🟢 CHWY is trading 4.6% up today as institutional investors increase stakes and company leverages AI for efficiency
Chewy Inc
Louisiana State Employees Retirement System disclosed a new $1.87 million stake in Chewy on July 1, 2026, acquiring 69,200 shares.
Institutional ownership in Chewy remains high, with several other investors recently adding or initiating positions.
Chewy is expanding its use of AI and automation to enhance operational efficiency, anticipating efficiency gains in the low tens of millions of dollars in fiscal 2026.