In a filing, Chewy Inc revealed its Chief Executive Officer Singh Sumit unloaded Company’s shares for reported $2.06 million on May 02 ’25. In the deal valued at $36.50 per share,56,550 shares were sold. As a result of this transaction, Singh Sumit now holds 904,058 shares worth roughly $35.77 million.
Then, Singh Sumit sold 2,867 shares, generating $104,632 in total proceeds. Upon selling the shares at $36.50, the Chief Executive Officer now owns 66,316 shares.
Before that, Reeder David sold 11,582 shares. Chewy Inc shares valued at $422,048 were divested by the Chief Financial Officer at a price of $36.44 per share. As a result of the transaction, Reeder David now holds 0 shares, worth roughly $0.0.
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 3.48% to $39.57. Over the last five days, the stock has gained 7.94%. Chewy Inc shares have risen nearly 18.15% since the year began. Nevertheless, the stocks have risen 155.46% over the past one year. While a 52-week high of $40.09 was reached on 01/30/25, a 52-week low of $15.27 was recorded on 04/07/25. SMA at 50 days reached $34.58, while 200 days put it at $32.15.
Levels Of Support And Resistance For CHWY Stock
The 24-hour chart illustrates a support level at 38.60, which if violated will result in even more drops to 37.63. On the upside, there is a resistance level at 40.24. A further resistance level may holdings at 40.91. The Relative Strength Index (RSI) on the 14-day chart is 68.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.49, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.62%. Stochastics %K at 91.16% indicates the stock is a selling.
