17 Education & Technology Group (NYSE:YQ) CEO Buys 5,830 Shares of Stock

17 Education & Technology Group Inc. (NYSE:YQ) CEO Chang Liu purchased 5,830 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was bought at an average cost of $1.89 per share, for a total transaction of $11,018.70. Following the purchase, the chief executive officer owned 54,957 shares in the company, valued at $103,868.73. This represents a 11.87% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, July 30th, Chang Liu acquired 500 shares of 17 Education & Technology Group stock. The shares were bought at an average price of $1.86 per share, with a total value of $930.00.
• On Tuesday, July 21st, Chang Liu acquired 9,287 shares of 17 Education & Technology Group stock. The shares were bought at an average price 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 shares were bought at an average cost of $2.20 per share, with a total value of $41,773.60.

17 Education & Technology Group Stock Performance

Shares of NYSE:YQ opened at $1.93 on Monday. 17 Education & Technology Group Inc. has a 52 week low of $1.68 and a 52 week high of $6.45. The company’s fifty day moving average is $2.28 and its 200-day moving average is $2.59. The company has a market capitalization of $20.93 million, a PE ratio of -0.48 and a beta of 0.92.

Hedge Funds Weigh In On 17 Education & Technology Group

A hedge fund recently bought a new stake in 17 Education & Technology Group stock. XTX Topco Ltd acquired a new position in shares of 17 Education & Technology Group Inc. (NYSE:YQ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 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. 3.54% of the stock is owned by hedge funds and other institutional investors.

About 17 Education & Technology Group

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.