Key Points
- CEO Chang Liu bought 10,000 shares of 17 Education & Technology Group at an average $2.38 per share, increasing his holdings by 9.72% to 112,848 shares. The purchase follows a series of additional insider buys since July, with no recent insider sales reported.
- The board authorized a program to repurchase up to $10 million of ordinary shares and American depositary shares over 12 months, using existing cash. However, the authorization does not guarantee the full amount will be spent and could reduce funds available for business investment.
- YQ opened at $2.92 and has a market capitalization of about $31.67 million, while remaining unprofitable with a negative P/E ratio. Institutional ownership is limited, with hedge funds and other institutions holding approximately 3.54% of the stock.
17 Education & Technology Group Inc. (NYSE:YQ - Get Free Report) CEO Chang Liu purchased 10,000 shares of the firm's stock in a transaction on Thursday, September 3rd. The stock was bought at an average cost of $2.38 per share, with a total value of $23,800.00. Following the acquisition, the chief executive officer owned 112,848 shares of the company's stock, valued at approximately $268,578.24. The trade was a 9.72% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Chang Liu also recently made the following trade(s):
- On Wednesday, September 2nd, Chang Liu acquired 9,055 shares of 17 Education & Technology Group stock. The shares were bought at an average cost of $2.19 per share, for a total transaction of $19,830.45.
- On Friday, August 28th, Chang Liu bought 4,001 shares of 17 Education & Technology Group stock. The stock was purchased at an average price of $2.11 per share, with a total value of $8,442.11.
- On Wednesday, August 26th, Chang Liu purchased 9,216 shares of 17 Education & Technology Group stock. The shares were purchased at an average cost of $2.16 per share, with a total value of $19,906.56.
- On Friday, August 21st, Chang Liu acquired 846 shares of 17 Education & Technology Group stock. The stock was purchased at an average cost of $2.46 per share, for a total transaction of $2,081.16.
- On Thursday, August 13th, Chang Liu acquired 853 shares of 17 Education & Technology Group stock. The stock was purchased at an average price of $2.41 per share, with a total value of $2,055.73.
- On Monday, August 10th, Chang Liu bought 3,295 shares of 17 Education & Technology Group stock. The shares were purchased at an average cost of $2.44 per share, with a total value of $8,039.80.
- On Thursday, August 6th, Chang Liu bought 1,857 shares of 17 Education & Technology Group stock. The stock was purchased at an average price of $2.13 per share, for a total transaction of $3,955.41.
- On Friday, July 31st, Chang Liu purchased 5,830 shares of 17 Education & Technology Group stock. The stock was acquired at an average price of $1.89 per share, for a total transaction of $11,018.70.
- On Thursday, July 30th, Chang Liu purchased 500 shares of 17 Education & Technology Group stock. The shares were acquired at an average cost of $1.86 per share, with a total value of $930.00.
- On Tuesday, July 21st, Chang Liu bought 9,287 shares of 17 Education & Technology Group stock. The shares were acquired at an average cost of $2.17 per share, with a total value of $20,152.79.
17 Education & Technology Group Price Performance
NYSE YQ opened at $2.92 on Friday. 17 Education & Technology Group Inc. has a 1 year low of $1.68 and a 1 year high of $6.45. The company has a market capitalization of $31.67 million, a PE ratio of -0.73 and a beta of 1.01. The company has a fifty day moving average of $2.25 and a 200 day moving average of $2.40.
17 Education & Technology Group declared that its board has authorized a share buyback plan on Thursday, September 3rd that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in 17 Education & Technology Group stock. XTX Topco Ltd purchased a new stake in 17 Education & Technology Group Inc. (NYSE:YQ - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,460 shares of the company's stock, valued at approximately $25,000. XTX Topco Ltd owned 0.13% of 17 Education & Technology Group at the end of the most recent quarter. Hedge funds and other institutional investors own 3.54% of the company's stock.
Key Stories Impacting 17 Education & Technology Group
Here are the key news stories impacting 17 Education & Technology Group this week:
- Positive Sentiment: The board approved a program to repurchase up to $10 million of ordinary shares and American depositary shares over 12 months beginning September 3. Purchases may occur through open-market transactions, block trades or negotiated deals and will be funded with existing cash. The authorization can support per-share value and signals management confidence. Share Repurchase Program Announcement
- Positive Sentiment: CEO Chang Liu purchased 10,000 shares at an average price of $2.38, increasing his holdings by approximately 9.72%. He also bought 9,055 shares at an average price of $2.19 in a separate transaction, raising ownership by roughly 9.65%. These purchases add to a broader pattern of insider buying with no reported insider sales in the recent period. SEC Insider Purchase Filing
- Neutral Sentiment: The buyback is an authorization rather than a guarantee that the company will spend the full $10 million. Actual repurchases will depend on market conditions, regulations and the board’s periodic review. Buyback Coverage
- Negative Sentiment: Because repurchases will use existing cash, the program could reduce funds available for business investment or cushion against weaker results. The company remains a very small-cap, unprofitable issuer, so the buyback and insider purchases do not eliminate operating, liquidity or China education-market risks.
17 Education & Technology Group Company Profile
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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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