17 Education & Technology Group (NYSE:YQ) CEO Acquires $20,152.79 in Stock

17 Education & Technology Group Inc. (NYSE:YQ) CEO Chang Liu purchased 9,287 shares of the stock in a transaction on Tuesday, July 21st. The stock was acquired at an average cost of $2.17 per share, for a total transaction of $20,152.79. Following the acquisition, the chief executive officer owned 44,214 shares in the company, valued at approximately $95,944.38. This represents a 26.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available 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 price of $2.20 per share, with a total value of $41,773.60.

17 Education & Technology Group Trading Down 14.2%

Shares of NYSE YQ opened at $1.75 on Friday. The business has a 50-day moving average of $2.29 and a 200-day moving average of $2.60. The firm has a market capitalization of $18.98 million, a price-to-earnings ratio of -0.44 and a beta of 0.92. 17 Education & Technology Group Inc. has a 12 month low of $1.68 and a 12 month high of $6.45.

Institutional Trading of 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 second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,460 shares of the company’s stock, valued at approximately $25,000. XTX Topco Ltd owned about 0.13% of 17 Education & Technology Group as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 3.54% of the company’s stock.

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.