The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Chewy Inc shares valued at $5,594,452 were sold by Singh Sumit on May 16 ’25. At $42.08 per share, Singh Sumit sold 132,948 shares. The insider’s holdings dropped to 572,304 shares worth approximately $27.06 million following the completion of this transaction.
Also, Singh Sumit sold 75,142 shares, netting a total of over 3,232,073 in proceeds. Following the sale of shares at $43.01 each, the insider now holds 497,162 shares.
Before that, Singh Sumit had added 75,142 shares to its account. In a trade valued at $3,232,167, the Officer bought Chewy Inc shares for $43.01 each.
As published in their initiating research note from Seaport Research Partners on March 24, 2025, Chewy Inc [CHWY] has been a Neutral. Analysts at Argus upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of January 13, 2025, Evercore ISI has increased its “an In-line” rating to a “an Outperform” for CHWY. Earlier on January 06, 2025, Mizuho upgraded its rating. Their new recommendation was “an Outperform” for CHWY stock which previously was a “a Neutral”.
Analyzing CHWY Stock Performance
During the last five days, there has been a surge of approximately 7.09%. Over the course of the year, Chewy Inc shares have jumped approximately 41.18%. Shares of the company reached a 52-week high of $48.12 on 06/03/25 and a 52-week low of $29.83 on 04/07/25.
Support And Resistance Levels for Chewy Inc (CHWY)
According to the 24-hour chart, there is a support level at 46.64, which, if violated, would cause prices to drop to 46.00. In the upper region, resistance lies at 47.84. The next price resistance is at 48.40. RSI (Relative Strength Index) is 79.67 on the 14-day chart, showing overbought technical sentiment.
