In a filing, Chewy Inc revealed its Officer Singh Sumit acquired 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 bought.
Then, Singh Sumit sold 148,063 shares, generating $6,022,409 in total proceeds. Upon selling the shares at $40.67, the Chief Executive Officer now owns 705,252 shares.
Before that, Singh Sumit sold 50,743 shares. Chewy Inc shares valued at $2,034,287 were divested by the Chief Executive Officer at a price of $40.09 per share. As a result of the transaction, Singh Sumit now holds 853,315 shares, worth roughly $35.63 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 jump 0.70% to $41.76. Over the last five days, the stock has gained 5.53%. Chewy Inc shares have risen nearly 24.69% since the year began. Nevertheless, the stocks have risen 148.13% over the past one year. While a 52-week high of $41.71 was reached on 05/16/25, a 52-week low of $15.78 was recorded on 04/07/25. SMA at 50 days reached $35.05, while 200 days put it at $32.55.
Levels Of Support And Resistance For CHWY Stock
The 24-hour chart illustrates a support level at 41.27, which if violated will result in even more drops to 40.79. On the upside, there is a resistance level at 42.22. A further resistance level may holdings at 42.69. The Relative Strength Index (RSI) on the 14-day chart is 75.09, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.62, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.11%. Stochastics %K at 95.90% indicates the stock is a selling.
