Chewy Inc (NYSE:CHWY) Major Shareholder Sells $110,687,500.00 in Stock
Chewy Inc (NYSE:CHWY) major shareholder Argos Holdings Gp Llc sold 3,850,000 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $28.75, for a total value of $110,687,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of NYSE CHWY traded down $0.63 during mid-day trading on Wednesday, reaching $30.50. 3,211,863 shares of the company’s stock were exchanged, compared to its average volume of 2,513,506. The company’s 50-day moving average is $27.71 and its 200-day moving average is $28.78. Chewy Inc has a 52- ...