Roaring Kitty's Surprise Move: 6.6% Ownership Stake in Chewy Revealed

The world of online trading is buzzing after influential retail trader Keith Gill, known by his online moniker “Roaring Kitty,” on Monday disclosed a 6.6% stake in online pet-products retailer Chewy CHWY 1.17%. This unexpected move has sent ripples through the market and put Chewy (NYSE: CHWY) stock is in the spotlight.

The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares amounting to a 6.6% stake in the company. That makes him the third largest individual shareholder in Chewy. The Securities and Exchange Commission filing shows Roaring Kitty, whose legal name is Keith Gill, bought more than 9 million shares of Chewy last week.

This disclosure by Stock influencer Keith Gill, known as Roaring Kitty, unveiled a 6.6% stake in Chewy on Monday, a surprise move that alarmed executives at the U.S. pet products company. What led Roaring Kitty, whose real name is Keith Gill, revealed a 6.6% stake in the pet supplies e-commerce company through a recent filing, is yet unknown, but market analysts are already speculating about the potential impact on Chewy's stock performance.

Stay tuned for more updates as this story develops. We'll continue to monitor the market and provide analysis on Roaring Kitty's Chewy investment.