Key Points
- CEO Chang Liu bought 18,988 shares of 17 Education & Technology Group at $2.20 per share, spending a total of $41,773.60. After the purchase, his stake rose to 22,910 shares, a 484.14% increase.
- The stock was trading down 4.2% at $2.38, leaving the company with a market cap of about $25.87 million. Its shares are near the 50-day moving average of $2.37 and below the 200-day average of $2.80.
- Renaissance Technologies LLC increased its position by 31.9% in the fourth quarter, and institutional investors and hedge funds now own 3.54% of the company. 17 Education & Technology Group provides K-12 after-school tutoring and online learning products in China.
17 Education & Technology Group Inc. (NYSE:YQ - Get Free Report) CEO Chang Liu purchased 18,988 shares of the firm's stock in a transaction dated Thursday, July 2nd. The stock was acquired at an average cost of $2.20 per share, with a total value of $41,773.60. Following the purchase, the chief executive officer owned 22,910 shares of the company's stock, valued at approximately $50,402. This represents a 484.14% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
17 Education & Technology Group Stock Down 4.2%
Shares of YQ opened at $2.38 on Tuesday. The firm has a market capitalization of $25.87 million, a PE ratio of -0.60 and a beta of 0.92. The firm has a 50-day moving average price of $2.37 and a 200 day moving average price of $2.80. 17 Education & Technology Group Inc. has a 52-week low of $1.70 and a 52-week high of $6.45.
Institutional Inflows and Outflows
An institutional investor recently raised its position in 17 Education & Technology Group stock. Renaissance Technologies LLC lifted its stake in shares of 17 Education & Technology Group Inc. (NYSE:YQ - Free Report) by 31.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,530 shares of the company's stock after acquiring an additional 12,949 shares during the quarter. Renaissance Technologies LLC owned about 0.60% of 17 Education & Technology Group worth $192,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.54% of the company's stock.
About 17 Education & Technology Group
(
Get Free Report)
17 Education & Technology Group is a leading provider of K-12 after-school tutoring services in China, offering a comprehensive portfolio of online educational products designed to supplement classroom learning. The company delivers interactive live classes, adaptive homework exercises and personalized test‐preparation courses across core subjects such as mathematics, Chinese language, English, physics and chemistry. Its digital solutions aim to enhance student engagement, accelerate learning outcomes and provide real‐time performance feedback.
The firm's flagship platforms include a live online classroom system that combines real‐time video streaming, multimedia teaching aids and AI-powered analytics to support one-to-many instruction.
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