Chewy Director Star Buys $10 Million in Stock Over Recent Weeks By Investing.com

Chewy Director Star Buys $10 Million in Stock Over Recent Weeks

Stock Markets Jun 15, 2022 05:22PM ET

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Chewy Director Star Buys $10 Million in Stock Over Recent Weeks

By Davit Kirakosyan

According to the SEC Form 4 filing, Chewy (NYSE:CHWY) director James Star, bought a total of 181,478 (13,500 and 167,978) of the company's shares on June 13 in multiple transactions at a weighted average price of $26.9167 and $27.4836.

The value of the transaction was around $5 million. Star purchased a separate $5 million worth of shares on June 8.

Following the purchase, Star owns 483,996 shares indirectly and 112,573 shares directly.

Star is the Executive Chairman of Longview Asset Management LLC, a multi-strategy investment firm.

Shares of Chewy are down over 50% year-to-date.

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