GSA Capital Partners LLP Reduces Holdings in Youdao, Inc. (NYSE:DAO)

GSA Capital Partners LLP trimmed its position in shares of Youdao, Inc. (NYSE:DAO) by 38.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,461 shares of the company’s stock after selling 71,727 shares during the quarter. GSA Capital Partners LLP owned 0.10% of Youdao worth $479,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Acadian Asset Management LLC boosted its stake in Youdao by 98.4% during the second quarter. Acadian Asset Management LLC now owns 238,445 shares of the company’s stock worth $928,000 after buying an additional 118,245 shares during the period. Institutional investors own 21.91% of the company’s stock.

Youdao Stock Up 1.2 %

NYSE DAO opened at $5.10 on Wednesday. The company has a fifty day moving average of $4.56 and a two-hundred day moving average of $3.93. The firm has a market capitalization of $616.69 million, a price-to-earnings ratio of 72.86 and a beta of -0.06. Youdao, Inc. has a 52 week low of $2.86 and a 52 week high of $5.97.

Youdao (NYSE:DAO) last posted its quarterly earnings data on Thursday, August 22nd. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($1.86) by $1.74. The company had revenue of $181.88 million during the quarter. Youdao had a net margin of 1.03% and a negative return on equity of 3.12%.

Youdao Company Profile

Youdao, Inc, an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications.