Key Points
- CEO Chang Liu purchased 9,287 shares of 17 Education & Technology Group at an average price of $2.17, investing $20,152.79 and increasing his ownership by 26.59% to 44,214 shares.
- Liu also bought 18,988 shares earlier in July for $41,773.60, signaling continued insider buying.
- YQ shares opened at $2.02 after a 6.0% decline, with a market capitalization of $21.91 million; institutional investors own 3.54% of the company, including a new 11,460-share position by XTX Topco.
17 Education & Technology Group Inc. (NYSE:YQ - Get Free Report) CEO Chang Liu bought 9,287 shares of the company's stock in a transaction on Tuesday, July 21st. The stock was purchased at an average cost of $2.17 per share, with a total value of $20,152.79. Following the completion of the transaction, the chief executive officer owned 44,214 shares in the company, valued at $95,944.38. This represents a 26.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Chang Liu also recently made the following trade(s):
- On Thursday, July 2nd, Chang Liu purchased 18,988 shares of 17 Education & Technology Group stock. The shares were acquired at an average cost of $2.20 per share, for a total transaction of $41,773.60.
17 Education & Technology Group Stock Down 6.0%
Shares of YQ opened at $2.02 on Wednesday. The company has a market cap of $21.91 million, a P/E ratio of -0.51 and a beta of 0.92. 17 Education & Technology Group Inc. has a fifty-two week low of $1.70 and a fifty-two week high of $6.45. The firm's 50 day moving average price is $2.33 and its 200 day moving average price is $2.63.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in 17 Education & Technology Group stock. XTX Topco Ltd bought a new position in shares of 17 Education & Technology Group Inc. (NYSE:YQ - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,460 shares of the company's stock, valued at approximately $25,000. XTX Topco Ltd owned approximately 0.13% of 17 Education & Technology Group at the end of the most recent reporting period. Institutional investors 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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