Chang Liu Purchases 9,055 Shares of 17 Education & Technology Group (NYSE:YQ) Stock

17 Education & Technology Group Inc. (NYSE:YQGet Free Report) CEO Chang Liu bought 9,055 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average cost of $2.19 per share, with a total value of $19,830.45. Following the completion of 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Thursday, September 3rd, Chang Liu purchased 10,000 shares of 17 Education & Technology Group stock. The shares were bought at an average price of $2.38 per share, for a total transaction of $23,800.00.
  • On Friday, August 28th, Chang Liu purchased 4,001 shares of 17 Education & Technology Group stock. The stock was bought at an average cost of $2.11 per share, for a total transaction of $8,442.11.
  • On Wednesday, August 26th, Chang Liu acquired 9,216 shares of 17 Education & Technology Group stock. The shares were bought at an average price 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 shares were bought at an average price of $2.46 per share, with a total value of $2,081.16.
  • On Thursday, August 13th, Chang Liu acquired 853 shares of 17 Education & Technology Group stock. The shares were bought 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 stock was bought at an average cost 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 bought at an average cost of $2.13 per share, for a total transaction of $3,955.41.
  • On Friday, July 31st, Chang Liu bought 5,830 shares of 17 Education & Technology Group stock. The stock was bought 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 purchased at an average cost of $1.86 per share, with a total value of $930.00.
  • On Tuesday, July 21st, Chang Liu purchased 9,287 shares of 17 Education & Technology Group stock. The shares were purchased at an average cost of $2.17 per share, with a total value of $20,152.79.

17 Education & Technology Group Stock Performance

17 Education & Technology Group stock opened at $2.92 on Friday. 17 Education & Technology Group Inc. has a one year low of $1.68 and a one year high of $6.45. The company has a 50-day simple moving average of $2.25 and a 200-day simple moving average of $2.40. The firm has a market capitalization of $31.67 million, a P/E ratio of -0.73 and a beta of 1.01.

17 Education & Technology Group declared that its board has approved a stock repurchase program on Thursday, September 3rd that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

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.

Hedge Funds Weigh In On 17 Education & Technology Group

An institutional investor recently raised its position in 17 Education & Technology Group stock. Renaissance Technologies LLC raised its holdings in shares of 17 Education & Technology Group Inc. (NYSE:YQFree Report) by 31.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,530 shares of the company’s stock after acquiring an additional 12,949 shares during the period. Renaissance Technologies LLC owned approximately 0.60% of 17 Education & Technology Group worth $192,000 as of its most recent SEC filing. 3.54% of the stock is owned by institutional investors and hedge funds.

About 17 Education & Technology Group

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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.

See Also

Insider Buying and Selling by Quarter for 17 Education & Technology Group (NYSE:YQ)

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