17 Education & Technology Group (NYSE:YQ) CEO Chang Liu Acquires 9,055 Shares

17 Education & Technology Group Inc. (NYSE:YQ) CEO Chang Liu bought 9,055 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was purchased at an average price of $2.19 per share, for a total transaction of $19,830.45. Following the acquisition, the chief executive officer directly owned 102,848 shares of the company’s stock, valued at approximately $225,237.12. The trade was a 9.65% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Chang Liu also recently made the following trade(s):

• On Friday, August 28th, Chang Liu bought 4,001 shares of 17 Education & Technology Group stock. The stock was purchased at an average cost of $2.11 per share, for a total transaction 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 price of $2.16 per share, with a total value of $19,906.56.
• On Friday, August 21st, Chang Liu purchased 846 shares of 17 Education & Technology Group stock. The shares were purchased at an average cost of $2.46 per share, with a total value of $2,081.16.
• On Thursday, August 13th, Chang Liu purchased 853 shares of 17 Education & Technology Group stock. The stock was purchased at an average cost of $2.41 per share, for a total transaction of $2,055.73.
• On Monday, August 10th, Chang Liu acquired 3,295 shares of 17 Education & Technology Group stock. The stock was purchased at an average price of $2.44 per share, for a total transaction of $8,039.80.
• On Thursday, August 6th, Chang Liu bought 1,857 shares of 17 Education & Technology Group stock. The stock was acquired at an average cost 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 shares were 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 price of $1.86 per share, for a total transaction of $930.00.
• On Tuesday, July 21st, Chang Liu purchased 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.
• On Thursday, July 2nd, Chang Liu acquired 18,988 shares of 17 Education & Technology Group stock. The stock was acquired at an average price of $2.20 per share, with a total value of $41,773.60.

17 Education & Technology Group Stock Performance

Shares of YQ stock opened at $2.77 on Friday. The firm has a market cap of $30.04 million, a P/E ratio of -0.69 and a beta of 1.01. 17 Education & Technology Group Inc. has a fifty-two week low of $1.68 and a fifty-two week high of $6.45. The business’s 50 day moving average price is $2.24 and its 200-day moving average price is $2.39.

17 Education & Technology Group announced that its Board of Directors has approved a share repurchase program on Thursday, September 3rd that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 17 Education & Technology Group stock. XTX Topco Ltd bought a new stake in shares of 17 Education & Technology Group Inc. (NYSE:YQ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 quarter. Institutional investors and hedge funds own 3.54% of the company’s stock.

17 Education & Technology Group Company Profile

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.