In the latest trading session, 0.46 million Chewy Inc (NYSE:CHWY) shares changed hands as the company’s beta touched 1.68. With the company’s most recent per share price at $31.60 changed hands at -$1.44 or -4.36% at last look, the market valuation stands at $12.92B. CHWY’s current price is a discount, trading about -26.87% off its 52-week high of $40.09. The share price had its 52-week low at $14.69, which suggests the last value was 53.51% up since then. When we look at Chewy Inc’s average trading volume, we note the 10-day average is 6.2 million shares, with the 3-month average coming to 4.95 million.
Analysts gave the Chewy Inc (CHWY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.77. If we narrow down to specifics, the data shows that 0 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended CHWY as a Hold, 14 felt it is a Buy and 0 rated the stock as Underweight.
Chewy Inc (NYSE:CHWY) trade information
Instantly CHWY was in red as seen in intraday trades today. With action -4.82%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.64%, with the 5-day performance at -4.82% in the red. However, in the 30-day time frame, Chewy Inc (NYSE:CHWY) is -16.14% down. Looking at the short shares, we see there were 11.28 million shares sold at short interest cover period of 2.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 39, meaning bulls need an upside of 18.97% from its recent market value. According to analyst projections, CHWY’s forecast low is 35 with 42 as the target high. To hit the forecast high, the stock’s price needs a -32.91% plunge from its current level, while the stock would need to soar -10.76% for it to hit the projected low.
Chewy Inc (NYSE:CHWY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.38% of Chewy Inc shares while 98.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 102.23%. There are 98.78% institutions holding the Chewy Inc stock share, with BC PARTNERS ADVISORS L.P. the top institutional holder. As of 2024-06-30, the company held 64.2756% of the shares, roughly 275.98 million CHWY shares worth $7.52 billion.
BAILLIE GIFFORD & CO holds the second largest percentage of outstanding shares, with 4.5026% or 19.33 million shares worth $526.63 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund. With 5.38 shares estimated at $169.76 million under it, the former controlled 3.32% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.94% of the shares, roughly 4.77 shares worth around $150.68 million.
