares.
Before that, Singh Sumit bought 75,142 shares. Chewy Inc shares valued at $3,232,167 were divested by the Officer at a price of $43.01 per share.
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 jump 1.89% to $45.25. Over the last five days, the stock has gained 3.00%. Chewy Inc shares have risen nearly 35.11% since the year began. Nevertheless, the stocks have risen 167.59% over the past one year. While a 52-week high of $45.01 was reached on 05/30/25, a 52-week low of $19.75 was recorded on 04/07/25. SMA at 50 days reached $37.11, while 200 days put it at $33.49.
Levels Of Support And Resistance For CHWY Stock
The 24-hour chart illustrates a support level at 44.01, which if violated will result in even more drops to 42.78. On the upside, there is a resistance level at 45.88. A further resistance level may holdings at 46.52. The Relative Strength Index (RSI) on the 14-day chart is 77.54, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.71, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.34%. Stochastics %K at 94.27% indicates the stock is a selling.
